M&A Deal Summary

Kelly Services Acquires Pediatric Therapeutic Services

On May 3, 2022, Kelly Services acquired consumer services company Pediatric Therapeutic Services

Acquisition Highlights
  • This is Kelly Services’ 1st transaction in the Consumer Services sector.
  • This is Kelly Services’ 5th transaction in the United States.
  • This is Kelly Services’ 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2022-05-03
Target Pediatric Therapeutic Services
Sector Consumer Services
Buyer(s) Kelly Services
Deal Type Add-on Acquisition
Advisor(s) Newport Transaction Advisors LLC (Financial)

Target

Pediatric Therapeutic Services

Conshohocken, Pennsylvania, United States
Pediatric Therapeutic Services is a specialty firm that provides state and federally mandated in-school therapy services including occupational therapy, physical therapy, speech-language pathology, and mental and behavioral health services. Pediatric Therapeutic Services was formed in 1998 and is based in Conshohocken, Pennsylvania.

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Buyer(S) 1

Buyer

Kelly Services

Troy, Michigan, United States
Category Company
Founded 1946
Sector Staffing
Employees6,200
Revenue 4.8B USD (2023)
DESCRIPTION
Kelly Services' corporate headquarters in Troy, Michigan.
Kelly Services' corporate headquarters in Troy, Michigan.

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 10 of 12
Sector (Consumer Services) 1 of 1
Type (Add-on Acquisition) 10 of 12
State (Pennsylvania) 1 of 1
Country (United States) 5 of 7
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-09 Rocket Power

Danville, California, United States

Rocket Power provides talent solutions to rapidly scaling technology companies that are disrupting industries and literally changing the world. Our four practices (Recruiting Process Outsourcing, Recruiting for Recruiters, Executive Search, and HR Process Outsourcing) meet the most pressing needs of our clients across mission-critical engineering, product, operations, and go-to-market roles. Rocket Power was founded in 2016 and is based in Danville, California.

Buy -
FOLLOWING DEAL
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
Mergr

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Company

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