Manpower buys Comsys IT Partners
International recruiter Manpower Inc has entered into an agreement to acquire IT recruiter Comsys IT Partners Inc.
International recruiter Manpower Inc has entered into an agreement to acquire IT recruiter Comsys IT Partners Inc.
The agreement has been approved by the boards of directors of both companies and is worth around $431m (£269m) including net debt assumed by Manpower.
The firm is set to be integrated into Manpower Professional and when combined with Elan, Manpower’s European IT staffing business, will create a business with total revenues of more than $2.5bn. The combined business increases Manpower’s professional consultants to more than 25,000.
Jeff Joerres, Manpower Inc chairman and chief executive, says: “The acquisition of Comsys is consistent with our strategy and strengthens the continued expansion of our professional staffing services and outcome-based solutions.”
