System One Enters Legal Staffing Market via Acquisition of Compliance Division
System One Enters Legal Staffing Market via Acquisition of Compliance Division from Randstad Professionals
System One, the leader in technical outsourcing solutions, today announced the acquisition of Randstad Professionals' Compliance division, a premiere national legal staffing and managed review business. Compliance will operate as a division of System One Holdings, LLC.
The acquisition provides national entree for System One into the legal staffing and solutions market, anchored by Compliance's turnkey document review for litigation matters, internal investigations and regulatory inquiries. The integration of the two businesses creates a comprehensive and multi-disciplinary suite of contingent workforce management solutions, all offered from a single source.
"Joining forces represents an amazing opportunity to deliver a higher standard of quality to the legal marketplace," according to Troy Gregory, CEO of System One. "The synergy between the System One and Compliance business models is remarkable. We are both fully aligned under a common vision of advancing our clients' efficiency, flexibility and profitability through the exceptional delivery of managed services."
Compliance previously operated as a division of Randstad Professionals US, LP, a wholly owned subsidiary of Randstad Holding nv. "This decision was made with the best interests of all parties in mind," said Daniel Foley, President, Randstad US, Professionals. We are confident in the success of this venture and wish our former colleagues the best of luck."
Julian Brown will continue to serve in the executive leadership role as President of Compliance. "Together, we will raise the bar for legal services. System One's investment to expand Compliance's infrastructure and reach will create a high-impact, high-growth organization committed to professionalism, quality and integrity," said Brown.
Gregory possesses an extensive track record in the legal services market, having previously served as Executive Vice President for Hudson Legal and CEO of Gregory & Gregory and Attorneys on Assignment, two affiliated firms providing recruiting services to the legal community. System One delivers large-scale contingent workforce management solutions from more than 25 offices and onsite client arrangements, including four Compliance locations. System One is privately held and terms of the acquisition were not disclosed. Randstad was represented by Acquest International L.P. in the transaction.