GlobeNewswire
2012-08-01
Acquisition Will Create One of the Largest Northwest-Based
Consulting and Staffing Companies
KIRKLAND, Wash., Aug. 1, 2012 (GLOBE NEWSWIRE) -- International
business and IT services firm, Xtreme Consulting Group, Inc., today has
reached a definitive agreement to acquire Kipe Technology Resources--a
leading technology staffing firm based out of Beaverton, Oregon.
The purchase of Kipe Technology Resources further increases Xtreme's
share in the IT consulting market. "The combination of Kipe with Xtreme
will create one of the largest consulting and staffing firms based in
the Northwest," said Greg Rankich, CEO and Co-Founder of Xtreme. "The
acquisition greatly advances our strategy of expanding our customer
base, adding depth to our talent pool, and strengthening our position
in the marketplace."
Founded in 1991, Kipe is a leading provider of IT staffing in the
Portland market. Carol Sampson has led Kipe Technology Resources as
President for the past 10 years and is confident her company is growing
in the right direction with Xtreme. "Xtreme has an impressive track
record of consistent revenue growth. The company's numerous
achievements and accolades are a direct result of its talented
leadership team, dedicated employees, and their ability to set
aggressive goals and execute accordingly. Xtreme will provide
additional resources and exciting opportunities to our employees and is
poised to take Kipe to the next level of success."
Xtreme Consulting Group will leverage Kipe's excellent reputation and
top-quality employees to integrate the two companies together into the
Portland market. Xtreme strongly supports Kipe's current business
structure and intends to maintain the same culture under the Xtreme
brand. "The integration of both companies will take place during the
month of August. Our combined clients will continue to receive the same
high-quality consulting and staffing services that they have come to
expect," stated Greg.
"We believe the transaction will open the door to new opportunities for
all employees. With the combined platform our company will achieve
greater public visibility, increased financial firepower, and the
ability to offer an even broader array of client-facing services,"
states Tony Richardson, CTO and Co-Founder of Xtreme who manages the
company's Technical Consulting and Product Development divisions. "We
are thrilled to bring our IT consulting capabilities to Kipe's existing
client base and continue to expand throughout the northwest."
Kipe is known for delivering exceptional service and operating every
facet of the business with the highest degree of integrity. In spite of
the constant changes that occur in the IT industry, Carol Sampson
ensured that the company would never lose sight of its core policies
and values. This tradition will continue with the combined organization
employing nearly 700 people worldwide.
About Xtreme Consulting Group, Inc.
Founded in 2005, Xtreme is an international business and IT services
firm that delivers project management and consulting services to help
clients reduce costs, enhance organizational flexibility, and improve
performance. The company specializes in project/program management,
development infrastructure and engineering planned IT, web design and
development, and SharePoint portal development. The company has
consistently been recognized as one of the fastest growing private
companies in Washington and as one of the Best Companies to work for,
and has also been honored as a top philanthropic organization. Xtreme
operates throughout the United States from its offices in Kirkland and
Redmond, Washington; Boise, Idaho; Fargo, North Dakota; Charlotte,
North Carolina; and Tempe, Arizona. You can find more information about
Xtreme at www.xtremeconsulting.com.
The Xtreme Consulting Group, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=13061
About Kipe Technology Resources
Originally doing business under the name Kipe & Associates, Kipe
Technology Resources was founded in 1991 and operates out of Beaverton,
Oregon. During the past 20 years, the company has grown from a small IT
consulting firm to a highly successful, diversified, and well regarded
staffing company. The company's primary focus is to provide excellent
service to both clients and employees. Since its inception, Kipe has
served more than 30 different clients in areas such as manufacturing,
insurance, banking, government, and health care. The company has been
recognized as one of the Fastest Growing Private Companies in Oregon,
as one of the Top 25 Technology Service Providers, and as one of the
Top 50 Women-Owned Businesses. You can find more information about Kipe
at www.kipetech.com.
CONTACT: For more information, please contact:
Kara Jondal / Marketing Coordinator
Xtreme Consulting Group, Inc.
3500 Carillon Point
Kirkland, WA 98033
Office:(425) 861-9460 Ext. 225
Fax: (425) 861-9328
kara@xtremeconsulting.com