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

Left: Source Services Corporation was named to Forbes’ Best 200 Companies list in 1997. Below: Robert W. Baird and Company, Inc., commemorated Romac International’s acquisition of Source Services Corporation on April 20, 1998.

A Bold Move Leveraging Romac International’s strength as a result of these recent acquisitions, Dave Dunkel undertook what is arguably the boldest move of his career in a transaction some liken to David and Goliath; others compare to the proverbial fish swallowing the whale. Both analogies are accurate. Source Services Corporation, the target of Dave Dunkel’s next expansion, had fifty-four offices to Romac International’s thirty-two. They had twice as many employees and their annual sales totaled more than twice that of Romac’s. “However,” said Dave Dunkel, “we had a bigger market cap than they did. We were growing faster and we were more profitable.” Source Services was first contacted regarding the merger in April 1997. The transaction became official when representatives from both companies met in Orlando to sign the papers on February 1, 1998.

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