Presently, acquisition activity and buyer interest in the Staffing/Human Capital Management (“HCM”) industry is quite high among both strategic and financial buyers. They are well aware that recent legislation is making it increasingly difficult and expensive to hire full time workers and that, as a result, the trend toward hiring temporary and contract workers is accelerating.
Our discussions with these buyers indicate a broader and deeper desire to make acquisitions than we have seen in recent years. These discussions also revealed to us an awareness on their part that technology is changing the way staffing will work in the future. This is beginning to be reflected in their acquisition criteria and objectives.
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Wed, August 2, 2017