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CRS acquires California staffing firm

October 18, 2013

New York-based staffing firm Corporate Resource Services Inc. (OTCBB: CRRS) acquired Cameo Employment Services in Ontario, Calif. The acquisition adds to CRS’ established presence in Southern California.

“CRS will realize increased gross margins with this acquisition and Cameo’s base of business generates higher average bill rates than our traditional business,” said Frank Vaccaro, president of sales at CRS. “We will continue to support the growth of Cameo’s customer base throughout the Southern California marketplace. Through this acquisition, CRS continues to demonstrate our ability to integrate higher margin business into our existing regions and leverage new service offerings to other clients throughout California.”

CRS operates 231 staffing and on-site facilities in 42 states and the District of Columbia. It ranks 28th on Staffing Industry Analysts’ list of fastest-growing staffing firms in the U.S.