De Bellas & Co., the #1 Staffing Industry M&A investment banking firm for over 20 years, reported today that 34 staffing, IT Services and HRO related M&A transactions were announced in Q4 compared with 26 in Q3. There were 141 transactions for the full year 2007, versus 122 in 2006. Highlights for Q4, full year 2007 and the De Bellas & Co. outlook for 2008 follow:
Alfred De Bellas, President, stated that “Despite recent negative economic developments, and generous media coverage thereof, buyers of staffing companies remain active. We presently represent 12 professional staffing companies for sale. We are in active discussions with a large number of buyers in connection with those assignments. We have seen little or no evidence of a reduction in interest by buyers based on general economic news.” He added that “Thus far in 2008, we have seen higher levels of activity than at the beginning of 2007”.
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Wed, July 19, 2017