Cornerstone Staffing Solutions, Inc. Announces the Acquisition of Chicago-based Arlington Resources, Inc.
PLEASANTON, Calif. and CHICAGO (PRWEB) January 20, 2018 -- Cornerstone Staffing Solutions has finalized the purchase of Illinois-based Arlington Resources, Inc. (“Arlington”). Arlington Resources will continue to operate under its current brand name and will become a division of Cornerstone Staffing Solutions. De Bellas & Co. acted as the exclusive financial advisor to Arlington in the transaction. Transaction details were not disclosed.
Arlington is headquartered in Rolling Meadows, Illinois with staff also working in Chicago. The company provides Human Resources (HR), and Finance and Accounting professionals to customers ranging from small businesses to Fortune 500 companies seeking temporary, temporary-to-hire, and direct hire services. Cornerstone Staffing Solutions, Inc. now has offices in California, Nevada, Michigan, Pennsylvania, New Jersey, Maryland, Texas, and Illinois.
“Arlington has a high-touch approach with personalized attention and service. Patricia Casey, the owner, has developed a well-managed company with a stellar reputation for developing loyal customers,” said Cornerstone president and CEO Steven Drexel. “Patricia was a great partner throughout the process. I am pleased to announce she will join the Cornerstone executive team as President of the Arlington Resources Division of Cornerstone.”
“When choosing a company to purchase a business that you’ve carefully grown, it was important that Cornerstone’s core competencies matched well with Arlington’s business philosophy,” commented Patricia Casey, owner of Arlington Resources. “I appreciate De Bellas & Co.’s expertise in identifying the right partner for Arlington. We are grateful Steve Drexel valued my employees’ contributions and relationships they’ve established, and it was important to him that he kept our team together. We are all very excited for the additional resources and services we can propose to our clients.”
About Cornerstone Staffing Solutions
Cornerstone Staffing Solutions ranks among the largest staffing firms in America and received Inavero’s Best of Staffing® Client Award in 2016 and 2017. Since 2003, Cornerstone has grown from a neighborhood staffing provider to a national firm that employs thousands of people at hundreds of companies from coast to coast. The Company provides candidate searching and job placement for administrative, industrial, technical, sales and transportation positions.
About Arlington Resources
Arlington Resources was founded in 1997 by Patricia Casey. The company offers a "boutique style" approach to recruiting, talent selection and staffing of Human Resources, and Accounting and Finance Professionals (through Casey Accounting & Finance Resources) to the greater Chicago area. As a nationally accredited, best in class recruitment firm, their staff is well networked in the HR community, tenured and industry certified. The company has been awarded Inavero’s Best of Staffing acknowledgement for Client Satisfaction in 2014, 2015, 2016 and 2017, as well as Best of Staffing – Talent Satisfaction for 2016 and 2017. Arlington has been listed on the Inc. 5000 list five times.
About De Bellas & Co. Investment Banking
De Bellas & Co. is the leading investment banking firm focused on providing merger & acquisition and other financial advisory services exclusively to the Staffing and Workforce Solutions industry. Since 1983, De Bellas has completed over 225 M&A transactions in this space.
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Brian Hatfield, Cornerstone Staffing, http://www.cornerstone-staffing.com, +1 925.399.4711, [email protected]
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