De Bellas & Co., the #1 Staffing Industry M&A investment banking firm for over two decades, reported today that 25 Staffing related M&A transactions were announced in Q3 of 2008. This compares with 27 announced in Q2 of 2008 and 24 in Q3 of 2007. Total transactions in IT Services, Healthcare and Finance/Accounting continued to dominate activity with almost 80% of the transactions being in these sectors.
Alfred F. De Bellas, Jr., President, commented that, “Activity in Q3 remained essentially unchanged from Q2 despite a barrage of negative news. The negative events have accelerated in Q4 to levels which were unthinkable 12, 9, 6 or 3 months ago. Despite these developments, with some exceptions, the buyer community remains interested and active.”
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Wed, July 26, 2017