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.