Will this Acquisition Mean Better Service for Clients?

24 Seven a major power house fashion job placement agency has acquired the Gromwell Group another large fashion job placement agency in New York City. The deal supposedly closed late last week and was announced yesterday Monday April 7. Apparently, Gromwell was in financial trouble and had filed for bankruptcy. 24 Seven was in the position when the opportunity came and had the resources to acquire Gromwell. Read more about this acquisition on 24 Seven's web site.


So, how does this relate to me?


I first heard about this last week from a friend who's listed as a candidate at Gromwell as a graphic designer. This person was excited because, now, he has the opportunity to be a candidate for fashion jobs in graphic design. At Gromwell he was not listed in their fashion department. He mainly worked at financial institutions as a graphic designer. So to answer this question, how does this relate to me? This new combined pool of resources should mean more job placement opportunities. It should mean better and more efficient ways to assist job seekers and also employers looking for talent. Let's see what happens over the next few months.


The CEO at 24 Seven and Gromwell both have a combined total of over 30 years of working in the staffing industry according to the press release by 24 Seven. I'm expecting this merger to have a huge impact on those who use it's services in a positive way. I can imagine that, this will help to fill more fashion related jobs in locations outside of New York as well. I know that 24 Seven has several locations in California, an office in Seattle and in London.


Even though this is a power acquisition, all is not lost for the smaller job placement staffing companies or the headhunters. I would think that this is their opportunity to provide it's clients with more specialized services with more of a personal touch than that of a larger organization. Maybe better follow-up communication with clients. That would be nice!