Encore Talent announces spinout from Encore Technologies
IT Staffing Report
Encore Talent announces spinout from Encore Technologies
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Encore Talent is a new IT and finance/accounting staffing firm spun out from Encore Technologies, with Jason McCaw as CEO and Greg Vollmer as president. McCaw and Vollmer are also majority stakeholders in the staffing provider. The deal closed in September 2023, though the company formally launched in January of this year.
McCaw formerly served as CEO of BelFlex Staffing Network, which was sold to Elwood Staffing. He also leads Intellex, a family-owned provider of consulting solutions to the consumer packaged goods industry.Vollmer has more than 18 years of leadership experience in banking, corporate finance and capital markets.
Encore Technologies founder and CEO John Burns also has a meaningful stake in Encore Talent.“Encore Talent grew organically under Encore Technologies to meet increasing customer demand for flexible IT talent solutions,” Burns said in a press release. “
With that strong foundation, we decided to spin off our talent solutions business into a separate entity that can focus on its next phase of growth while we focus on our core IT solutions business.”Vollmer said in an interview with SIA that they approached Burns with the concept of spinning out the staffing division into a new entity, allowing them to dedicate their focus on the staffing business and accelerate growth.“IT was always something we wanted to get into,” Vollmer said.
Chad Fangman, VP of talent solutions at Encore Talent, said the company is upbeat about its path forward.“We’re anticipating some good growth this year in our core customer base,” Fangman said. Encore Talent is investing in sales and recruiting talent and already has a base of relationships. The combination will help supercharge business development efforts, he said. The company is anticipating significant growth this year.
“Under John’s leadership, Encore Talent has created a robust groundwork driven by a commitment to streamlining the recruiting process and relentless attention to the client experience,” McCaw said. “Greg and I look forward to leading the company into the future.”
Terms of the transaction were not announced.