"This acquisition makes sense as this was originally launched by Resources for the Deloitte Australia Firm," said Donald B. Murray, Chief Executive Officer of Resources Connection. "Because of our shared history, integration issues will be less than typical and we will be able to take advantage of our synergies and combine forces quickly. The acquisition is an opportunity to expand our Asia Pacific presence and reunite Resources Connection with its sister company."
ABOUT RESOURCES CONNECTION
Resources Connection, Inc. is an international professional services firm that provides accounting and finance, human resources, information technology, and internal audit on a project basis. Headquartered in Costa Mesa, California, the company operates from 51 US offices and seven international offices. More information about the company is available at www.resourcesconnection.com. On March 20, 2003 Resources Connection reported US$143 million revenues for the 9 months ended February 28, 2003.
Resources Connection was founded in June 1996 by a team from Deloitte & Touche, and became independent in April 1999, following a management buyout. In December 2000, the company completed its initial public offering and listed on NASDAQ. The U.S. client portfolio boasts more than 30 of the Fortune 50 companies. The company was recently named to Forbes Best 200 Small Companies list.