RCA Research Signs Acquisition Agreement with COMSYS (NASDAQ: CITP)
August 17 2009 - 11:26AM
Business Wire
RCA Research, Inc. today announced that it has signed an Asset
Purchase Agreement with COMSYS IT Partners, Inc. (NASDAQ: CITP) to
join the worldwide family of COMSYS companies. The terms of the
cash transaction were not disclosed, however, RCA Research’s full
platform of services offerings will merge effective August 17,
2009.
RCA Research is a global consulting firm, specialized in
providing project-based Engineering, Environmental, Green
Technology, and FDA Compliance Managed Services to its current base
of Fortune 100 clients. This transaction is coming on the heels of
RCA Research’s most recent acquisition of complimentary engineering
assets from The Judge Group in July 2009. Both of RCA Research’s
senior executives, Daniel Rhodes and Michael Ruchman, will join the
COMSYS organization to assist in leading the company’s development
of a best-in-class engineering division.
Commenting on the transaction, Daniel Rhodes, RCA Research’s
Senior Vice President, stated, “Given RCA Research’s previously
announced strategic plan to combine our engineering practice with
an industry-leading services firm, the COMSYS acquisition provided
the obvious choice for us to develop the most scalable project
solutions available for their clients.” Michael Ruchman, Senior
Vice President, also added “As a 30-year veteran of the engineering
industry myself, the commitment COMSYS has shown to building this
division is truly unsurpassed.”
ABOUT RCA RESEARCH
RCA Research is a leading provider of managed and professional
services to clients within the life sciences, energy, engineering,
and green technology sectors. With a worldwide reach and a retained
talent pool of thousands of senior consultants, RCA Research is
consistently called upon to provide a range of services - from
full-service project management of capital projects to staff
augmentation.
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