Recruit forms joint venture with Mitsui to acquire CSI Companies

Clients Recruit Co., Ltd.

Jones Day advised Recruit Co., Ltd. in its joint venture with Mitsui & Co. Ltd. to acquire CSI Companies. Recruit, a privately held company based in Tokyo, Japan, is the largest provider of temporary staffing services in Japan. Mitsui, a Tokyo stock exchange company and one of the largest corporate conglomerates in the world, is involved in the handling of products and provision of services in a broad range of sectors. Recruit and Mitsui entered into a joint venture to acquire CSI Companies. CSI Companies is in the business of providing information technology consulting services; information technology, accounting and finance, clerical, healthcare and administrative staffing and permanent placement services; and software implementation services, including with respect to the implementation of various healthcare electronic medical records software packages, throughout the United States.