Kelly, the global specialty staffing firm announced on June 3 that it had completed the purchase of Motion Recruitment Partners.
Motion Recruitment Partners was until today owned by Littlejohn & Company, a private investment firm based in Greenwich.
“Today marks a transformational step forward on our journey to sharpen Kelly’s focus on higher-margin, higher-growth specialty outcome-based and staffing services in North America, and global RPO and MSP solutions,” said Peter Quigley, president and chief executive officer, Kelly. “I’m excited to welcome MRP to the Kelly team and look forward to the significant growth and value creation we will deliver together.”
LittleJohn sold Motion Recruitment Partners for $425 million, with potential cash considerations of up to $60 million if certain conditions are met during an earn-out period.
Motion Recruitment Partners was founded in 1989 and headquartered in Boston, Massachusetts. Many of its subsidies are focused specifically on recruiting and consulting in the Information Technology space.
