M&A Deal Summary

SFN Group Acquires Spherion Canada

On October 25, 2010, SFN Group acquired staffing company Spherion Canada from Spherion Staffing

Acquisition Highlights
  • This is SFN Group’s 1st transaction in the Staffing sector.
  • This is SFN Group’s 1st transaction in Canada.
  • This is SFN Group’s 1st transaction in Ontario.

M&A Deal Summary
Date 2010-10-25
Target Spherion Canada
Sector Staffing
Buyer(s) SFN Group
Sellers(s) Spherion Staffing
Deal Type Divestiture

Target

Spherion Canada

Toronto,, Ontario, Canada
Spherion Canada operates as a provider of integrated staffing solutions throughout Canada.

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Buyer(S) 1

Buyer

SFN Group

Fort Lauderdale, Florida, United States
Category Company
Sector Business Services
DESCRIPTION

SFN Group, Inc. is a staffing firm.

DEAL STATS #
Overall 1 of 1
Sector (Staffing) 1 of 1
Type (Divestiture) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2010) 1 of 1

Seller(S) 1

SELLER

Spherion Staffing

Huntsville, Alabama, United States
Category Company
Founded 1946
Sector Staffing
DESCRIPTION

Spherion Corporation is a recruiting and staffing company that provides integrated solutions to meet the evolving needs of companies and job candidates.

DEAL STATS #
Overall 2 of 2
Sector (Staffing) 2 of 2
Type (Divestiture) 2 of 2
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2010) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-11-15 Technisource

Ft. Lauderdale, Florida, United States

Technisource (formerly IntelliMark) was originally a roll-up of 21 information technology temporary-staffing companies acquired between 1997 and 1999 by Edgewater Technology, a public company. The company, initially located in Little Rock, AR, has two primary lines of business: IT Resources and IT Solutions. IT Resources provides temporary IT staffing to Fortune 1000, mid-market and emerging-market clients through nearly 30 branches nationwide. IT Solutions provides network consulting and design, integration and support services, help desk solutions and training.

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