SALEM, NH, Nov. 17, 2005 - KENDA Systems, Incorporated, today announced it has acquired the assets and business of the Parity Americas group of companies, including Teltech and Personnel Solutions, providers of Information Technology and technical support staff from its UK parent, Parity Group plc (PTY.L). Parity Americas had more than 200 consultants on assignment during 2005, in three new markets for KENDA including Atlanta, New York City, and Westchester County.
"Adding Parity/Teltech's business to the existing KENDA business units strengthens our presence along the East coast. Parity/Teltech has demonstrated an ability to not only survive but thrive in the challenging IT staffing space," remarked Stephen K. Kenda, CEO. "We will be able to leverage our existing national clients with a stronger East coast presence, and our goal of $100 million in revenue is one step closer to reality."
A spokesperson for Parity/Teltech commented, "Joining KENDA gives us access to the marketing, training, IT systems, and processes that will continue to fuel our growth. KENDA's range of client offerings and its philosophy toward the highly competitive information technology services arena are a great fit with us. We are excited about our future and focus with KENDA."
KENDA has offices in fifteen metropolitan markets, providing a wide range of information technology consulting and software development services, with a total staff of 500. KENDA's services include IT permanent and contract recruiting, recruitment process outsourcing (RPO), solutions, logistics, training, documentation, and general support services. Information about KENDA is available via the Internet at www.kenda.com. Terms of the transaction were not disclosed.
Source: HRmarketer.com