Randstad buys transition services provider RiseSmart

Randstad is to buy RiseSmart, a San José, California-based technology-led career transition services provider, for US$100m (£65.6m).
Fri, 25 Sep 2015

Randstad is to buy RiseSmart, a San José, California-based technology-led career transition services provider, for US$100m (£65.6m). 

RiseSmart provides transitioning solutions to companies whose employees are affected by restructuring, downsizing, mergers and similar events.

RiseSmart will operate independently, under the leadership of president and chief executive Sanjay Sathé.

The deal closed yesterday.

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