endevis announced today the acquisition of CoSource, a Cleveland-based IT Staffing & Recruiting firm. The 7-year old firm, recognized as one of the fastest growing firms in Cleveland, will operate under the endevis name, which is well established in the Ohio area.
“We carefully evaluated a wide variety of firms nationwide,” said Mick Fecko, Managing Partner of Endevis. “CoSource has a talented and experienced team, well-established client relationships with Fortune 500 companies and a company culture that mirrors what we have built here at endevis.”
This is the third acquisition for endevis, which has experienced rapid organic growth annually and has expanded to more than 75 employees with (8) locations throughout the United States. The purchase of CoSource gives endevis a deeper presence in the technology space, where many endevis clients have needs. Furthermore, endevis’ partnership with CoSource increases the recruitment bandwidth for endevis’s national client base.
CoSource Staffing & Recruiting was founded by Gene Roberts in 2010. Prior to starting CoSource, Gene founded the Cleveland Solutions Group – a network and telephony engineering firm – which was acquired by CBIZ (NYSE:CBZ) in 2004. He served as Business Unit President in CBIZ for six-years. Gene will continue with endevis in a leadership role, to include strategic initiatives including mergers and acquisitions.
“This was a great opportunity for CoSource to partner with a fast-growth firm to expand our recruiting resources for our clients,” said CoSource President Gene Roberts. “I am truly excited about what this partnership means to our employees, our candidates and our clients.”
The acquisition combines a strong local IT firm with an established national firm, and further strengthens endevis’ IT staffing & recruiting capabilities nationwide.