M&A Deal Summary

Kelly Services Acquires Rocket Power

On March 9, 2022, Kelly Services acquired staffing company Rocket Power

Acquisition Highlights
  • This is Kelly Services’ 8th transaction in the Staffing sector.
  • This is Kelly Services’ 4th transaction in the United States.
  • This is Kelly Services’ 1st transaction in California.

M&A Deal Summary
Date 2022-03-09
Target Rocket Power
Sector Staffing
Buyer(s) Kelly Services
Deal Type Add-on Acquisition

Target

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.

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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 9 of 12
Sector (Staffing) 8 of 9
Type (Add-on Acquisition) 9 of 12
State (California) 1 of 1
Country (United States) 4 of 7
Year (2022) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-14 Kelly Legal Managed Services

Troy, Michigan, United States

Kelly Legal Managed Services is a provider of legal staffing solutions. Kelly Legal Managed Services is based in Troy, Michigan.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-03 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.

Buy -
Mergr

Product

Company

Legal