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HKA Enterprises Inc. acquired Midcom Corp., an IT and engineering staffing firm specializing in technical and aeronautics staffing. Midcom is based in Anaheim, Calif.
The transaction closed Dec. 2; terms were not disclosed.
HKA provided employment for approximately 5,000 people in 2013, and the addition of Midcom will increase this number to around 6,500, according to HKA Marketing Coordinator Laura Long. Projected 2014 revenues are $200 million, representing approximately 40 percent growth from the acquisition.
Midcom Corp. will now operate as Midcom, a division of HKA Enterprises Inc., and serve as HKA’s West Coast center of operations and sales. Its executives will remain in their same capacity for the time being.
HKA is headquartered near Greenville, S.C., and has field offices in the United States, Canada and Puerto Rico. It places engineers and skilled tradesman in industries including IT, oil and gas, manufacturing and engineering.
“This acquisition strategically positions HKA to be amongst the leaders in the U.S. staffing market,” said HKA President Bruce Clayman. “Midcom is an outstanding organization and will significantly enhance our existing turn-key staffing delivery model.”