De Bellas & Co., a leading specialty investment banking firm serving the Staffing, IT Services and HR Outsourcing (“HRO”) industry, reported today that 66 staffing related M&A transactions were announced in 2011. This represents a year over year decline of 38% in activity from 2010 with 91 reported transactions and 66 reported transactions in 2011.

2011 was the year of consolidation among large strategic firms both private and public. These firms found it attractive to acquire large firms to increase their critical mass. The commercial, healthcare and information technology sectors shared an even playing field in terms of overall number of executed transactions.

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