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Greater Reach in Financial Services
TAC WORLDWIDE ACQUIRES THE SYSTEMS GROUP
Acquisition broadens TAC's IT staffing footprint in growing Financial and Insurance sectors


DEDHAM, MA, May 02, 2007 - TAC Worldwide, a leading provider of technical staffing and workforce management solutions today announced the acquisition of The Systems Group to broaden its reach into the financial services and insurance sectors. "There are significant synergies for both organizations in this relationship", commented Carl Foster President of TSG and now a Market Vice President of the TSG Division of TAC.  "It gives TSG a truly national base from which to grow by leveraging both TAC's workforce consulting and recruiting expertise, in addition to giving TAC enhanced  financial services and insurance industry presence from our nearly 25 years of experience representing those sectors."

TSG was founded in Hartford, CT in 1985 by Foster and the company achieved nearly $18 million in 2006 revenue from operations in three locations including Hartford, Boston and Tampa/St. Petersburg.  Carl Foster will continue to manage TSG's day-to-day operations, upholding the excellence of client service for which TSG is known and bringing the benefits of TAC's expanded expertise to current and future clients. 

The subject matter expert (SME) recruiting model will continue to be the backbone of all recruiting efforts for a growing national roster of Fortune 1000 clients.  "If we can't attract the best associates, how are we going to satisfy clients? The key is to assemble recruiting teams that speak the language of our clients and that come from significant industry expertise # ensuring that only the best and most highly skilled talent is presented to our clients. No client has the time to meet with a parade of candidates; choosing from among the best should do it every time." said Chris Egizi, TAC's Eastern Territory Senior Vice President.

Project managers, business analysts and quality assurance experts remain high on the list of consultant talent most sought after by TSG in addition to TAC's complement of IT management, software systems and development consultants. "TSG is integral to TAC's growth strategy. The TSG team gives us greater expertise and a broader reach into the important financial services and insurance markets.  The demand for skilled IT and engineering talent continues to grow in nearly every market and we are pleased to bring the combined strength of our recruiting expertise and workforce management offerings to TSG clients while benefiting from the years of domain experience which TSG brings," commented Robert P. Badavas, President of TAC Worldwide. 

 

About TAC Worldwide
TAC Worldwide is a leading provider of technical staffing services and customized workforce solutions. TAC's commitment to service excellence has led it to achieve trusted business partner status with clients from a wide range of industries, including many Fortune 1000 companies. TAC Worldwide was founded in 1969 and is headquartered in Dedham, Mass. TAC Worldwide is a subsidiary of Goodwill Group of Japan, the world's fifth largest staffing and workforce management solutions company. For more information please visit www.tacworldwide.com, call 800.822.7823 or email info@tacworldwide.com.



Contact:

Clyde Hakim
Senior Director, Marketing
TAC Worldwide
781-251-8296
chakim@tacworldwide.com

 
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