PRGX Global (PRGX) Acquires Business Strategy, Inc.

December 1, 2011 5:45 PM EST
PRGX Global, Inc. (Nasdaq: PRGX) today announced that it has acquired Business Strategy, Inc., a privately held provider of recovery audit and related contract compliance services.

The transaction is expected to boost PRGX's commercial (non-retail) recovery audit presence in North America and to provide additional strengths in the areas of contract compliance, a growth area of the recovery audit services space. PRGX will continue to occupy the former BSI offices in Grand Rapids, Michigan.

The material terms of the transaction will be disclosed by PRGX in its report on Form 8-K to be filed with the Securities and Exchange Commission.


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