ProVision Staffing, a Toronto-based IT staffing firm, acquired Corporate Ladder, a finance and accounting staffing firm also located in Toronto. The acquisition expands Provision’s footprint into the finance and accounting sector.

The official purchase offer was accepted in October 2015; terms were not disclosed. Onboarding of Corporate Ladder employees started in January and systems integration is ongoing.

The Corporate Ladder brand will remain and function as a division of ProVision for the near future. Rich Cromie, the former owner of Corporate Ladder, will remain on board for 12 months as a consultant to help with the transition.

“In Corporate Ladder we found just what we were looking for,” said Provision President Bob Spiers. “ProVision's largest business service offering in the GTA has been information technology focused, by acquiring Corporate Ladder we become a significant provider of finance and accounting, investment banking and risk and compliance staffing services. There are a lot of synergies between us given the volume of work that each of us do in the banking sector.”

ProVision made 265 placements in the last year and reports $20 million in revenue. It counts 25 employees while Corporate Ladder has five employees.

Provision’s targeted sectors include IT, financial services and capital markets, as well as government services staffing. Firms that operate in these spaces are of primary acquisition interest to the company.