DEAL ANNOUNCEMENT – TECHSTRAT CLIENT ROCKETPOWER ACQUIRED BY KELLY®
March 17, 2022
Kelly® (Nasdaq: KELYA) (Nasdaq: KELYB) announced on March 9th that it has acquired TechStrat client RocketPower, a leading provider of Recruitment Process Outsourcing (RPO) and other outsourced talent solutions. RocketPower’s customers include rapidly scaling U.S. tech companies known for disrupting industries and changing the world. Headquartered in Silicon Valley, Calif., RocketPower will continue to operate under its own brand with its current leadership team and staff as part of KellyOCG, the outsourcing and consulting business of Kelly. TechStrat acted as the exclusive M&A advisor to RocketPower.
Hiring skilled workers is the single biggest challenge facing rapidly scaling tech companies, and the traditional manufacturing and distribution companies that are fighting to augment their traditional businesses through software. RocketPower developed technology and processes that gave their clients a competitive advantage. Kelly is well positioned to leverage RocketPowers technology and team to create an industry-leading RPO practice.