October 03, 2023
S.i. Methods ULC, an IT staffing agency that ranks among the many largest in Canada, introduced its first US acquisition as we speak. The corporate acquired Elign Consulting, a Minneapolis-based agency specializing in expertise staffing, recruitment course of outsourcing and workforce options.
“As our first acquisition within the US, this represents an essential milestone in our long-term imaginative and prescient to be the preeminent staffing options supplier in North America,” S.i. Methods CEO mentioned Derek Bullen mentioned in a press launch.
It is going to additionally allow the businesses to offer IT expertise options to extra clients, Bullen mentioned.
Elign will keep its headquarters in Minneapolis; founder and CEO Linh Cravens will proceed to steer the enterprise as a part of S.i. Methods. Cravens based Elign in 2017 with Jim Newman.
“Elign and S.i. Methods share a people-first tradition and a deal with constructing a group of probably the most proficient and deeply skilled professionals throughout verticals,” Cravens mentioned in a press launch.
This acquisition follows S.i. Methods’ announcement final November that non-public fairness corporations Cornell Capital LLC and TorQuest Companions took a stake within the agency.
“As S.i. Methods continues to boost its status and management in a extremely aggressive market, the addition of Elign will deepen its differentiated choices and unlock added worth for patrons within the US and Canada,” Charles Buaron, managing director at Cornell Capital, and Andrew Kolupanowicz, companion at TorQuest, mentioned in a joint assertion.
Phrases of the transaction weren’t introduced.
