Transaction handled by Cornerstone Business Services, Inc.
(Green Bay, WI) – Cornerstone Business Services, Inc. is pleased to announce that Locate Staffing Inc. has acquired Great Lakes Staffing Inc.
Locate Staffing is a full service industrial staffing firm located in Sheboygan, Wisconsin.
Great Lakes Staffing has provided temporary, temp to hire, payroll services and direct placement services for Northeast Wisconsin businesses from offices in Green Bay, Manitowoc, Sheboygan and Sturgeon Bay.
With the acquisition, Great Lakes Staffing will be able to expand its market presence in the region and provide additional service offerings to the combined client base.
“This allows us to strengthen these locations by providing additional services such as on site staffing, on demand and direct personnel leasing” said Janelle Koren, president of Locate Staffing. “The synergies between the two organizations were strong and made a great deal of sense when you combine market share with additional services to those new markets.”
Jason Muenster of Cornerstone Business Services acted as advisor to Locate Staffing by sourcing, evaluating options and assisting in negotiations.
Cornerstone Business Services, Inc. is a full service mergers and acquisitions firm selling businesses with values greater than $1 million in the manufacturing, service, distribution and petroleum industries. Cornerstone’s corporate office is located in Green Bay, WI, and serves clients throughout the Midwest. For more information, visit http://www.cornerstone-business.com.
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