TrueBlue, Inc. announced today that it has completed its previously announced acquisition of Seaton Corp., including its PeopleScout, Staff Management | SMX, HRX and StudentScout service lines.
“We are pleased to have these respected and industry-leading brands join TrueBlue along with their talented employees,” TrueBlue CEO Steve Cooper said. “We can now offer a broader range of specialized solutions to help clients better manage their workforce.”
Cooper said TrueBlue will expand many of the centralized practices used by PeopleScout and Staff Management | SMX to support the company’s strategy to deliver its staffing services through a smaller branch footprint.
“Our acquisition strategy has always been about building new competencies,” he said. “The addition of Staff Management | SMX allows us to address the complex needs of customers with large, industrial workforces. Similarly, just as we’ve helped customers increase the productivity of their workforces through access to specialized staffing services, the addition of PeopleScout means customers can now rely on TrueBlue to do the same for recruiting their full-time workforce.”
The acquisition makes TrueBlue the largest industrial staffing provider in the U.S., bringing 2013 pro forma revenue to $2.3 billion.
About TrueBlue:
TrueBlue (NYSE: TBI) 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. Repeatedly recognized as one of Forbes Magazine’s “Most Trustworthy Companies” for its accounting and governance practices, TrueBlue connects approximately 375,000 people to work annually across the U.S., Canada and Puerto Rico. Learn more about TrueBlue at www.trueblue.com.
Forward-looking Statements
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