Maximizing Shareholder Value Since 1983

Q1 2009

De Bellas & Co., the #1 Staffing Industry M&A investment banking firm for over two decades, reported today that sixteen Staffing related M&A transactions were announced in Q1 of 2009. This represents an increase in comparison with nine announced in Q4 of 2008 but not as favorable in a year over year comparison with 26 in Q1 of 2008. Commercial and Healthcare made up the substantial majority of the activity in this period, making up 63% of the overall activity.

Royal J. Brown, Vice President, commented that, “While the number of transactions has not returned to 2008 levels, we anticipate more activity as buyers’ and sellers’ expectations converge. We are seeing this occurring in current transactions in which we are acting as advisors.”

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