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Announced

Completed

Kelly Services completed the acquisition of Softworld.

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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Management Consulting

Acquisition

United States

Domestic

Friendly

Private

Majority

Completed

technology staffing

workforce solutions

Single Bidder

Synopsis

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Kelly Services, an American office staffing company, completed the acquisition of Softworld, a direct hire and contract recruitment firm. Financial terms were not disclosed. “Through the acquisition of Softworld, Kelly adds to its portfolio a business with a consistent track record of growth whose deep expertise in technology complements the company’s focus on fast-growing, high-margin specialties. Softworld's high-performance culture, underpinned by a talent-first mindset and an unwavering commitment to client satisfaction, make it a natural fit within Kelly,” Peter Quigley, Kelly President and CEO.

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