M&A Deal Summary

Contract Professionals Acquires Manufacturing & Industrial Technologies - Human Capital Business

On September 25, 2018, Contract Professionals acquired staffing company Manufacturing & Industrial Technologies - Human Capital Business from Manufacturing & Industrial Technologies

Acquisition Highlights
  • This is Contract Professionals’ 1st transaction in the Staffing sector.
  • This is Contract Professionals’ 1st transaction in the United States.
  • This is Contract Professionals’ 1st transaction in Michigan.

M&A Deal Summary
Date 2018-09-25
Target Manufacturing & Industrial Technologies - Human Capital Business
Sector Staffing
Buyer(s) Contract Professionals
Sellers(s) Manufacturing & Industrial Technologies
Deal Type Divestiture

Target

Manufacturing & Industrial Technologies - Human Capital Business

Lake Orion, Michigan, United States
Manufacturing & Industrial Technologies, Inc. - Human Capital Business help in finding, hiring and developing people. Human talent is the greatest investment and greatest risk that any business will ever face. The process of acquiring new talent is expensive and time consuming. It is more difficult when you need a special person with a unique set of skills or for a limited engagement. We at MIT are experts in finding talent. We can manage all of your human resource needs including: Outsourced HR MIT can provide and manage employees for a single team, a complete department, or your whole company. Staffing We provide staff augmentation services for both short-term and long-term engagements. Recruiting Our recruiters are veterans at finding candidates that are perfect fits for even the detailed job requirements.

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Buyer(S) 1

Buyer

Contract Professionals

Waterford, Michigan, United States
Category Company
Sector Staffing
DESCRIPTION

Contract Professionals, Inc. is a DoD cleared, ISO certified, ITAR compliant global staffing company with over 34 years of operating history. Company have extensive experience providing services to aerospace, automotive, defense, industrial, information technology, manufacturing and telecommunication industries.

DEAL STATS #
Overall 1 of 1
Sector (Staffing) 1 of 1
Type (Divestiture) 1 of 1
State (Michigan) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1

Seller(S) 1

SELLER

Manufacturing & Industrial Technologies

Lake Orion, Michigan, United States
Category Company
Founded 1975
Sector Information Technology
DESCRIPTION

Manufacturing & Industrial Technologies, Inc. (MIT) is a provider of high-expertise consulting services to the Federal Government, Aerospace OEM’s, Space, Military and Defense, Shipbuilding, Automotive and Alternative Energy industries. This includes engineering (CAD/CAM/CAE), manufacturing, Product Lifecycle Management (PLM), plant floor technology, and Supply Chain Management. We utilize our direct resources, industry partners, and affiliations to successfully execute and complete contract requirements. This is the value of working with a business integrator.

DEAL STATS #
Overall 1 of 1
Sector (Staffing) 1 of 1
Type (Divestiture) 1 of 1
State (Michigan) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1
Mergr

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