HR Outsourcing buys PEO Fortune Financial

HR Outsourcing Holdings, Inc., a professional employer organization and administrative services organization based in Lawrenceville, Ga., acquired Florida-based PEO Fortune Financial Inc.

The transaction closed Dec. 29.

HROI is a portfolio company of Clarion Capital Partners LLC, a New York-based, middle-market...

Today is busiest job search day of the year

Today is anticipated to be the top job search day of 2016, according to analysis of proprietary data released by Monster Worldwide Inc. (NYSE: MWW). The research is based on 2014 and 2015 data showing that there were 70% more job searches on the first Wednesday of the year when compared to an average...

Chartwell Staffing CEO moves to vice chairman role

Chartwell Staffing Solutions, a staffing provider based in Lancaster, Penn., promoted CEO Leo Camacho to vice chairman of the company. He heads up the effort of acclimating new offices resulting from acquisition or expansion and also works to bring in new large accounts.

Roderick Santoro was promoted...

US adds year-high 257,000 jobs in December, ADP reports

US private sector employment rose by 257,000 jobs in December from November, the largest monthly increase for the year, according to the ADP national employment report produced by Automatic Data Processing Inc. (NASD: ADP) in collaboration with Moody’s Analytics. December’s jobs gain is an increase...

Staffing 360 expects revenue to rise 24% in its fiscal Q2

Staffing 360 Solutions Inc. (NASD: STAF) expects reported revenue for its fiscal second quarter ended Nov. 30, 2015, to reach a record $41 million, up 24% from $33 million reported in the same period last year.

“We are pleased to announce projected revenue of $41 million for our second quarter,” said...

Online job ads fall in December

US online job ads fell by 276,800 in December to approximately 5.41 million, according to The Conference Board’s report on online job ads. December’s large drop offsets a strong gain of 232,000 online job ads in November.

“Labor demand in 2015 continued at the same slow steady pace of 2014, averaging...

Allegis Partners lists top talent trends for 2016

Executive search firm Allegis Partners, part of Allegis Group, released today its list of the top five trends driving workplace change in 2016. The list was compiled through research with C-level executives over several months.

“The pace of change today is so great we can’t reliably predict what the...

AMN completes $160 million B.E. Smith deal

AMN Healthcare Services Inc. (NYSE: AHS), the largest US healthcare staffing firm, on Monday completed its acquisition of B.E. Smith, an executive search firm specializing in healthcare.

The $160 million, all-cash deal was announced in November and is being funded through a combination of term loan borrowings...

M3 buys physician search provider The Medicus Firm

Physician search provider The Medicus Firm has been acquired by M3 USA, a Tokyo-based provider of healthcare websites and research. The Medicus Firm is based in Dallas with an office in Atlanta and provides search services for physicians and advanced practice providers. It is M3’s fourth acquisition...

Private equity firm takes minority stake in ALKU

Staffing firm ALKU secured a minority equity investment from WestView Capital Partners, a Boston-based private equity firm focused on middle-market growth companies. Terms of the transaction were not announced.

ALKU ranked No. 4 on Staffing Industry Analysts list of fastest-growing us staffing firms,...