IT Staffing Report: May 14, 2015

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Advantage to acquire Minneapolis-based staffing provider

Advantage Resourcing America Inc., a division of Recruit Co. Ltd., announced plans to acquire Minneapolis-based provider Atterro Inc., which operates several staffing brands including the Technical ProSource brand for IT staffing.

An acquisition price of ¥4.8 billion as disclosed by Recruit, the world’s fifth-largest staffing firm and the largest staffing firm in Japan, represents the equity value of Aterro shares. However, the total acquisition price is undisclosed. The acquisition is expected to close May 22.

“The acquisition of Atterro (projecting $250+ million in annual revenue), will be an integral step toward the expansion goals of the Advantage Group,” said Advantage Resourcing CEO Toshio Oka. “The Atterro brands are strong and its locations complement the existing Advantage footprint. Combined we will have over 190 locations in North America.”

Atterro CEO Clay Morel will remain in a key leadership role of Atterro, working with Oka.

Atterro provides specialty staffing, recruitment process outsourcing and contingent worker solutions operating under the brands Digital People, Hunter Hamilton, Pro Staff, Blue Edge RPO, Ware Technology Services and Technical ProSource.