Kelly Services Acquires Motion Recruitment Partners, LLC from Littlejohn & Co.

May 3, 2024

Kelly Services (Nasdaq: KELYA, KELYB) has completed the acquisition of Motion Recruitment Partners, LLC (MRP) from private equity firm Littlejohn & Co. for $425 million in cash plus up to $60 million of potential earnout. The deal expands Kelly's technology staffing, RPO/MSP, telecommunications, and government IT capabilities and is expected to accelerate revenue growth and EBITDA margin expansion.

Buyers
Kelly Services, Inc.
Targets
Motion Recruitment Partners, LLC
Sellers
Littlejohn & Co., LLC
Industry
Staffing & HR
Location
Massachusetts, United States
Transaction Type
Buyout

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