Merger and acquisition (M&A) activity in the IT staffing market remains stable to strong. Although reviews of IT staffing firms are rarely disclosed, it is clear that strategic buyers, investors and private equity firms have a keen interest in the IT staffing market.
Why is this? Certainly, skills shortages in cybersecurity, multi-cloud services, robotic process automation, artificial intelligence (AI), and other fast-growing fields have generated strong demand for IT staffing firms. Here’s a sampling of the related M&A deals that ChannelE2E has covered:
January 16, 2022: Motion Recruitment Partners, backed by private equity firm Littlejohn & Co., acquired Matrix Resources, an IT recruitment firm focused on Agile and DevSecOps consulting and managed telecom services talent.
April 15, 2021: Digital Intelligence Systems (DISYS) acquired Signature Consultants, an IT staffing firm based in Fort Lauderdale, Florida.
April 14, 2021: Staffing firm Kelly Services acquired Softworld, a technology recruitment and staffing solutions company based in Waltham, Massachusetts.
March 13, 2021: Technology solutions company Kyyba Inc. acquired Asen, a Chicago-area professional services and recruitment company.
February 12, 2021: Consulting Solutions, backed by private equity firm White Wolf Capital, acquired TEK Connexion, a technology staffing firm in Chicago, Illinois and Pittsburgh, Pennsylvania.
February 11, 2021: Ettain Group, backed by private equity firm A&M Capital, acquired INT Technologies.
09/10/2020: Futuris acquired Fortek and Soft2001, two New Jersey-based IT recruitment firms.
July 9, 2020: XDuce Inc, a global provider of software development, systems integration and staffing services based out of Edison, New Jersey, acquired a controlling interest in SANS Consulting.
February 8, 2020: BG Staffing acquired EdgeRock Technology Partners, an MSP and IT consulting firm for Oracle, Salesforce, SAP, ServiceNow, WorkDay and Tableau application expertise.
January 7, 2020: Amcus Inc acquired iTech Solutions.
December 6, 2019: ZRG Partners acquired Miror Partners; Penetrating executive search, leadership development and talent recruitment for the technology industry.
October 5, 2019: Ettain Group, backed by private equity firm A&M Capital, acquired Global Employment Solutions (GES) & Leidos Health.
March 4, 2019: Saggezza acquired Omni Resources, a Milwaukee-based IT consulting, talent and software development company.
May 3, 2018: Private equity firm Littlejohn & Co invested in Motion Recruitment Partners, a global IT staffing and recruitment firm.
April 2, 2018: Digital Intelligence Systems (DISYS), a talent and IT project solutions provider, has acquired Xtreme Consulting Group, a talent and IT solutions company based in the Pacific Northwest with offices in the United States, DISYS confirmed.
September 1, 2016: BlueLine Associates (BLA) acquired the technology division of BlueStaff Inc. (BSI).