LRS has announced that it is acquiring Fulcrum Consulting, LLC, an IT staffing, Business Advisory and Nearshore Development firm with headquarters in Minneapolis, Minnesota.
The acquisition means that LRS will have a presence in the Twin Cities market for the first time; it also means LRS will increase its total staff to more than 1000 employees.
Fulcrum was founded in 2002 and is an IT staffing industry leader in the Minneapolis area. The company will become a branch of LRS Consulting Services, the IT and engineering staffing division of LRS.
Chris Walters, Senior Vice President of LRS Consulting Services, explained that Fulcrum Consulting is a perfect fit for LRS. He said, “Fulcrum fits well with our corporate culture. The company recruits top talent, treats them with respect, has strong relationships with clients and consultants, and has a strong believe in ethics and honesty. LRS is dedicated to the same ideals.”
Fulcrum’s location in the Minneapolis area fits with the expansion plan that LRS Consulting Services has been pursuing for several years.
As Chris explained, “Fulcrum’s location in central Minnesota helps us achieve our growth goals in a new location. We are also acquiring an experienced IT staffing group that manages an established client base.”
Fulcrum’s Minneapolis location will join the LRS Consulting Services offices in Chicago and Springfield, Illinois; Kansas City and St. Louis, Missouri; Nashville, Tennessee; and Dallas, Texas.
In addition to IT staffing, Fulcrum also provides a “near shore” development service to its clients. Chris called the service unique and something Consulting Services plans to eventually roll out to all of its branches.
Offering new services to clients is nothing new for LRS. The company began as a small IT consulting business and has grown to a corporation that has divisions focusing on output management software and services, pension management software, infrastructure sales and services, web solutions, and IT training services. LRS employees are located literally around the globe.
The many employees of LRS are eager to welcome the Fulcrum team to the LRS family!