SOURCE: VR Mergers and Acquisitions Charlotte

November 08, 2007 08:30 ET

VR Charlotte Facilitates Transaction of Large Employment Agency

CHARLOTTE, NC--(Marketwire - November 8, 2007) - Charlotte's VR Mergers and Acquisitions has just completed the transaction of Mulberry Personnel, a temporary staffing, personnel and human resource staffing agency headquartered in Lenoir, NC. Owned by former NC State Senator Ken Moore, Mulberry Personnel services clients in 5 branch offices in western North Carolina. It has been sold to OnStaff Solutions, a large, privately held staffing agency servicing 30 locations in 11 states located in the Southeast, Southwest and Mid-West.

Mulberry Personnel and OnStaff Solutions are a natural fit, forming a solid staffing agency that will together serve 35 locations in 11 states. The acquisition of Mulberry Personnel is an important step in OnStaff's future expansion into North Carolina.

Ray Tyler, a top VR Charlotte associate who represented the seller Ken Moore throughout the transaction said, "OnStaff Solutions proved to be a great match for Mulberry. Mulberry's management team was able to meet its goals for selling the company and OnStaff is well positioned to meet the needs of Mulberry's customers."

VR Mergers and Acquisitions Charlotte (available online at www.vrcharlotte.com) was founded in 1996 to service the needs of entrepreneurs as they buy or sell their businesses. There are 115 VR offices worldwide and VR Charlotte has consistently ranked at or near the top in business sales closed in each of the past 11 years. VR Charlotte represents businesses ranging from $500,000 to $25 million in sale price.

Contact Information

  • Contact:
    Beth Kendrick
    VR Charlotte Marketing Director
    (704) 676-0940
    Email Contact