DALLAS, Sept. 28, 2017 /PRNewswire/ -- Capital Alliance Corp. advised on the sale of Smart Resources Inc. (SRI) based in Chicago to BG Staffing Inc. (NYSE American: BGSF), headquartered in Plano, Texas.
Capital Alliance Corp., a Dallas-based a mid-market investment bank that specializes in merger-and-acquisition transactions, represented SRI in the sale and was instrumental in bringing the two organizations together. Neal England, Capital Alliance managing director and Human Capital Management practice leader, sourced and directed the acquisition.
SRI has a 23-year history of serving the Chicago market with exemplary temporary and direct hire services in the administrative, finance and accounting staffing sectors, consistently receiving "Best of Staffing" awards for nine consecutive years.
"SRI and BG Staffing share similar high-quality service values," said Timothy Flood, founder and president of SRI. "With BG Staffing's resources, our unique team of talented professionals at SRI should realize improved career growth and achievement opportunities as they further expand throughout the Chicago marketplace."
L. Allen Baker Jr., president and CEO of BG Staffing, said "The completion of the Smart Resources acquisition builds on our strategic plan to increase our professional staffing services and expand our finance and accounting offerings into the Chicago metro region."
About BG Staffing Inc.
Headquartered in Plano, Texas, BG Staffing provides staffing services to a variety of industries through its various divisions. BG Staffing is primarily a professional temporary staffing platform that has integrated several regional and national brands and is set to achieve scalable growth. The company was ranked as the 60th largest U.S. staffing company in 2017 and was named the 71st fastest-growing staffing company in the country in 2016 by Staffing Industry Analysts. Its acquisition philosophy is one that not only brings financial growth, but retention of unique and dedicated talent within the companies. This has resulted in a strong management team, with tenure and a desire to offer exceptional service to candidates, customers and investors. For more information on the company and its services, please visit its website at www.bgstaffing.com.
About Smart Resources Inc.
Headquartered in Chicago, Smart Resources Inc. (SRI) is a well-known and respected high-end boutique staffing and recruiting firm with a 23-year history of providing exemplary staffing and recruiting services throughout Chicago. SRI has earned "Best of Staffing" awards for many consecutive years and has built a sterling reputation by serving its market with exceptional temporary,contract and direct hire staffing services specializing in administrative, accounting and finance professionals.
About Capital Alliance Corp.
Capital Alliance Corp. is a global mid-market investment banking firm, providing consulting services for mergers and acquisitions. The company represents client companies in a variety of markets, including human capital management, energy, technology, construction and engineering, manufacturing and business services. Since its founding in 1976, the privately held firm has completed more than 200 transactions with an aggregate transaction value exceeding $3 billion. For three decades, Capital Alliance has been a member of Oaklins, formerly M&A International, a membership organization of investment banking firms operating in the major economies of the world.
Capital Alliance Corporation
2777 N. Stemmons Freeway, Suite 1220
Dallas, TX 75207
SOURCE Capital Alliance Corp.