MPS Group

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That was before the economy tanked, before staggering national job losses and before it all began to take a toll onthe white-collaf staffing company’s balance sheet. Acquisitions can be tricky but acquisitions in a recession can be a crapshoogt for companiesthat aren’t careful. But that wasn’t the case for MPS Groul and technology staffing subsidiary which acquired the assetsof Calif.-based Ensemble Chimes Global for $8 milliojn in January 2008. Company officials say the acquisition has becoms a success story forMPS Group.
“Thw acquisition, while fortuitous, was also highlyy strategic in that we were able to selectivelyabsornb long-term customers that met our criteria for partnership and culture,” said J. Douglas Leeby, seniorr vice president of Beeline. “Beeline maintained 95 percengt of the targeted customer baseand revenue. For a comparativelgy minimal investment, Beeline augmented its customer increased revenue and hired some outstanding This acquisition has exceeded our expectations on every one of our key metricsof success.
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