Staffing Industry Analysts, founded in 1989, becomes a wholly owned property of Crain Communications and will maintain its headquarters in Los Altos, Calif. It will retain its employees and management, with the exception of Chairman Peter Yessne. Ron Mester, president-CEO of Staffing Industry Analysts, will continue to lead the organization.
“Crain Communications is broadening its portfolio of media assets with its acquisition of Staffing Industry Analysts,” said Rance Crain, president of Crain Communications, which publishes BtoB. “For almost 20 years, Staffing Industry Analysts has been serving companies and, more recently, large corporations that buy contingent labor with research, data and events.
“Their leading role in the marketplace as the acknowledged expert and voice of independence makes Staffing Industry Analysts an exciting addition to the Crain human resources group. I’m thrilled that this fine organization is teaming up with Workforce Management, which is the leading publication for human resources leaders.”
Financial terms of the deal were not disclosed. Jordan, Edmiston Group represented Staffing Industry Analysts in the transaction.