Manpower To Expand Services Through Acquisition
Manpower (NYSE:MAN) has entered into an agreement to acquire Los Angeles-based recruitment process outsourcing (RPO) service provider CRI. CRI will operate under the Manpower Business Solutions service line, which offers customized, large-scale recruiting and workforce-intensive initiatives for clients, including managing a company's entire recruitment process.
CRI specializes in helping emerging growth companies build talent-driven organizations through managing the identification and hiring of staff, and promoting the retaining of quality personnel.
"This acquisition of CRI is part of our strategy to strengthen our presence in the rapidly growing RPO market," Jonas Prising, president of Manpower North America, said in a statement. "Our leadership in RPO allows us to help our clients grow nationally, as well as globally, by providing them with access to an experienced network of recruitment professionals who specializes in recruiting key talent such as sales, IT, engineering and finance professionals."