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Westaff shareholders OK Select deal

March 18, 2009

Westaff Inc. (NASD: WSTF) announced that shareholders approved its sale to Koosharem Corp., which does business as Select Staffing, during a special meeting Tuesday. The proposed deal is expected be closed this week pending other conditions in the agreement. Those conditions include receipt by...


Forum - Staffing revenue to fall 12.5%

March 18, 2009

Total staffing industry revenue is expected to decline 12.5% in 2009, said Barry Asin, chief analyst and managing executive of products at Staffing Industry Analysts, in his keynote on Tuesday at the Staffing Industry Executive Forum in Miami Beach FL. "In the short term I don't have lots of real...


Pomeroy Q4 staffing revenue down 50%

March 18, 2009

Pomeroy IT Solutions Inc. (NASD: PMRY), a Hebron KY-based information technology services and staffing company, announced Tuesday that staffing revenue fell 50.4% year-over-year to $13.8 million in its fiscal fourth quarter ended Jan. 5. Pomeroy said the decrease sprang from a decision in June to...


Select to buy Butler and division of Global

March 17, 2009

Butler International Inc. (OTCBB: BUTL.PK), an engineering services and staffing firm, announced it struck a deal to be acquired by a division of the Santa Barbara CA-based Select Family of Staffing companies. Separately, Global Employment Holdings Inc. (OTCBB: GEYH.OB) said it made a deal to sel...


Research from Staffing Industry Analysts

March 17, 2009

Here is the latest research from Staffing Industry Analysts. INSIGHT - Finance/Accounting growth update*Holding 2009 growth projection at -10%*Companies across the board down by double-digits year-over-year in the fourth quarter*2008 growth estimate lowered from -5.0% to -6.5% INSIGHT - Hottest (...


EMTA acquires Easy Staffing Services

March 17, 2009

EMTA Holdings Inc. (OTCBB: EMHD.OB) said today its Lumea Inc. subsidiary acquired Easy Staffing Services Inc., an industrial staffing firm. EMTA acquired Easy Staffing in exchange for 15 million shares, a note for $8.75 million and the assumption of $2.3 million in debt. Easy posted 2008 revenu...


EMTA acquires Easy Staffing Services

March 17, 2009

EMTA Holdings Inc. (OTCBB: EMHD.OB) said today its Lumea Inc. subsidiary acquired Easy Staffing Services Inc., an industrial staffing firm. EMTA acquired Easy Staffing in exchange for 15 million shares, a note for $8.75 million and the assumption of $2.3 million in debt. Easy posted 2008 revenue...


Gevity revenue slips 14.3%

March 17, 2009

Fourth-quarter revenue fell 14.3% year-over-year at Gevity HR Inc. (NASD: GVHR) to $125.1 million as the average number of paid client employees decreased at the Bradenton FL-based professional employer organization. The company is in the process of being acquired by TriNet Group Inc., a San Lean...


Select to buy Butler and division of Global

March 17, 2009

Butler International Inc. (OTCBB: BUTL.PK), an engineering services and staffing firm, announced it struck a deal to be acquired by a division of the Santa Barbara CA-based Select Family of Staffing companies. Separately, Global Employment Holdings Inc. (OTCBB: GEYH.OB) said it made a deal to s...


Gevity revenue slips 14.3%

March 17, 2009

Fourth-quarter revenue fell 14.3% year-over-year at Gevity HR Inc. (NASD: GVHR) to $125.1 million as the average number of paid client employees decreased at the Bradenton FL-based professional employer organization. The company is in the process of being acquired by TriNet Group Inc., a San Le...