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Mergers & Acquisitions•1 May 2026•

1 min read

ManpowerGroup Sells Jefferson Wells US Unit to Sikich for $100 Million

Key Facts

1ManpowerGroup sold its Jefferson Wells US business to Sikich for $100 million.

2The transaction will yield approximately $88 million in net cash proceeds to strengthen the balance sheet.

ManpowerGroup has completed the divestiture of its Jefferson Wells US business to professional services firm Sikich for a total consideration of $100 million. The transaction is expected to yield approximately $88 million in net cash proceeds, which will be utilized to strengthen the company's balance sheet. This strategic move is part of ManpowerGroup's broader effort to streamline its portfolio and focus on its core brands: Manpower, Experis, and Talent Solutions. By divesting non-core assets, the company aims to improve operational efficiency and reallocate resources toward high-growth segments. Analysts view this sale as a positive step for liquidity and corporate restructuring for the large-cap staffing firm. The deal underscores ManpowerGroup's commitment to refining its business model and delivering long-term value to its stakeholders.