Announced
Financials
Tags
Acquisition
human resources
Private
Single Bidder
Outsourced HR and Staffing
Majority
Pending
United States
Friendly
Synopsis
Group Management Services, an employee administration provider, agreed to acquire Corporate Business Solutions, a Georgia-based Human Resources Outsourcing provider. Financial terms were not disclosed. "The acquisition by GMS will enable CBS to further deliver on its promise to provide our clients a wide array of quality insurance products that are affordably priced. Enhancing our clients' competitive edge has always been core to CBS – this accelerates our ability to do that for our many valued clients," Jim Karle, CBS President.
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