The Kforce Story: 50 Plus Years of Great People Delivering Great Results

Two volumes document Romac International’s third stock offering.

In the first six months of 1997 they acquired Career Enhancement International of Massachusetts, Inc. of Boston and Professional Application Resources of Houston, Texas, both information technology operations. In September they acquired UQ Solutions, Inc. of Naperville, Illinois, and Sequent Associates, Inc. of San Jose, California. By that November, it was time for a third stock offering. They raised $86.5 million, which was used to shore up the infrastructure needed to support the growth and make additional acquisitions. DPS of Colorado, Inc., a Denver information technology operation, was the next to be acquired, followed by Center for Recruiting Effectiveness, Inc., a human resources specialist based in Washington, D.C. To maximize the benefit of these acquisitions, Romac realigned its organizational structure, consisting of four business units, with a focus on functional discipline. • Romac Information Technology saw dramatic growth, both through acquisitions and the continued growth of

Romac Emerging Technologies. • Romac Finance and Accounting expanded its services through the creation of Romac Executive Solutions, with Paul Winters as president, a new business service providing financial and other executives on a contract as well as permanent basis. • Romac Human Resources was launched, adding operations in Philadelphia and Washington, D.C. • Romac Operating Specialties was organized under the leadership of Pete Alonso and included pharmaceutical, healthcare, engineering, banking, and insurance.

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