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New Deal


Announced

Completed

The Reserves Network completed the acquisition of ExecuTeam and Team1Medical.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

staffing & employment services

Private

Outsourced HR and Staffing

United States

medical staff

Majority

Single Bidder

talent management consulting services

Completed

Friendly

Synopsis

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The Reserves Network, a staffing and staff outsourcing service provider completed the acquisition of ExecuTeam Staffing, a Texas-based provider of staffing services, and its subsidiary Team1Medical, a medical staffing service provider. Financial terms were not disclosed. ExecuTeam provides direct hire and temp-to-hire staffing services in various disciplines, including office, accounting and professional employment opportunities. "We’re thrilled to have ExecuTeam as a part of our TRN family. Both companies share some unique historical and cultural similarities, making this partnership very authentic. It’s a privilege to add such talented staff to our team.” Neil Stallard, The Reserves Network CEO.

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