Kelly Enhances Pediatric Therapy Services with Strategic Acquisition of Children's Therapy Center, Bolstering Market Leadership
19 Noviembre 2024 - 12:00PM
Today, Kelly (Nasdaq: KELYA, KELYB) announced that it has
acquired Children’s Therapy Center (CTC). Specializing in
occupational, physical, and speech therapy for children from birth
to eighteen, CTC operates from its headquarters in Eagan, MN, with
an additional office in Apple Valley, MN. This acquisition will
integrate CTC into Kelly Education’s Pediatric Therapy Services
(PTS) portfolio. This provides opportunities for Minnesota school
districts, including those who currently partner with Teachers On
Call (TOC), a Kelly Education Company, to integrate PTS’s related
therapy services to meet the growing demand of student special
education needs. The terms of the acquisition were not disclosed.
“Children’s Therapy Center’s people-focused culture aligns well
with Kelly’s values,” said Nicola Soares, president of Kelly
Education. “CTC’s therapist-focused model emphasizes provider-child
relationships and is dedicated to achieving positive outcomes for
children. This expansion also enables us to bring value to the
Center’s strong therapist retention practices by offering
flexibility to practice in either school or clinical settings,
underscoring our commitment to growth and comprehensive service
delivery.”
CTC offers diverse interventions supported by continuous
professional development for its therapists. Focused on delivering
best-in-class service and ensuring the highest standards of care,
CTC is committed to strong compliance, implementing robust
processes to ensure adherence to federal, state, and local
regulations.
"I am excited about the direction of this innovative adoption by
Kelly Education’s PTS specialty brand, bringing together our unique
strengths to advance holistic care for children,” said Sue Fuller,
founder of Children's Therapy Center. “This collaboration
represents a unified vision and offers a remarkable opportunity to
transform how we deliver services, ensuring that every child
receives the support necessary for their growth and
well-being."
About Kelly
Kelly (Nasdaq: KELYA, KELYB) helps companies recruit and manage
skilled workers and helps job seekers find great work. Since
inventing the staffing industry in 1946, we have become experts in
the many industries and local and global markets we serve. With a
network of suppliers and partners, we connect job seekers around
the world with meaningful work. Our suite of outsourcing and
consulting services ensures companies have the people they need,
when and where they are needed most. Headquartered in Troy,
Michigan, we empower businesses and individuals to access limitless
opportunities in industries such as science, engineering,
technology, education, manufacturing, retail, finance, and energy.
Visit kellyservices.com.
About Kelly Education
Kelly Education powers the future of learning through customized
workforce solutions, including hiring and recruiting, business
management, professional development, academic and social-emotional
support across the full continuum of education––from PreK-12,
special education, and therapeutic services to executive search and
beyond. Kelly Education is a business of Kelly (Nasdaq:
KELYA, KELYB), a global workforce solutions provider that
connects businesses and individuals with limitless opportunities
through meaningful work. Learn more at kellyeducation.com or
connect with us on LinkedIn, Facebook, and X.
Forward-Looking Statements
This release contains statements that are forward looking in
nature and, accordingly, are subject to risks and uncertainties.
These statements are made under the “safe harbor” provisions of the
U.S. Private Securities Litigation Reform Act of 1995. Statements
that are not historical facts, including statements about Kelly’s
financial expectations, are forward-looking statements. Factors
that could cause actual results to differ materially from those
contained in this release include, but are not limited to, (i)
changing market and economic conditions, (ii) disruption in the
labor market and weakened demand for human capital resulting from
technological advances, loss of large corporate customers and
government contractor requirements, (iii) the impact of laws and
regulations (including federal, state and international tax laws),
(iv) unexpected changes in claim trends on workers’ compensation,
unemployment, disability and medical benefit plans, (v) litigation
and other legal liabilities (including tax liabilities) in excess
of our estimates, (vi) our ability to achieve our business’s
anticipated growth strategies, (vi) our future business
development, results of operations and financial condition, (vii)
damage to our brands, (viii) dependency on third parties for the
execution of critical functions, (ix) conducting business in
foreign countries, including foreign currency fluctuations, (x)
availability of temporary workers with appropriate skills required
by customers, (xi) cyberattacks or other breaches of network or
information technology security, and (xii) other risks,
uncertainties and factors discussed in this release and in the
Company’s filings with the Securities and Exchange Commission. In
some cases, forward-looking statements can be identified by words
or phrases such as “may,” “will,” “expect,” “anticipate,” “target,”
“aim,” “estimate,” “intend,” “plan,” “believe,” “potential,”
“continue,” “is/are likely to” or other similar expressions. All
information provided in this press release is as of the date of
this press release and we undertake no duty to update any
forward-looking statement to conform the statement to actual
results or changes in the Company’s expectations.
KLYA-FIN
Contact Information
Media Contact:Danielle
Nixon816-737-8414danielle.nixon@kellyservices.com |
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Analyst Contact:Scott Thomas(248)
251-7264scott.thomas@kellyservices.com |
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