Wednesday, December 19, 2007
W. CONSHOHOCKEN, PA - December 19, 2007 - T. Williams Consulting, LLC
(“TWC”), a leading Philadelphia-based provider of recruitment process
outsourcing (RPO) and specialty HR consulting services, was acquired
today by COMSYS IT Partners, Inc. (NASDAQ:CITP), a leading IT services
company with 47 offices across the U.S. and offices in Canada and the
U.K. Terms of the acquisition were not disclosed.
TWC is a leading provider of RPO and human resources outsourcing
services that enable companies to build a competitive advantage through
workforce recruitment and retention. From emerging growth firms to
Fortune 500 corporations, TWC provides a single point of contact for
outsourced recruitment, human resources and executive search, allowing
organizations to focus on their own core business by leveraging our
expertise in finding the best talent, increasing internal process
efficiencies and improving overall retention and performance management.
For more than a decade, TWC has been providing human capital solutions
for companies in Pharmaceuticals, Chemicals, Biotech, Interactive
Marketing / Marketing Services, Information Technology, Software /
Services, Financial Services, HealthCare, Manufacturing,
Telecommunications, and Wireless.
"TWC has developed a strong RPO business, and we are delighted that
former owner Terry Williams and his team will stay with COMSYS after the
closing," commented COMSYS CEO Larry L. Enterline. "We see the RPO
sector as high growth, and one of our strategic focuses has been the
development of a business process outsourcing offering to complement our
traditional staffing and consulting businesses. We expect TWC and our
existing vendor management services offering, vWorx, to form the
cornerstone for our BPO initiative, and plan to continue expanding our
services offerings in that area."
The transaction was initiated by Fairmount Partners, a specialty
investment banking firm based outside Philadelphia, PA, which acted as
financial advisor to T. Williams Consulting, LLC.