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CHILDS Advises CSI in Sale to Japanese Firm

Atlanta, GA., July 12, 2010 - CHILDS Advisory Partners ("CHILDS") served as the financial advisor to The CSI Companies, Inc. (or "CSI") in its recent sale to Recruit, the fourth largest staffing firm in the world. Terms are not being disclosed.

About CSI Companies

CSI, based in Jacksonville, Florida, is a $70 million staffing firm that provides IT, accounting/finance and clerical staffing nationally. Founded in 1994, CSI has historically been named one of the fastest growing staffing firms in Florida and in the US. CSI Tech, a division of CSI, is a leader in consulting/staffing to major hospitals regarding the implementation of Electronic Medical Records.

Eric Stevens, CEO and founder of CSI, commented, "CHILDS was the ideal advisor for us because they literally know every strategic and financial buyer interested in our sector on a global basis. Our team is very excited about the opportunity to be the US platform for Recruit."

About Recruit

Recruit is the largest staffing firm in Japan with approximately $6 billion in sales. Recruit was seeking a high growth US platform offering professional and administrative staffing on a national basis.

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About CHILDS Advisory Partners

CHILDS Advisory Partners provides exceptional investment banking services to high‐performing business services and technology companies. Our unique combination of global sector focus, process excellence and strength of team allow us to achieve successful outcomes for our clients. Collectively, our senior bankers have executed over 450 M&A and financing transactions. CHILDS is a member of FINRA and SIPC and is a registered broker‐dealer.

For further information please contact:
P: (404) 751-3000
F: (404) 751-3001
E: info@childsap.com

CHILDS Advisory Partners
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Atlanta, Georgia 30326
www.childsadvisorypartners.com

 

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CHILDS Advisory Partners