The RightThing acquired by ADP
The RightThing acquired by ADP
Automatic Data Processing (NASDAQ:ADP), a Roseland, New Jersey-based provider of human resource outsourcing, payroll services, tax and compliance services, benefits administration and integrated computing solutions for vehicle dealers, today announced that it has acquired privately held The RightThing, a leading recruitment process outsourcing (RPO) provider. The RightThing is also the parent company of AIRS, a widely recognized leader in recruitment training and technology. Terms of the agreement were not disclosed.
The RightThing acquisition not only broadens ADP's market-leading HR
Business Process Outsourcing (HR BPO) capabilities, but also complements its existing applicant tracking and talent management solutions, enabling ADP to build an even more robust end-to-end talent acquisition portfolio to help clients establish a highly effective process for managing their workforce.
"With the addition of The RightThing's industry-leading RPO services,
technology and management team, ADP will not only expand into a strategic adjacent market, but will also immediately become a principal player in the RPO industry," said Regina Lee, President of ADP's National Account Services, Major Account Services, GlobalView and ADP Canada business units.
"Expansion into complementary markets - such as RPO - will be of great benefit to our clients and is a critical element in our plan to grow our business. This acquisition underscores ADP's commitment to help our clients drive business success by helping them better manage talent, make quality hires and control costs associated with the recruitment process."
HR organizations are increasingly focused on utilizing cost effective, scalable recruiting models such as those provided by the RPO industry. The RightThing solutions and services are among the most respected in the industry. The RightThing is ranked as a top RPO provider, according to Everest Research, and has been recognized by HRO Today magazine as a leading enterprise RPO provider for the past several years.
"The RightThing, a leader in the RPO market, brings a standardized model that helps buyers realize significant efficiency in their recruitment function. ADP will be able to make great use of this inside its holistic, integrated HR BPO solution," said Rajesh Ranjan, Research Director at
Everest Group, an advisory firm on global services. "It's a good match of culture, service model and scale."
"Becoming a part of ADP is a terrific opportunity that enables us to gain access to the vast global resources needed to significantly expand our reach," said Terry Terhark, Chief Executive Officer of The RightThing. "The combination of ADP and The RightThing will create immediate and strategic benefits for both businesses in the areas of operational delivery, service breadth, and leading-edge solutions. In addition, we expect to deliver a unique value proposition to clients that are looking for proven HR outsourcing solutions."