MITCHELL MARTIN ACQUIRES NY-BASED SPRING LAKE CONSULTING

Author Name Best Staffing Firm to Work For by Staffing Industry Analysts. Gene Holtzman, President & CEO

Reading time  March 24 2018

Mitchell Martin Inc. acquired Spring Lake Consulting Inc., a Manhattan-based staffing firm that provides IT professionals and business domain experts in banking, hedge fund and insurance industry verticals.

The deal closed July 18, but terms of the transaction were not announced.

Spring Lake Consulting has been in operation for more than 15 years. Its operations will be brought under the Mitchell Martin brand after a period of integration.

​​​​​​​ “We are extremely pleased to have the Spring Lake team join us,” said Gene Holtzman, president and founder of Mitchell Martin. “They have excellent relationships with their clients and will really add to our presence in the mid-market, an area we are now expanding into. We will continue to seek acquisition opportunities like this as part of our growth strategy.”

Mitchell Martin is a privately held IT staffing firm based in New York. It has been in business for 32 years. It ranks as the 29th largest IT staffing firm in the US.

A majority of Arkansas employers will pay less for workers' compensation insurance. Governor Asa Hutchinson announced the National Council on Compensation Insurance recommended a reduction of 15.4% for the voluntary market and 14.9% for the assigned-risk pool, and said the Insurance Commissioner accepted the recommendation yesterday.

The reductions come amid a decrease in the number of work-related injuries over the past two years.

“Arkansas companies already pay the lowest premium for workers’ compensation insurance of any state in the country,” Gov. Hutchinson said. “This cut in costs leaves more money in employers’ pockets, which means it is now less expensive to do business in Arkansas.”

The decreases take effect July 1.

Kerr noted the new costs reflect only industry average wages and will have varying impacts on workers’ comp rates when individual risk factors are applied for each business.

A majority of Arkansas employers will pay less for workers' compensation insurance. Governor Asa Hutchinson announced the National Council on Compensation Insurance recommended a reduction of 15.4% for the voluntary market and 14.9% for the assigned-risk pool, and said the Insurance Commissioner accepted the recommendation yesterday.

The reductions come amid a decrease in the number of work-related injuries over the past two years.

Arkansas companies already pay the lowest premium for workers’ compensation insurance of any state in the country,” Gov. Hutchinson said. “This cut in costs leaves more money in employers’ pockets, which means it is now less expensive to do business in Arkansas.”

The decreases take effect July 1.

Kerr noted the new costs reflect only industry average wages and will have varying impacts on workers’ comp rates when individual risk factors are applied for each business.

About the Author:

author image at michell martin

As the founder and President of Mitchell Martin our company has grown from a vision started in 1984 to $180 million in annual revenue. While remaining true to our focus in Information Technology Staffing/Professional Services we have expanded our offerings to include Professional Staffing and Healthcare.