TMP Worldwide Acquires The Corporate Group
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New York City-based recruitment ad agency TMP Worldwide said it acquired The Corporate Group, a human resources consulting firm based in Boston.
TMP said the acquisition adds a further dimension to its recruitment business, which currently includes online career centers The Monster Board and Online Career Center (OCC). Financial terms were not disclosed.
The Corporate Group works closely with clients, typically Fortune 500 corporations, to develop their overall internal systems and workflow strategies. The firm focuses on topics ranging from workflow analysis and design to performance metrics and standards.
Michael Rosmarin, CEO of The Corporate Group, will work with TMP's management team to leverage both companies' expertise among current and potential clients.
The Corporate Group's clients include The Gap, Ernst & Young, Henry Ford Health System, Abbott Laboratories, Nortel, Ziff-Davis, Miller Brewing, Nissan Motor Corp., and NEC.