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Quick Takes: July 10, 2007
  

Spherion Returns to Recruiting Roots


The company is selling off its $12 million HR consulting arm to a relocation specialist.
By Garry Kranz
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Recruiting: Spherion Corp. is getting out of the HR consulting business. The Fort Lauderdale, Florida-based company has sold its outplacement services arm, which accounted for about $12 million in revenue in 2006, to Impact Group of St. Louis. Impact specializes in relocation and career transition services. The transaction enables Spherion, which had provided HR consulting services to about 300 global organizations, to focus on growing its core business of staffing and recruitment, the company said in a statement. Terms were not disclosed.

In two other deals, Staffing Now in Des Moines, Iowa, is acquiring Q&A Recruiting of Dallas for an undisclosed sum, while Barrett Business Services Inc. in Vancouver, Washington, has completed its acquisition of Salt Lake City-based Strategic Staffing Inc. for $12 million in cash and “potential additional consideration” tied to financial performance.


Workforce Management contributing editor Garry Kranz is based in Richmond, Virginia. E-mail editors@workforce.com to comment.


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