The Brokers Group and ZI Solutions LLC Merge
Princeton, NJ (July 1, 2008) - The Brokers Group, a leading technology and clinical trial staffing solutions firm, announced today that it has merged with ZI Solutions LLC, another Princeton-based provider of IT consulting services.
According to Dan Reynolds, founder of The Brokers Group and CEO of the merged entity, the move had an inevitable quality to it as his discussions with his ZI counterpart, Brian Zecher, progressed. "We came to believe strongly in the opportunities we could develop by bringing our resources together to focus first on our combined client bases and then to nurture new clients," he said. "Eventually, it was just a matter of due diligence and hammering out the details."
Mr. Zecher, who now assumes the post of president of The Brokers Group said, "Knowing that this is the right strategic move for the two companies takes some of the edge off of retiring the ZI name. There's a fine executive team here with a proven record of performance. The sales and recruiting staff is lively and tremendously engaged, just what we need to meet the volume of requirements the market is looking to fill. For our part, we fully expect to bring ZI's legacy of expertise in custom software development into the mix to help drive growth."
Joe Kelly will continue in his role at The Brokers Group as COO; Larry Lee continues as CFO.
ZI Solutions was founded in 2003 to provide software development, systems integration, and custom application development services for firms from the financial services, marketing, pharmaceutical, and telecommunications sectors.
Founded in 2001 and privately held, The Brokers Group is a full-service technology and clinical trial consulting firm with a mission to provide high-quality talent to augment staff and support outsourced solutions. The firm offers accomplished professionals under contract, contract right-to-hire, and full time staffing arrangements. Its divisions are separate qualified units dedicated to becoming immersed in client cultures as value-add partners who help to develop solutions that confer real and measurable competitive advantages.
"We're proving an old business principle," Mr. Reynolds said. "Sometimes one plus one really does add up to something much greater than two, particularly if each 'one' brings something special and complementary to the merger. Our prospects for a very productive synergy are great."
About The Brokers Group
The Brokers Group (www.thebrokersgrp.com) is a privately-held company that provides senior-level staffing solutions to mid- and large-size employers in the information technology and clinical trial industries. Founded in 2001, The Brokers Group has received numerous accolades, including the Inc. 500, Entrepreneur's Hot 100, and NJBiz Finest award. Additionally, CEO Dan Reynolds has been honored as a finalist in Ernst & Young's Entrepreneur of the Year Award in 2006 and 2007 and is a winner of NJBiz's 40 Under 40. Recognized for its value-driven staffing solution approach, The Brokers Group prides itself on finding perfect matches between employer and consultant resulting in significant productivity gains and increased satisfaction.
MEDIA CONTACT
Joe Kelly
jkelly@talonpro.com
609-924-8900
...back