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Global sells PEO, buys temp business

July 23, 2010

Global Employment Solutions, based in Littleton CO, announced the sale of a PEO business and the acquisition of a temporary staffing business.

The company sold its Global Employment Solutions professional employer organization business to Madison Capital Partners, a Chicago-based private equity firm. The deal was effective July 15.

Global Employment Solutions' PEO business, formerly Southeastern Companies, is based in Tampa and serves approximately 1,000 clients and 15,000 worksite employees.

In addition, Global Employment Solutions acquired temporary staffing operations from Atlanta-based firstPRO. The business acquired includes office/clerical staffing as well as industrial. The former firstPRO operations will take on the Global Employment Solutions name.

Terms of the transactions were not announced.