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M&A Deal Summary

LRS Acquires Codeworks

On November 18, 2025, LRS acquired staffing company Codeworks

Acquisition Highlights
  • This is LRS’s 1st transaction in the Staffing sector.
  • This is LRS’s 4th transaction in the United States.
  • This is LRS’s 1st transaction in Wisconsin.

M&A Deal Summary
Date 2025-11-18
Target Codeworks
Sector Staffing
Buyer(s) LRS
Deal Type Add-on Acquisition

Target

Codeworks

Brookfield, Wisconsin, United States
Codeworks provides IT staffing, project delivery, and consulting services, helping organisations fill technology roles and deliver projects in areas like agile teams, DevOps, cloud infrastructure, software development and more. Codeworks was founded in 1995 and is based in Brookfield, Wisconsin.

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Buyer(S) 1

Buyer

LRS

Springfield, Illinois, United States
Category Company
Founded 1979
Sector Information Technology
Employees900
DESCRIPTION
Levi, Ray & Shoup's corporate headquarters in Springfield, Illinois.
Levi, Ray & Shoup's corporate headquarters in Springfield, Illinois.

Levi, Ray & Shoup, Inc. provides information technology solutions. The Company operates through several divisions and serves clients throughout North America, Europe, Asia, and Australia. Levi, Ray & Shoup, Inc. was established in 1979 and is headquartered in Springfield, Illinois.

DEAL STATS #
Overall 5 of 5
Sector: Staffing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 5 of 5
State: Wisconsin M&A 1 of 1
Country: United States M&A 4 of 4
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-29 Fulcrum Consulting

Minneapolis, Minnesota, United States

Fulcrum Consulting is a Business Advisory, Project Management, and IT staffing. Fulcrum helps companies thrive in a business environment affected by competitive threats, customer demands, and constantly evolving technologies Fulcrum Consulting was founded in 2002 and is based in Minneapolis, Minnesota.

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