November 23, 2011 Oakville, ON
In February 2011, the shareholders of Turn Key Staffing Solutions retained CFA to explore strategic alternatives for the Company. This review resulted in the decision to seek out a high quality strategic acquirer for the business. After an extensive search, The Bagg Group was selected.
Turn Key, a multi-branch staffing company head-officed in New Market, Ontario, provides qualified personnel on a permanent, temporary, or contract basis throughout Ontario, Canada. Turn Key has grown steadily over its nearly 15 year history by providing personalized, customized service to meet the challenging human resource needs of its customers, and has established a leading reputation in its existing markets. Its strong reputation, coupled with proactive sales and marketing activity, has resulted in a growing number of companies who rely on Turn Key for all of their staffing needs.
Founded in 1971, The Bagg Group of Toronto, Ontario has grown to become one of Toronto’s most successful full-service staffing and consulting firms. They offer a broad spectrum of services—providing full-time, contract, temporary placements and outsourcing across multiple industries and functions. They serve employers and job seekers throughout Ontario, helping companies find the best talent and business solutions for their staffing needs. For the second time, the firm was named winner of Inavero’s BEST OF STAFFING in 2011.
Geoff Bagg President of The Bagg Group commented that “Turn Key meets a key strategic requirement in the growth of our operation. Their service offering, high level of integrity and outstanding reputation will be a strong addition to our group”
Details of the transaction were not released.
For further information contact Douglas Nix, Vice Chairman CFA 905-845-4340 ext. 211