Kforce Inc. (NASDAQ:KFRC), a professional staffing firm, today announced the closing of the acquisition of VistaRMS, Inc. effective earlier today.
VistaRMS, Inc., a privately held company based in Herndon, Virginia, has produced revenue of approximately $50 million in technology staffing over the last 12 months with approximately 40% of that revenue in the Federal government sector. “We believe that the improving labor environment will further enhance our opportunity to leverage the highly talented field professionals from VistaRMS who we are today welcoming to the Kforce family. The significant time that we have spent together has only served to re-enforce our belief that the associates at VistaRMS will excel in the Kforce culture of Great People = Great Results. The VistaRMS sales professionals have developed expertise and resources in products and geographies, particularly in the greater Washington D.C. market, that are complementary to ours. Together, we believe this will result in a technology staffing capability that will more effectively differentiate our value proposition to clients and candidates,” said David L. Dunkel, Kforce’s Chairman and Chief Executive Officer.