Addison Search Acquires Workway’s VMS Staffing Division

August 2011

Acquisition Extends Reach to Better Address Staff Augmentation Needs of Growing VMS Market

CHICAGO – August 15, 2011 – Addison Search, a Lake Capital portfolio company, announced today that it has acquired the VMS staffing division of Workway Inc. and it will operate as inSync Staffing LLC. inSync Staffing specializes in providing staff augmentation services to MSP and VMS programs nationally.

“We recognize the growth in market share of contingent labor spending that MSP/VMS companies are managing and the value in servicing them with a customized delivery model,” said David Morgan, President, Addison Search. “inSync Staffing's team has proven that they are a best in class delivery solution to these VMS/MSP customers and we look forward to providing them with the resources required to allow them to continue to grow to meet the demand of their VMS/MSP program customers.”

“inSync Staffing's team has proven that they are a best in class delivery solution to VMS/MSP customers." – David Morgan, President of Addison Search

Started in October 2007, as Workway’s VMS Staffing division, inSync Staffing (www.insyncstaffing.com) currently supports over 30 VMS program customers with employees in 43 states.

Founded in 1999, Addison has been a leading provider of professional staffing and permanent placement services for Finance & Accounting, Information Technology, Financial Operations, Administrative, and Healthcare professionals for over eleven years. Addison’s strength’s are its strong management and executive teams, a relationship-focused selling strategy, a history with clients of delivering the right candidate at the right time, and a loyal candidate base.

Since Addison’s first full year of operations the company has grown significantly. As a result, Addison was recognized by Crain’s Chicago Business in 2007, 2008, and 2009 as one of the fastest growing Chicago-based companies and by Staffing Industry Reports as one of the fastest growing staffing firms for 2006, 2007, 2008, and 2009. In 2010, Addison ranked 1276 on the Inc 5000 list and 21st within the staffing industry. Based solely on client feedback, Addison made the 2011 Best of Staffing List.