Kelly Services Strikes $425 Million Deal to Acquire Motion Recruitment

In a strategic move to expand its specialty talent solutions, Kelly Services, Inc. (KELYA) has entered into a definitive agreement to acquire Motion Recruitment Partners (MRP) from private investment firm Littlejohn & Co. The 5 million cash transaction, subject to regulatory approvals, is expected to close by the end of June.

Read the official Kelly press release on the GlobeNewswire.

This acquisition aims to strengthen Kelly Services’ position as a top provider of tech talent solutions in the US while enhancing its revenue growth potential and accelerating EBITDA margin expansion. MRP’s technology staffing and consulting business, Sevenstep, Motion Telco, and TG Federal will all become part of the Kelly family, bringing their expertise and client bases to further elevate KellyOCG’s RPO segment and build upon its success in the government space.

With no planned changes in leadership and brands continuing to operate under their current names, the acquisition of MRP is set to create new opportunities for both companies while maintaining the strengths that have made them successful thus far.