McGrath will continue to look at strategic win-win opportunities that present growth in niche industries with a keen focus on margin contribution.
BLUE BELL, Pa. (PRWEB) October 24, 2017
On Monday September 18, McGrath Systems, a talent solutions firm based in Blue Bell, PA, had successfully completed its acquisition with a national Search Firm called Mitchell Actuarial Recruiting, LLC.
The acquisition will complement McGrath Systems’ current service offerings by adding a niche segment of Retained & Contingent Search where both companies can benefit greatly. The acquisition is aligned with McGrath’s strategy to expand the company’s core service offerings and meet a growing demand for high-level professional consultants. It also presents significant opportunities to expand an already robust Search Team McGrath has built stated McGrath’s President and CEO, Mike Wiley.
“Our plan for the acquisition is to leverage the economies of scale and further penetrate Mitchell’s clients with Consulting and Search services which will generate a high margin reoccurring revenue model quickly”, Wiley stated. “This acquisition dovetails nicely into a previous acquisition in the Accounting & Finance space twenty-four months ago”.
“We expect to blend our service offerings and enable Mitchell’s clients to leverage difficult to find senior consultants and McGrath to present a niche Search proficiency to our existing customer bases” stated Ken Mitchell of Mitchell Actuarial Recruiting.
This team will continue to focus on Health & Welfare Consultants, Actuarial Positions, Executive Compensation Consultants, Senior Communications Professionals as well as Retirement and Healthcare Plan Consultants. The acquisition will help add several large Fortune 500 customers with a multitude of varying needs across all disciplines on a national level.
Wiley stated that “McGrath will continue to look at strategic win-win opportunities that present growth in niche industries with a keen focus on margin contribution”. With the current candidate driven market, staffing & recruiting companies find it challenging to manage the increasing costs to source, screen and identify great talent. McGrath has created a highly attractive platform to leverage its bandwidth while increasing the overall service offerings to customers throughout the US and beyond.
About McGrath Systems
McGrath Systems is a leading blended workforce solutions company headquartered outside of Philadelphia, PA, committed to matching qualified professionals with top companies nationwide. Founded in 2005 and built on a deep understanding of client needs, McGrath Systems offers a multitude of blended talent solutions to better service our customers and provide the best experience possible. Such services include: Contract, temporary, direct source hiring, RPO, project recruiting, on premise recruiting, as well as Retained and Contingent search.
Areas of focus include Professional, Engineering, Information Technology, Skilled Trades, Light Industrial, and Administrative services. Learn more at http://www.mcgrathsystems.com