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Announced

Completed

Vertical Staffing Resources completed the acquisition of PeopleReady Canadian staffing business from TrueBlue.

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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Canada

Acquisition

Private

Domestic

Outsourced HR and Staffing

staffing

Completed

Friendly

Majority

Single Bidder

Synopsis

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Vertical Staffing Resources, a company that provides workforce solutions and services, completed the acquisition of PeopleReady Canadian staffing business, an industrial temp staffing agency, from TrueBlue, a provider of specialized workforce solutions. Financial terms were not disclosed. “This sale allows us to most effectively leverage our resources to maximize value and further sharpen our focus on core operations, including the many compelling and profitable growth opportunities we see in the US staffing and global RPO markets. We are confident that Vertical Staffing Resources will be a great fit for our PeopleReady Canadian staffing business and are working closely with the Vertical team to ensure a seamless transition," Taryn Owen, TrueBlue President and CEO.

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