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Kelly to Acquire Motion Recruitment Partners, LLC for $425 Million

PUBLIC · KELYAMay 03, 2024

Acquiring Company

Kelly

Acquired Company

Motion Recruitment Partners

TroyBostonInformation TechnologyConsultingConsulting

Description

Kelly, a global specialty talent solutions provider, has entered into a definitive agreement to acquire Motion Recruitment Partners, LLC (MRP) for $425 million in cash, with additional earnout potential of up to $60 million. The acquisition aims to strengthen Kelly’s scale and capabilities in staffing and consulting solutions across technology, telecommunications, and government specialties in North America, and recruitment process outsourcing (RPO) solutions globally, demonstrating the company’s commitment to strategic investments in higher-margin, higher-growth specialties.

Quick answer

Kelly is acquiring Motion Recruitment Partners for $425 million, announced May 3, 2024. Kelly is based in Troy, Michigan, United States.

How much did Kelly pay for Motion Recruitment Partners?
The reported deal value is $425 million.
What does Kelly do?
Kelly is a leading global specialty talent solutions provider, offering staffing and consulting solutions across technology, telecommunications, and government specialties in North America, and recruitment process..
Where are Kelly and Motion Recruitment Partners based?
Kelly is based in Troy, Michigan, United States. Motion Recruitment Partners is based in Boston, Massachusetts, United States.
Who are the decision-makers at Kelly?
Fundz holds 1 contact at Kelly. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Kelly

Location

Troy, Michigan, United States

About

Kelly is a leading global specialty talent solutions provider, offering staffing and consulting solutions across technology, telecommunications, and government specialties in North America, and recruitment process outsourcing (RPO) solutions globally. It is listed on Nasdaq under the ticker symbols KELYA and KELYB.

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Frequently asked

Who acquired Motion Recruitment Partners?

Motion Recruitment Partners was acquired by Kelly, based in Troy. The deal was reported on May 3, 2024. Kelly is publicly traded (KELYA) and operates in Information Technology.

When did Kelly acquire Motion Recruitment Partners?

Kelly's acquisition of Motion Recruitment Partners was reported on May 3, 2024. Kelly, a global specialty talent solutions provider, has entered into a definitive agreement to acquire Motion Recruitment Partners, LLC (MRP) for $425 million in cash, with additional earnout potential of up to $60 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Motion Recruitment Partners do?

Motion Recruitment Partners, LLC is a highly specialized technology talent solutions provider, with expertise in enterprise technology staffing, robust telecommunications, and government specialties. It is privately held, operating in Consulting, and is based in Boston.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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