MPS Group acquired by Adecco for $1.3 billion
Clients MPS Group, Inc.
Jones Day advised MPS Group, Inc., a professional staffing company, in its $1.3 billion acquisition by Zurich, Switzerland-based Adecco Group, a provider of human resource solutions. Headquartered in Jacksonville, Florida, MPS Group provides professional staffing services in North America and in the UK.
The acquisition was structured as a cash merger. In addition to M&A representation, Jones Day provided U.S. and European antitrust and competition law advice to MPS regarding the transaction, which will involve merger notification filings in a number of jurisdictions.