ManpowerGroup Sells Jefferson Wells Business for $100M
ManpowerGroup announced the sale of its Jefferson Wells U.S. business to Sikich for a transaction value of $100M Across the U.S., Jefferson Wells delivers solutions in risk & compliance, finance & accounting, and tax - across a diverse range of industries, including to public and highly regulated companies - through project consulting, integrated resourcing and executive search. In 2025 Jefferson Wells U.S. revenues were $76M. The transaction closed on April 30 and will result in a gain on sale to be recognized by ManpowerGroup in the second quarter. ManpowerGroup will receive net cash proceeds at closing of approximately $88M after working capital and other items. ManpowerGroup plans to use transaction proceeds to strengthen its balance sheet as it continues to invest for sustainable long-term growth.
