Acquisition Addresses Ongoing Need for Recruiting Support for Difficult-to-Find, Skilled Talent
PHILADELPHIA, Feb. 28, 2018 /PRNewswire/ -- Yoh, a leading international talent and outsourcing company and part of Day & Zimmermann, announced today the acquisition of Maxsys Solutions, LLC, a Frisco, Texas-based specialty IT recruitment firm. The transaction includes Maxsys Financial Solutions, LLC, a separate finance and accounting brand. The acquisition expands Yoh's IT specialty staffing practice area and addresses the demand from businesses of all sizes for flexible, on-demand and sustained recruiting for skilled professionals. The transaction closed on February 23, 2018; terms were not disclosed. Duff & Phelps served as the exclusive financial advisor to Maxsys Solutions on this transaction.
"Technology companies large and small continue to struggle finding highly-skilled IT, Application Development, Project Management, and Finance and Accounting professionals to meet their critical talent needs in today's fast-moving business landscape. This acquisition is a reinforcement of our commitment to providing focused recruiting solutions to our clients," said Emmett McGrath, President of Yoh. "Maxsys is a strong addition to our national IT recruiting practice and will allow us to deliver top IT talent to more of our customers."
Maxsys is one of the fastest growing IT recruiting companies in the Dallas/Fort Worth market. Over more than 10 years, they have built strong relationships between IT professionals and clients, delivering superior staffing solutions that bring each together on technical projects nationwide. Maxsys Financial Solutions was established in 2014 to provide high-level finance and accounting professionals. With a dedicated team boasting more than 52 years of experience in IT recruiting, Maxsys clients benefit from far-reaching IT experience and knowhow, and an extensive network of skilled technology specialists.
"I am pleased to join the Yoh family of companies. Yoh has a great reputation and the fit with the Maxsys team couldn't be better, especially in the vibrant Dallas area," said Charles Masoner, President of Maxsys. "Our focus is to continue expanding our local and now national IT recruiting expertise and provide more service to our clients and more opportunities to our consultants and employees. The future is very bright for Maxsys and Yoh."
Established in 1940, Yoh is the 27th-largest staffing firm in the United States according to Staffing Industry Analysts. Yoh has a reputation of maintaining long-term clients that are among some of the world's largest and leading technology and media conglomerates and Fortune 500 companies. Yoh is a subsidiary of Day & Zimmermann, a $2.5 billioncentury-old, third generation family-owned services company. Day & Zimmermann is currently ranked as one of the largest private companies in the U.S. by Forbes.
For more than 75 years, Yoh has provided the talent needed for the jobs and projects critical to our clients' success. Our Specialty Practices recruiting experts find high-impact professionals in Aerospace and Defense, Engineering, Health Care, Life Sciences, Information Technology, Interactive Entertainment and Telecommunications. For clients with workforce management needs, our Enterprise Solutions team delivers large-scale workforce solutions, including Managed Services, Recruitment Process Outsourcing, Vendor Management Systems, Independent Contractor Compliance, and Payroll Services. For more information, visit yoh.com.
ABOUT MAXSYS SOLUTIONS AND MAXSYS FINANCIAL SOLUTIONS
Maxsys Solutions was founded in 2007. We are a highly-respected provider of high-end IT skill sets, including application development, business intelligence, project management and web development. Maxsys Financial Solutions provides clients with key professionals in finance and accounting skill sets. Named as one of Inc. 500's fastest growing companies in 2011 and 2012, Maxsys has become a leader in the Dallas/Fort Worth marketplace. For more information, visit www.maxsyssolutions.com.
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