April 15, 2013 – Generational Equity, a mergers and acquisitions advisor for privately-held, middle-market businesses, has announced the acquisition of its client, Temploy, Inc., headquartered in Tustin, California, by Corporate Resource Services, Inc. Terms of the transaction were not disclosed. Temploy has been supplying qualified, temporary and full time employees to hundreds of businesses throughout southern California since 1979. “The Temploy acquisition is a welcome addition to the CRS family of companies and we are excited to integrate Temploy into our existing business in Southern California,” said Mark Levine, COO of Corporate Resource Services. “Temploy will help us increase our margins in the State of California as it has a book of business at higher profitability levels than our traditional business. We will leverage Temploy’s best practices throughout the region and focus on delivering higher margin business to CRS and greater value to our shareholders.” Corporate Resource Services is a diversified staffing, recruiting, and consulting services firm providing managed services and trained employees in the areas of insurance, information technology, accounting, legal, engineering, science, healthcare, life sciences, creative services, hospitality, retail, general business and light industrial work.
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