M&A Deal Summary |
|
|---|---|
| Date | 2024-05-03 |
| Target | Motion Recruitment Partners |
| Sector | Staffing |
| Buyer(s) | Kelly Services |
| Sellers(s) | Littlejohn |
| Deal Type | Add-on Acquisition |
| Deal Value | 425M USD |
| Advisor(s) | Robert W. Baird & Co., Inc. (Financial) BakerHostetler (Legal) |
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| Category | Company |
|---|---|
| Founded | 1946 |
| Sector | Staffing |
| Employees | 6,200 |
| Revenue | 4.8B USD (2023) |
Kelly Services is a provider of workforce solutions. Kelly offers an array of outsourcing and consulting services as well as staffing on a temporary, temporary-to-hire, and direct-hire basis. Kelly Services was founded in 1946 and is based in Troy, Michigan.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 12 |
| Sector (Staffing) | 9 of 9 |
| Type (Add-on Acquisition) | 11 of 12 |
| State (Massachusetts) | 1 of 1 |
| Country (United States) | 6 of 7 |
| Year (2024) | 1 of 2 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-11-02 |
Kelly Services - European Staffing Business
Troy, Michigan, United States Kelly Services' European Staffing Business provides staffing services. |
Sell | €130M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-06-12 |
Ayers Group
New York, New York, United States Ayers Group is a career management firm that helps companies adapt to change through guidance on issues pertaining to human resources and organizational development. Ayers Group was formed in 1975 and is based in New York, New York. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1996 |
| PE ASSETS | 7.8B USD |
| Size | Mega |
| Type | Sector Agnostic |
Littlejohn is a private equity firm that makes control investments in mid-sized companies undergoing change; either in capital structure, strategy, operations, or growth. Littlejohn looks to commit $50 to $250 million of equity, mezzanine, or credit capital in companies with annual revenues of $100 to $800 million. Sectors of interest include industrial equipment, packaging, chemicals, automotive and transportation parts and equipment, food and food processing, healthcare, plastics, aerospace/defense, distribution, environmental and infrastructure services, and consumer products. The Firm avoids investing in real estate, fashion, retail, and businesses engaged in high technology. Littlejohn prefers opportunities located in the US, but also considers opportunities in Europe and Canada. Littlejohn was formed in 1996 and is based in Greenwich, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 47 of 48 |
| Sector (Staffing) | 1 of 1 |
| Type (Add-on Acquisition) | 21 of 22 |
| State (Massachusetts) | 2 of 2 |
| Country (United States) | 43 of 44 |
| Year (2024) | 3 of 4 |
| Size (of disclosed) | 8 of 11 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-04-23 |
Strategic Materials
Houston, Texas, United States Strategic Materials is a recycled glass processor and independent recycled plastics processor. Strategic Materials reprocesses post-industrial and post-consumer scrap material into recycled products used by manufacturers of bottles, fiberglass, highway beads, plastic bags, and plastic films. Strategic Materials is based in Houston, Texas. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-08-06 |
alphabroder
Trevose, Pennsylvania, United States alphabroder is a distributor of trade, private label, and retail apparel brands and merchandise to the promotional products marketplace. The Company supplies imprintable apparel and accessories to screen printers, embroiderers, promotional products distributors, athletic dealers, and other businesses. alphabroder is based in Trevose, Pennsylvania. |
Sell | - |
