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New York-based staffing firm Corporate Resource Services Inc. (NASD: CRRS) acquired Staff Management Group, a staffing firm based in New Jersey. “This is a strategic acquisition for Corporate Resource Services in New Jersey,” said Corporate Resource CEO John Messina. “Staff Management Group generates over $85 million in sales, and positions CRS as the largest staffing provider in the State of New Jersey.”
The transaction closed Jan. 31 and terms were not disclosed.
Staff Management Group’s management will integrate into CRS’ existing management team. CEO Dennis Omahen will become senior vice president of the tri-state region for CRS and the firm’s other principals will assume leadership roles with CRS.
“This acquisition makes us the largest provider of staffing services in the state of New Jersey,” said CRS Chief Operating Officer Mark Levine.
CRS operates 235 staffing and on-site facilities throughout the United States and the United Kingdom. It ranks 28th on Staffing Industry Analysts’ list of fastest-growing staffing firms in the U.S.