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TrueBlue completes Seaton acquisition

June 30, 2014

TrueBlue Inc. (NYSE: TBI) announced today it has completed its $310 million acquisition of Seaton Corp., including its PeopleScout, Staff Management|SMX, HRX and StudentScout service lines. TrueBlue announced the deal earlier this month.

“Our acquisition strategy has always been about building new competencies," said TrueBlue CEO Steve Cooper. “The addition of Staff Management|SMX allows us to address the complex needs of customers with large, industrial workforces. Similarly, just as we’ve helped customers increase the productivity of their workforces through access to specialized staffing services, the addition of PeopleScout means customers can now rely on TrueBlue to do the same for recruiting their full-time workforce.”

The acquisition gives TrueBlue 2013 pro forma revenue of $2.3 billion.