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Select to buy Butler and division of Global

March 17 2009

Butler International Inc. (OTCBB: BUTL.PK), an engineering services and staffing firm, announced it struck a deal to be acquired by a division of the Santa Barbara CA-based Select Family of Staffing companies. Separately, Global Employment Holdings Inc. (OTCBB: GEYH.OB) said it made a deal to sell its Temporary Placement Services Inc. division to Select, according to a filing with the U.S. Securities and Exchange Commission.

Terms of the Butler deal were not disclosed. Butler reported 2007 revenue of $312 million. Select said it had 2008 revenue of $1.5 billion. Select would acquire Temporary Placement Services for almost $2 million, according to the filing.

D. Stephen Sorenson, CEO of The Select Family of Companies, said the deals will add information technology and engineering services to Select.

Select has acquired a number of companies. Most recently it struck a deal to buy Westaff Inc. (NASD: WSTF). That deal valued Westaff at around $20.9 million.


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