Deal Details
Sale of its Recruitment Process Outsourcing business to PeopleScout, Inc.
Summary
Baird served as the exclusive financial advisor to Aon plc on this transaction.
About
Aon Hewitt, the global talent, retirement and health solutions business of Aon plc (“Aon”) (NYSE: AON), recently completed the sale of its Recruitment Process Outsourcing business to PeopleScout, Inc. (“PeopleScout”), a wholly owned subsidiary of TrueBlue, Inc. (“TrueBlue”) (NYSE: TBI).Aon Hewitt’s RPO business is one of the industry’s largest recruitment process outsourcing providers, hiring 120,000 positions for clients per year. It offers comprehensive solutions from fully customized end-to-end RPO programs to tailored point solutions for a wide variety of industries.
Aon is a leading global provider of risk management, insurance brokerage and reinsurance brokerage, and human resources solutions and outsourcing services. Through its more than 69,000 colleagues worldwide, Aon empowers results for clients in over 120 countries via innovative risk and people solutions. Aon is headquartered in London, the United Kingdom.
PeopleScout is a global leader in recruitment process outsourcing solutions, recruiting tens of thousands of hires per year across 69 different countries. It has been ranked within HRO Today’s Baker’s Dozen for ten years running. PeopleScout is headquartered in Chicago, Illinois.
TrueBlue is a leading provider of specialized workforce solutions including staffing, workforce management and recruitment process outsourcing. TrueBlue is headquartered in Tacoma, Washington.
For additional information about this transaction, please contact:
- Date
- January 2016
- Company
- Aon Hewitt
- Transaction
- M&A
- Sectors
- Technology & Services
- Target Geography
- North America
- Acquiror Geography
- North America
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