DALLAS, Sept. 24, 2019 – PeopleShare, LLC (PeopleShare), a Pennsylvania-based company that provides temporary staffing and outsourced HR services on the East Coast, acquired Best Practices Staffing of the Greater Chicago area.
Dallas-based middle-market investment firm Capital Alliance Corp. (CAC) represented Best Practices Staffing in the transaction, which brings PeopleShare to a total of 30 locations. The deal closed Sept. 3. Terms were not disclosed.
Founded in 2008, Best Practices Staffing, now operating as Best Practices Staffing, a PeopleShare company, has four offices in the Chicago area: Burbank, Bolingbrook, Crest Hill and Frankfort. Founder Betty Myers will remain and continue to run the offices acquired by PeopleShare. The company operates in verticals similar to PeopleShare, including light industrial, clerical, and professional staffing services.
David Donald, co-founder of PeopleShare said he was pleased with how the deal came together.
“We appreciate Capital Alliance bringing Best Practices to our attention and Neal’s staffing and M&A experience helping us conclude this successful transaction,” Donald said.
“With four offices in the Chicago area, this partnership helps us expand into the Midwest with our unique blend of staffing services. Best Practices has amazing people and customers that will help us expand our presence across the U.S.,” he said.
Betty Myers, founder of Best Practices Staffing said, “Neal’s background in the staffing industry and integrity throughout the process gave me peace-of-mind and confidence in what was transpiring.”
Neal England, managing director and HRM practice leader at Capital Alliance, said the companies were well-aligned — something not seen very often.
“There is a solid cultural fit and shared common vision of providing an extremely high level of customer service between Best Practices Staffing and PeopleShare,” he said.
This marks the second acquisition for PeopleShare this year; it acquired Virginia-based Reliance Staffing in April.
About Capital Alliance Corp. (www.cadallas.com)
Capital Alliance Corp. is a global mid-market investment banking firm, providing consulting services for mergers and acquisitions. The company represents client companies in a variety of markets, including human resource management, energy, technology, healthcare, construction & engineering, and manufacturing. Since its founding in 1976, the privately held firm has completed more than 230 transactions with an aggregate transaction value in excess of $3 billion. For three decades, Capital Alliance has been a member of Oaklins, formerly M&A International, a membership organization of investment banking firms operating in the major economies of the world.
Capital Alliance Media Contact
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