Manpower Expands Staffing Services With Acquisition of COMSYS
COMSYS’ professional IT staffing services will be integrated into the Manpower’s Professional offering following the acquisition announcement yesterday. Combined with Elan, Manpower’s European IT staffing business, the merger creates an entity with total revenues of more than $2.5 billion. The addition of COMSYS increases Manpower’s geographic footprint to more than 400 offices worldwide, and total professional consultants on assignment to over 25,000.
"The acquisition of COMSYS is consistent with our strategy and strengthens the continued expansion of our professional staffing services and outcome-based solutions," said Jeff Joerres, Manpower Inc. Chairman and CEO. "Both are areas where we have significantly grown organically over the past few years, driven by our strategy to provide clients with all the talent they need, particularly in the high demand skill verticals of IT, engineering, finance and accounting."
COMSYS is a leading provider of professional IT staffing services, MSP and RPO offerings. Manpower will also integrate COMSYS’ MSP and RPO offerings into its world-leading Manpower Business Solutions to strengthen the company’s global, industry-leading offering to deliver clients with full employment life cycle and outcome-based solutions.
As companies continue to experience tremendous pressure to do more with less in achieving their business strategy, the same will hold true for their talent strategy, and the future talent that they seek to bring on. Over the next decade, talent will emerge as a company’s competitive differentiator. In tomorrow’s economy, the decline of the working age population will only increase the competition for qualified candidates. At the same time, individuals will exercise more choice in their job search, forcing businesses to find innovative ways to attract and retain key people.
"Manpower and COMSYS have very similar cultures, focused on a client-first and consultant-first mindset and values," said Jonas Prising, Manpower Inc. President of the Americas. "Joining our trusted brands and services, combined with our ability to deliver a unique experience to clients and candidates, will address the market’s needs from both a scale and capabilities perspective. The strong alignment of our services and cultures positions us well for a rapid and successful integration."
Hear more from Jonas Prising about this acquisition here.