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Addison Group acquires West Coast staffing provider

September 02, 2014

Chicago-based professional staffing firm Addison Group acquired CVPartners Inc., a staffing firm with offices in the San Francisco and Seattle markets.

The transaction closed Aug. 15; terms were not disclosed.

CVPartners will maintain its offices in San Francisco; Mountain View, Calif.; Seattle; and Bellevue, Wash. Founder Nancy Baltzer will remain with the firm as president and partner; Scott Hopkins, Ann King, Ian Casey and Patricia McNamara also remain as partners.

“We are thrilled to combine forces with CVPartners and excited about the opportunity to expand our finance & accounting, IT and HR practices into the West Coast,” said Addison Group CEO Thomas Moran. “CVPartners’ expertise in the region is a natural step forward in Addison’s continued development as a leading coast-to-coast professional staffing firm. CVPartners’ business model, philosophy and procedures are in line with our vision and we look forward to our future together.”

Addison ranks No. 81 on Staffing Industry Analysts’ list of largest U.S. staffing firms. It is a portfolio company of private equity firm Trilantic Capital Partners. Trilantic acquired Addison, the first staffing firm in its portfolio, in October.

The deal follows Addison Group’s acquisition in April of HireStrategy, a professional staffing firm based in Reston, Va.