Barrett Business Services, Inc. Announces Acquisition of JRL Services, Inc.
PORTLAND, Ore., April 14 /PRNewsire/ -- Barrett Business Services, Inc.
(Nasdaq: BBSI) announced today that it has acquired certain assets of JRL
Services, Inc., dba TLC Staffing located in Tucson, Arizona, for $150,000 in
cash.
TLC Staffing's annual revenues for the fiscal year ended December 31, 1996
were approximately $800,000. The predominantly clerical staffing business of
TLC will be combined with Barrett's existing Tucson office.
Barrett Business Services, Inc. is a human resource management company
with offices in Washington, Oregon, Idaho, California, Arizona, Michigan,
Maryland and Delaware. Barrett reported revenues of $215.8 million and net
income of $5.0 million for 1996.
SOURCE Barrett Business Services Inc.
CONTACT: William W. Sherertz, President and Chief Executive Officer of Barrett Business Services, 503-220-0988 /Barrett Business Services Inc. press releases available through Company News On-Call by fax, 800-758-5804, ext. 082187, or at http://www.prnewswire.com
Released April 14, 1997