acquisition of SeatonCorp.
Baird served as the exclusive financial advisor to TrueBlue, Inc. on this transaction
AboutTrueBlue, Inc. (“TrueBlue”) (NYSE:TBI) recently completed the acquisition of SeatonCorp (“Seaton”), a portfolio company of Leeds Equity Partners, for $310 million.
Seaton is a leading outsourcing and recruiting company that operates under the Staff Management, PeopleScout, HRX and StudentScout service lines. PeopleScout and Australia-based HRX specialize in recruitment process outsourcing, providing large-scale recruitment of full-time employees for clients. Staff Management is an outsourced workforce management provider that recruits and manages contingent employees on site at clients’ facilities. StudentScout provides outsourcing services supporting the admissions process of colleges and universities. The firm was founded in 1988 and is based in Chicago, Illinois.
TrueBlue is a leading staffing provider that helps over 130,000 businesses be more productive through easy access to dependable temporary labor. TrueBlue provides specialized staffing solutions and onsite workforce management to industries that include construction, manufacturing, transportation, aviation, waste, hospitality, retail, renewable energy and more. TrueBlue is headquartered in Tacoma, Washington with 3,200 employees.
For additional information about this transaction, please contact:
- June 2014
- TrueBlue, Inc.
- Technology & Services
- Target Location
- North America
- Acquiror Location
- North America
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