Houston-based staffing firm Talent Group has acquired Portland-based firm EdgeLink LLC, the companies announced Tuesday.
Terms of the deal were not disclosed but EdgeLink will continue to operate under its own brand.
EdgeLink, which was founded in 2003, provides mid- to executive-level talent on contract or to-hire basis. The firm works with startups, regional fast-growing companies as well as large national brands. EdgeLink co-founders Jeff Miller and Mike Miadich are joining the leadership team of he combined company.
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“Mike and I are very proud of the firm we have built and remain dedicated to serving our clients with excellence. As founders, we wanted to ensure we identified the right team to collaborate with and accelerate our growth and I know we have found the right partner,” Miller said in a written statement. “This move will benefit our talented employees who now have more opportunities with a larger organization, and for our clients who will benefit from complementary service offerings.”
EdgeLink has 72 employees and had 2020 revenue of $9.4 million, according to the 2021 Business Journal list of largest private companies. The company has offices in Portland, Denver and Salt Lake City.
Talent Group was created in 2018 by private equity firm Osceola Capital, according to the Houston Business Journal. The Florida-based investor acquired and combined two IT staffing companies to create Talent Group.
Talent Group CEO Matthew Ripaldi said the two businesses are strongly complementary and the two teams have similar cultural and philosophical fit.
“Joining these two companies brings together the strengths of our organizations and represents an opportunity to offer clients an added suite of services from multiple locations,” Ripaldi said in a written statement. “We now have a stronger platform for future growth and to add immediate value to our clients, consultants, candidates, and internal colleagues.”
