TROY- Global staffing company Kelly Services Friday announced it has acquired The Ayers Group, a New York-based career management firm with estimated 2006
revenue of $10 million. Terms of the transaction were not disclosed.
The Ayers Group, founded in 1975, operates four offices in New York, Connecticut, and New Jersey. As part of the transaction, William Ayers, The Ayers Group’s founder and CEO, will become vice president and business unit leader. Ayers will continue to lead The Ayers Group as a division of Kelly Services, which posted 2005 revenue of $5.3 billion.
“We are delighted to join Kelly Services, a highly regarded company
with integrity along with a reputation and commitment to the highest
quality service to its customers,” Ayers said. “By combining our collective strengths and expertise, our customers will benefit from our new and enhanced service offerings as
well as our expanded global footprint.”
The Ayers Group will remain a partner firm of Career Partners International, an organization of 60 leading human resources consulting firms with 175
offices in 43 countries.
The addition of The Ayers Group to Kelly’s existing Professional,
Technical and Staffing Alternatives business segment provides a broader,
more integrated human resources solution for our clients and significantly
strengthens our service portfolio to successfully address client needs
throughout all phases of the economic cycle, said Kelly CEO Carl Camden, 51, who was named President and CEO on Feb. 27.
“The acquisition of The Ayers Group is a central component of our
strategy to provide comprehensive talent management solutions to our global
customers,” he said. “We are very excited about the completion of this acquisition, and welcome the talented management team and employees of The Ayers Group to the Kelly
organization.”
In other Kelly Services news, on May 10 the company?s board named Terence Adderley, 72, as non-executive chairman and Verne Istock, 65, as Lead Director. This action reflects the recovery in the health of Adderley, who experienced a cardiac incident February 8.
On May 16, Kelly Services was informed that Adderley had assumed voting control of approximately 3,141,940 shares of the Company’s Class B common stock, representing 91 percent of the outstanding voting shares of the Company. The shares are held by various trusts established by Adderley. Messrs. Carl T. Camden, Verne G. Istock and B. Joseph White relinquished voting control of the Class B shares; each of them had been vested with voting power as individual trustees of the Adderley trusts after Adderley suffered a cardiac incident, from which he has since recovered.
Kelly operates in 30 countries and territories. Kelly provides employment to more than 700,000 employees annually, with skills including office services, accounting, engineering, information technology, law, science, marketing, light industrial, education, health care and home care.
For more information, click on KellyServices.Com
