logo
logo

TrueBlue acquires Healthcare Staffing Professionals to enter healthcare staffing market

Feb 04, 2025•5 months ago

Acquiring Company

TrueBlue

Acquired Company

Healthcare Staffing Professionals

TacomaLos AngelesHealth Care

Description

TrueBlue, the fifth-largest US industrial staffing firm, has acquired Healthcare Staffing Professionals to enter the healthcare staffing market. This acquisition enables TrueBlue to realize significant expansion and revenue opportunities, diversify its business, and leverage HSP’s expertise in serving state and local government entities.

Company Information

Company

TrueBlue

Location

Tacoma, Washington, United States

About

TrueBlue (NYSE: TBI) is a leading provider of specialized workforce solutions that help clients achieve business growth and improve productivity. In 2022, TrueBlue served 84,000 clients and connected approximately 611,000 people to work. Its PeopleReady segment offers on-demand, industrial staffing; PeopleManagement offers contingent, on-site industrial staffing and commercial driver services; and PeopleScout offers recruitment process outsourcing (RPO) and managed service provider (MSP) solutions to a wide variety of industries. Learn more at www.trueblue.com. SOURCE TrueBlue

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Related People

Taryn hidden

hidden

Kristy hidden

hidden

Rick hidden

hidden