ADP Acquires The RightThing®
Acquisition Establishes ADP as a Leader in the Recruitment Process Outsourcing (RPO) Market
Oct 10, 2011, 04:05 ET
ROSELAND, N.J., Oct. 10, 2011 /PRNewswire/ -- ADP®, a leading provider of human resource outsourcing, payroll services, tax and compliance services, benefits administration and integrated computing solutions for vehicle dealers, today announced that it has acquired privately held The RightThing, a leading recruitment process outsourcing (RPO) provider. The RightThing is also the parent company of AIRS®, a widely recognized leader in recruitment training and technology. Terms of the agreement were not disclosed.
The RightThing acquisition not only broadens ADP's market-leading HR Business Process Outsourcing (HR BPO) capabilities, but also complements its existing applicant tracking and talent management solutions, enabling ADP to build an even more robust end-to-end talent acquisition portfolio to help clients establish a highly effective process for managing their workforce.
"With the addition of The RightThing's industry-leading RPO services, technology and management team, ADP will not only expand into a strategic adjacent market, but will also immediately become a principal player in the RPO industry," said Regina Lee, President of ADP's National Account Services, Major Account Services, GlobalView and ADP Canada business units. "Expansion into complementary markets – such as RPO – will be of great benefit to our clients and is a critical element in our plan to grow our business. This acquisition underscores ADP's commitment to help our clients drive business success by helping them better manage talent, make quality hires and control costs associated with the recruitment process."
HR organizations are increasingly focused on utilizing cost effective, scalable recruiting models such as those provided by the RPO industry. The RightThing solutions and services are among the most respected in the industry. The RightThing is ranked as a top RPO provider, according to Everest Research, and has been recognized by HRO Today magazine as a leading enterprise RPO provider for the past several years.
"The RightThing, a leader in the RPO market, brings a standardized model that helps buyers realize significant efficiency in their recruitment function. ADP will be able to make great use of this inside its holistic, integrated HR BPO solution," said Rajesh Ranjan, Research Director at Everest Group, an advisory firm on global services. "It's a good match of culture, service model and scale."
"Becoming a part of ADP is a terrific opportunity that enables us to gain access to the vast global resources needed to significantly expand our reach," said Terry Terhark, Chief Executive Officer of The RightThing. "The combination of ADP and The RightThing will create immediate and strategic benefits for both businesses in the areas of operational delivery, service breadth, and leading-edge solutions. In addition, we expect to deliver a unique value proposition to clients that are looking for proven HR outsourcing solutions."
Automatic Data Processing, Inc. (Nasdaq: ADP), with about $10 billion in revenues and approximately 570,000 clients, is one of the world's largest providers of business outsourcing solutions. Leveraging over 60 years of experience, ADP offers a wide range of human resource, payroll, tax and benefits administration solutions from a single source. ADP's easy-to-use solutions for employers provide superior value to companies of all types and sizes. ADP is also a leading provider of integrated computing solutions to auto, truck, motorcycle, marine, recreational vehicle, and heavy equipment dealers throughout the world. For more information about ADP or to contact a local ADP sales office, reach us at 1.800.225.5237 or visit the company's Web site at www.ADP.com.
About The RightThing
The RightThing is a premier recruitment process outsourcing (RPO) provider. Harnessing the power of unmatched proprietary technology, The RightThing continues to lead the industry with innovative, scalable solutions that help clients find, recruit, hire and retain top talent. Dedicated to recruitment leadership, technology and outsourcing, The RightThing offers recruiting solutions to small, medium and large organizations serving many of the world's leading companies. The RightThing is also parent company to AIRS, the leading provider of recruitment training. For more information, visit http://www.rightthinginc.com .
For more information, contact:
Weber Shandwick for ADP
SOURCE Automatic Data Processing, Inc.
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