T. Williams Consulting, LLC Acquired by COMSYS IT Partners, Inc.
- Fairmount Partners
- Dec 19, 2007
- 2 min read
W. CONSHOHOCKEN, PA – December 19, 2007 – T. Williams Consulting, LLC (“TWC”), a leading Philadelphia-based provider of recruitment process outsourcing (RPO) and specialty HR consulting services, was acquired today by COMSYS IT Partners, Inc. (NASDAQ:CITP), a leading IT services company with 47 offices across the U.S. and offices in Canada and the U.K. Terms of the acquisition were not disclosed.
TWC is a leading provider of RPO and human resources outsourcing services that enable companies to build a competitive advantage through workforce recruitment and retention. From emerging growth firms to Fortune 500 corporations, TWC provides a single point of contact for outsourced recruitment, human resources and executive search, allowing organizations to focus on their own core business by leveraging our expertise in finding the best talent, increasing internal process efficiencies and improving overall retention and performance management. For more than a decade, TWC has been providing human capital solutions for companies in Pharmaceuticals, Chemicals, Biotech, Interactive Marketing / Marketing Services, Information Technology, Software / Services, Financial Services, HealthCare, Manufacturing, Telecommunications, and Wireless.
“TWC has developed a strong RPO business, and we are delighted that former owner Terry Williams and his team will stay with COMSYS after the closing,” commented COMSYS CEO Larry L. Enterline. “We see the RPO sector as high growth, and one of our strategic focuses has been the development of a business process outsourcing offering to complement our traditional staffing and consulting businesses. We expect TWC and our existing vendor management services offering, vWorx, to form the cornerstone for our BPO initiative, and plan to continue expanding our services offerings in that area.”
The transaction was initiated by Fairmount Partners, a specialty investment banking firm based outside Philadelphia, PA, which acted as financial advisor to T. Williams Consulting, LLC.
Principals of Fairmount Partners acted as advisors to T. Williams Consulting in this transaction.