M&A Deal Summary

CorTech Acquires Penski Staffing

On July 10, 2016, CorTech acquired staffing company Penski Staffing

Acquisition Highlights
  • This is CorTech’s 4th transaction in the Staffing sector.
  • This is CorTech’s 4th transaction in the United States.
  • This is CorTech’s 1st transaction in New York.

M&A Deal Summary

Date 2016-07-10
Target Penski Staffing
Sector Staffing
Buyer(s) CorTech
Deal Type Add-on Acquisition

Target

Penski Staffing

Potsdam, New York, United States
Penski Staffing headquartered in Potsdam, NY. Penski has operated for over 30 years and has offices in Potsdam and Watertown New York. Comany have a unique crowd sourcing staffing model with a strong recruiting platform to create a high quality experience delivering industrial, admin and professional staffing solutions to local clients.

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Buyer(S) 1

Buyer

CorTech

Atlanta, Georgia, United States

Category Company
Founded 1999
Sector Staffing
DESCRIPTION

CorTech is a service-oriented staffing/recruiting company dedicated to working closely with clients. Company mission is not only to provide the best, most cost-effective staffing for clients; but to also provide the best opportunities for candidates. By working with each client and candidate through the entire selection process, long-term relationships are built. This network of relationships between client, candidate, and staff creates the foundation that allows CorTech to fill your company’s needs quickly and successfully.


DEAL STATS #
Overall 4 of 4
Sector: Staffing M&A 4 of 4
Type: Add-on Acquisition M&A Deals 4 of 4
State: New York M&A 1 of 1
Country: United States M&A 4 of 4
Year: 2016 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-05 Partnership Staffing

Richmond, Virginia, United States

Partnership Staffing, Inc. focuses primarily on light industrial job placements and also provides clerical and call center staffing. Local clients include the Vitamin Shoppe distribution center in Ashland, print services company Cenveo and cold storage business Lineage Logistics.

Buy -