Peoplesource Staffing Solutions Inc. Acquires Shares and Assets of The 500 Staffing Inc.June 01, 2015
Peoplesource Staffing Solutions Inc., an employment and recruitment agency, acquired all of the shares and assets of The 500 Staffing Inc. The transaction closed in two phases pursuant to the terms of a share and asset purchase agreement. On November 3, 2014, Peoplesource completed the acquisition of certain assets of The 500 Staffing Inc. and certain of its affiliates. On June 1, 2015, Peoplesource completed the acquisition of the shares of The 500 Staffing. Both acquisitions were financed by secured credit facilities provided to Peoplesource by the Toronto-Dominion Bank.
Wildeboer Dellelce acted for both Peoplesource and Toronto-Dominion Bank in connection with the transaction with a team that included Perry Dellelce, Ari Yakobson, Nicholas Dobbek (corporate / securities), Lisa Cunningham and Steve Vasilevski (debt products).