On the Record · Kelly Services

Kelly Services acquisitions, on the record

The businesses Kelly Services bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
EMEA staffing operations Word for word“On January 2, 2024, subsequent to the year ended 2023, the Company completed the sale of its EMEA staffing operations to Gi Group Holdings S.P.A. and received cash proceeds of $110.6 million.” 10-K for 2023	agreed divestiture	January 2, 2024	$110.6 million
Pediatric Therapeutic Services (PTS) Word for word“On May 2, 2022, KSU acquired 100 % of the membership interests of PTS for a purchase price of $ 82.1 million.” 10-K for 2023	acquisition	On May 2, 2022	$ 82.1 million
RocketPower Word for word“On March 7, 2022, the Company acquired 100 % of the issued and outstanding membership interests of RocketPower for a purchase price of $ 59.3 million.” 10-K for 2023	acquisition	On March 7, 2022	$ 59.3 million
Softworld, Inc. Word for word“On April 5, 2021, the Company acquired 100 % of the shares of Softworld for a purchase price of $ 215.0 million.” 10-K for 2023	acquisition	On April 5, 2021	$ 215.0 million
Russia operations Word for word“On July 20, 2022, the Company completed the sale of its Russia operations ("disposal group"), which was included in the Company's International operating segment.” 10-K for 2023	divestiture	On July 20, 2022	—
Brazil operations Word for word“As of year-end 2023, the Company had an indemnification liability totaling $ 3.0 million with $ 0.1 million in accounts payable and accrued liabilities and $ 2.9 million in other long-term liabilities, and $ 3.4 million at year-end 2022 with $ 0.3 million in accounts payable and accrued liabilities and $ 3.1 million in other long-term liabilities on the consolidated balance sheet related to the sale of the Brazil operations.” 10-K for 2023	divestiture	—	—
European staffing operations (EMEA staffing operations) Word for word“On January 2, 2024, the Company completed the sale of its EMEA staffing operations to Gi Group Holdings S.P.A. and received cash proceeds of $110.6 million, or $77.1 million net of cash disposed.” 10-K for 2024	divestiture	January 2, 2024	$110.6 million, or $77.1 million net of cash disposed
Ayers Group, a division of OCG segment Word for word“We completed the sale of our European staffing operations on January 2, 2024 and on June 12, 2024 announced the sale of the Ayers Group, a division of our OCG segment.” 10-K for 2024	agreed divestiture	June 12, 2024	—
Motion Recruitment Partners, LLC (MRP) Word for word“On May 31, 2024, the Company indirectly acquired 100% of the equity interests in MRP for a purchase price of $425.0 million.” 10-K for 2024	acquisition	May 31, 2024	$425.0 million
Children's Therapy Center (CTC) Word for word“On November 13, 2024, Kelly Services USA, LLC ("KSU"), a wholly owned subsidiary of the Company, acquired 100% of the issued and outstanding limited liability company interests of CTC.” 10-K for 2024	acquisition	November 13, 2024	—
PTS (Pediatric Therapeutic Services) Word for word“This was partially offset by $58.3 million of cash used for the acquisition of RocketPower in March 2022, net of cash received, $84.8 million of cash used for the acquisition of PTS in May 2022, net of cash received, $12.0 million of cash used for capital expenditures, and $6.0 million of cash disposed from the sale of our operations in Russia in July 2022, net of proceeds.” 10-K for 2024	acquisition	May 2022	—
Operations in Russia Word for word“This was partially offset by $58.3 million of cash used for the acquisition of RocketPower in March 2022, net of cash received, $84.8 million of cash used for the acquisition of PTS in May 2022, net of cash received, $12.0 million of cash used for capital expenditures, and $6.0 million of cash disposed from the sale of our operations in Russia in July 2022, net of proceeds.” 10-K for 2024	divestiture	July 2022	—

As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year ended	Cash paid for acquisitions (net of cash acquired)	Goodwill from acquisitions
2017-01-01	$0	—
2017-12-31	$37.2 million	$18.7 million
2018-12-30	$0	—
2019-12-29	$86.4 million	—
2021-01-03	$39.2 million	—
2022-01-02	$213 million	—
2023-01-01	$143.1 million	—
2023-12-31	$0	—
2024-12-29	$431.9 million	$225.9 million
2025-12-28	$0	—

Deal filings since 2016

2026-01-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2026-01-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-07-30 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2024-06-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-06-03 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2024-05-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-11-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-11-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-02-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-01-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-06-21 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2021-04-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-04-06 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2021-04-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-04-06 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2019-12-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-12-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement

Read from Kelly Services’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-12. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.