Divestiture • Staffing

Elwood Staffing Acquires Spencer Reed Group - Encore Staffing Services

On July 24, 2014, Elwood Staffing acquired staffing company Spencer Reed Group - Encore Staffing Services from Spencer Reed Group

Acquisition Context
  • This is Elwood Staffing’s 9th transaction in the Staffing sector.
  • This is Elwood Staffing’s 9th transaction in the United States.
  • This is Elwood Staffing’s 1st transaction in Kansas.

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M&A Deal Summary

Date July 24, 2014
Target Spencer Reed Group - Encore Staffing Services
Sector Staffing
Buyer(s) Elwood Staffing
Sellers(s) Spencer Reed Group
Deal Type Divestiture
Advisor(s) Bowstring Advisors (Financial)

Target Company

Spencer Reed Group - Encore Staffing Services

Overland Park, Kansas, United States
Spencer Reed Group - Encore Staffing Services is a commercial staffing firm.
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Buyer Overview 1

Buyer

Elwood Staffing

Columbus, Indiana, United States

Category Company
Founded 1980
Sector Staffing
DESCRIPTION

Elwood Staffing is a staffing firm that provides talent based solutions and actionable workforce intelligence.


Deal Context for Buyer #
Overall 9 of 15
Sector: Staffing 9 of 15
Type: Divestiture 1 of 1
State: Kansas 1 of 2
Country: United States 9 of 15
Year: 2014 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-02-20 SOS Staffing Services

Salt Lake City, Utah, United States

SOS Employment Group is a provider of industrial staffing services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-29 The York Companies

Louisville, Kentucky, United States

The York Companies, Inc. is a provider of staffing and recruiting services.

Buy -

Seller Profile 1

SELLER

Spencer Reed Group

Overland Park, Kansas, United States

Category Company
Founded 1990
Sector Staffing
DESCRIPTION

Spencer Reed Group is a multiple-niche staffing firm specializing in Direct Hires, Temporary Staffing and Contract Staffing. Spencer Reed Group has placed tens of thousands of candidates with thousands of clients throughout the United States. Spencer Reed Group was founded in 1990 and is based in Overland Park, Kansas.


Deal Context for Seller #
Overall 1 of 1
Sector: Staffing 1 of 1
Type: Divestiture 1 of 1
State: Kansas 1 of 1
Country: United States 1 of 1
Year: 2014 1 of 1