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Select Staffing completes EmployBridge acquisition

February 11, 2015

The Select Family of Staffing Companies’ $410 million acquisition of EmployBridge is complete, Morgan Stanley Global Private Equity announced. Select ranked as the 10th-largest US staffing and talent engagement firm, and EmployBridge ranked as the 17th-largest. Both companies also rank on the list of largest US industrial staffing firms.

The new company will continue to operate in the local markets under its existing brand names and expects approximately $3 billion in combined annual revenue. The company will be headquartered in Atlanta, with significant corporate operations centers in Santa Barbara, Calif.; Irving, Texas; and other centers in the US.

Tom Bickes is now CEO and a member of the board of directors. Paul Sorensen is president and Shawn Poole serves as executive vice president and CFO.

“The new company is well positioned for sustained growth,” said Poole. “We have the enthusiastic support of our investors and equity partners. Our consolidated financial strength will allow us to expand on the outstanding systems and services we provide across a broad spectrum of industries and geographies. And our experienced teams are eager to combine the best practices of each brand into an industry leading operation.”

Moody’s affirmed Select’s rating in January.