Investor buys founder’s stake in TSR

Investor Zeff Capital LP, which last year sought to acquire all the shares in IT staffing provider TSR Inc. (NASD: TSR), has upped its stake to 19.5% of the company.

TSR Founder Joseph Hughes and his wife, Winifred, sold their stake in the company to Zeff Capital, QAR Industries Inc. and Fintech Consulting...

SkillStorm names new president

Staffing and IT services provider SkillStorm named Doug Wise as president, effective June 25. Wise replaces Paul Moura, who was promoted from CFO to president in 2015 and has now left the firm.

Wise is based out of Charlotte, NC, and is responsible for the strategic vision for SkillStorm’s two operating...

People: OpTech, Beacon Hill, Insperity, ScoutLogic, Korn Ferry

OpTech, a Troy, Mich.-based staffing and IT consulting services firm, appointed Andy Trestrail as VP of sales. Tresttrail previously spent 12 years with Compuware Corp., including as president and COO of its professional services division.

Beacon Hill Staffing Group, headquartered in Boston, announced...

Beeline VMS to get new owner; Adecco and private equity selling shares

Private equity firm GTCR and The Adecco Group struck a deal to sell VMS provider Beeline to New York-based private equity firm New Mountain Capital LLC. The firms aim to close the deal in August, which is subject to customary closing conditions.

Before this deal, Adecco owned 43% of Beeline after selling...

Impellam revenue rises in first half amid in growth UK managed services segment

Revenue was up 4.9% on a constant currency basis at Impellam Group plc in the first half of the year. The UK-based company reported growth was concentrated in its managed services operations in the UK, Europe and Australasia.

Global staffing firm Robert Walters reports strength in North American operations

Robert Walters plc, a UK-based firm that ranks on SIA’s list of largest global staffing providers, reported revenue rose 13% in constant currency. The company cited strength in its North American operations during the first half, particularly in New York and Toronto.

ASGN revenue rises 10% on a pro forma basis

Revenue at ASGN Inc. (NYSE: ASGN) rose 10.1% on a pro forma basis in the second quarter. The pro forma calculation includes revenue from the company’s acquisition of ECS Federal LLC, a government services contractor, in April of this year as if the companies were combined at the beginning of 2017....

Synergie revenue up 12% in second quarter

Synergie, a Paris-based staffing firm with international operations, reported second-quarter revenue rose 11.7% with much of the growth happening outside France. The firm ranks as one of the world’s largest staffing companies, and it has operations in Canada.

Groupe Crit revenue increases in first half, most growth in France

Paris-based Groupe Crit, the parent company of Indiana-based staffing firm Peoplelink, reported revenue rose 4.9% in the first half of the year adjusting for constant currency and acquisitions. Its revenue outside of France rose 1.2%, but fell 4.1% on a reported basis.

Jobless average falls but initial claims jump by 9,000

The US four-week moving average of initial claims for unemployment insurance fell to 218,000 last week, down 2,750 from the previous week’s revised average, the US Department of Labor reported today. The previous week’s average was revised upward by 250.

The four-week moving average decreases the...