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McGrath Systems acquires staffing division

McGrath Systems, based in Pennsylvania, has acquired a Pennsylvania-based staffing and recruiting firm, which makes approximately USD 3.5m in revenue.


The acquisition focused on the firm’s contract-staffing division and is aligned with McGrath’s strategy to expand the company’s core verticals, along with doubling its size within the next two years.

 

President/CEO of McGrath, Mike Wiley, stated, “This acquisition is another step toward our goal for 2017.

“Our plan for the acquisition is to increase the revenue by USD 1m from [this] book and further, increase the current margin by 3 to 5%.

 

“Our ability to leverage economies of scale should help drive these increases.”

 

 

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