M&A Deal Summary

CornerStone Staffing Solutions Acquires Valtech Services

On February 11, 2016, CornerStone Staffing Solutions acquired information technology company Valtech Services

Acquisition Highlights
  • This is CornerStone Staffing Solutions’ 1st transaction in the Information Technology sector.
  • This is CornerStone Staffing Solutions’ 2nd transaction in the United States.
  • This is CornerStone Staffing Solutions’ 1st transaction in Texas.

M&A Deal Summary

Date 2016-02-11
Target Valtech Services
Sector Information Technology
Buyer(s) CornerStone Staffing Solutions
Deal Type Add-on Acquisition

Target

Valtech Services

Plano, Texas, United States
Valtech Services has been the engine responsible for providing the people and expertise needed to implement a wide array of large and complex IT projects. The company is well known as “the people engine” connecting emerging, growing, and established companies with the people they need to tackle their most crucial IT challenges.

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Buyer(S) 1

Buyer

CornerStone Staffing Solutions

Pleasanton, California, United States

Category Company
Founded 2003
Sector Staffing
DESCRIPTION

Cornerstone Staffing Solutions is among the top 120 largest staffing firms in America, as ranked by Staffing Industry Analysts. Since 2003, Cornerstone has grown from a neighborhood staffing provider to a $100 million national firm that employs thousands of people at hundreds of companies from California to Connecticut. Providing candidate searching and job placement for administrative, industrial, technical, sales and transportation positions, Cornerstone truly is where talent and jobs meet.


DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Texas M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2016 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-11 The Wyckoff Group

Shrewsbury, New Jersey, United States

The Wyckoff Group is headquartered in Shrewsbury, NJ and has offices in Spotswood and Lakewood. Providing staffing and recruiting services for administrative, clerical, accounting, finance, human resources, pharmaceutical & biotech, executive & management, and light industrial staffing, the company truly connects people with jobs.

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