About Re-Sourcing
Re-Sourcing is a Business Services company based in Valhalla (United States) founded in 2003, and was acquired by MidOcean Partners in January 2024. It operates as a recruitment services are provided by Re-Sourcing in the United States. Re-Sourcing has completed 1 acquisition, including Conexus Recruiting. Its chief executive is Joseph Kelly. Its Indian entity Ing Vysya Bank Limited reported revenue of ₹2,262 Cr. Its focus areas include HR Services and Recruitment Services. Its competitors include Kelly Services, Cielo, Vaco, DISYS and Robert Half and 5 more; 4 of its 10 listed competitors have raised funding.
Company details
Re-Sourcing was founded in 2003 and is based in Valhalla, United States. Recruitment services are delivered by the company within the human resources sector. Talent sourcing and staffing solutions are handled for various industries. Operations emphasize matching candidates to roles through targeted processes. Leadership is provided by CEO Joseph Kelly, with focus maintained on domestic markets.
- Headquarters Valhalla, United States
- Stage Acquired
- SectorsBusiness Services
- Phone•••• ••••
- Website myresourcing.com
- Acquired by MidOcean Partners (Jan 2024)
- Legal Name Ing Vysya Bank Limited
- Date of Incorporation 29 Mar, 1930
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹2,262 Cr
FY 2024 · 0% YoY
- InvestorsMidOcean Partners
& 1 more
- Investments & Acquisitions
- Acquired byMidOcean Partners
(Jan 2024)
Associated legal entities of Re-Sourcing
Re-Sourcing operates through Ing Vysya Bank Limited, a listed company (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ing Vysya Bank Limited Listed CIN L85110KA1930PLC000124 | Amalgamated | 29 Mar 1930 | Bangalore, Karnataka | ₹2,262 Cr | – | 11 | View details |
Funding Insights of Re-Sourcing
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Re-Sourcing with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2020 | – | Private Equity Round | – | McNally Capital | – |
2 investors in total: 2 institutional.
Investors in Re-Sourcing
Re-Sourcing has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include MidOcean Partners and McNally Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
McNally Capital is engaged in private equity investments. | 2008 | mcnallycapital.com | Chicago, United States | |
Private equity and debt fund focused on consumer and business services sectors | 2003 | midoceanpartners.com | New York, United States |
Investor details for Re-Sourcing
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Board of directors of Ing Vysya Bank Limited (Re-Sourcing)
Ing Vysya Bank Limited is the primary company behind Re-Sourcing. The board of Ing Vysya Bank Limited currently have 11 directors; the longest-serving is Maddali Venkata Satya Apparao, appointed in 2007. 15 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Maddali Venkata Satya Apparao DIN 00484877 | Company Secretary | 27 Jul 2007 | 19 yrs 2 mo | Ing Vysya Bank Limited |
| Santosh Desai DIN 01237902 | Director | 29 Apr 2008 | 18 yrs 5 mo | Ing Vysya Bank Limited |
| Meleveetil Damodaran DIN 02106990 | Director | 21 Jul 2008 | 18 yrs 2 mo | Ing Vysya Bank Limited |
| Vaughn Nigel Richtor DIN 00698356 | Director | 01 Jun 2009 | 17 yrs 4 mo | Ing Vysya Bank Limited |
| Vikram Talwar DIN 00416236 | Director | 20 Dec 2010 | 15 yrs 10 mo | Ing Vysya Bank Limited |
| Mark Edwin Newman DIN 03518417 | Director | 20 Apr 2011 | 15 yrs 6 mo | Ing Vysya Bank Limited |
| Jayant Mehrotra DIN 07681406 | CFO | 29 Apr 2014 | 12 yrs 5 mo | Ing Vysya Bank Limited |
| Alka Marezban Bharucha DIN 00114067 | Additional Director | 25 Jun 2014 | 12 yrs 3 mo | Ing Vysya Bank Limited |
| Adrianus Johannes Antonius Kas DIN 06853983 | Additional Director | 25 Jun 2014 | 12 yrs 3 mo | Ing Vysya Bank Limited |
| Kewal Kundanlal Handa DIN 00056826 | Additional Director | 12 Aug 2014 | 12 yrs 2 mo | Ing Vysya Bank Limited |
| David Han Lee Yong DIN 07015440 | Additional Director | 10 Nov 2014 | 11 yrs 11 mo | Ing Vysya Bank Limited |
People of Re-Sourcing
1 people are tracked at Re-Sourcing (1 in leadership).
| Name | Role | Group |
|---|---|---|
Joseph Kelly | CEO | Leadership |
Complete people profiles for Re-Sourcing
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Financials of Re-Sourcing
Figures of Ing Vysya Bank Limited, the primary company behind Re-Sourcing, for FY 2024. Revenue was ₹2,262 Cr (0% year on year). Revenue has grown at a compounded annual rate of +7% over three years and +4% over five years.
- ₹2,262 CrRevenue · FY 2024 · 0% YoY
- ₹192 CrPaid-up capital
- +7%Revenue CAGR, 3 years
- +4%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ing Vysya Bank Limited are on its company page.
Detailed financial statements for Re-Sourcing
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Investments & Acquisitions by Re-Sourcing
Re-Sourcing has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Conexus Recruiting.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Recruitment services are provided by Conexus since 2012. | conexusrecruiting.com | Los Angeles, United States | 2012 | Jan 2023 | •••• |
Complete acquisition details for Re-Sourcing
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Timeline of Re-Sourcing
4 dated milestones of Re-Sourcing across 21 years, from founding to its latest funding, stage changes and deals.
- Founded Re-Sourcing is founded.
- Funding First funding round.
- Acquisition Acquires Conexus Recruiting.
- Exit Acquired by MidOcean Partners.
Competitors of Re-Sourcing
Re-Sourcing has 10 listed competitors in our database, 4 of them funded. They include Kelly Services, Cielo, Vaco, DISYS and Robert Half, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| kellyservices.com | 1946 | Troy, United States | – | – | Outsourced human resources services are provided globally by Kelly Services. | |
| cielotalent.com | 2005 | Brookfield, United States | – | 13,347 | HR consulting services in talent acquisition and management are offered. | |
| vaco.com | 2002 | Brentwood, United States | $380,000 | 6,571 | Recruitment and consulting services are provided by Vaco. | |
| disys.com | 1994 | Mclean, United States | $25M | 532 | IT staffing, consulting, and related services are provided. | |
| roberthalf.com | 1948 | Menlo Park, United States | – | 15,000 | Staffing and recruitment agency | |
| collabera.com | 1991 | Basking Ridge, United States | $30M | 5,772 | Recruitment, staff augmentation, and IT services are provided globally. | |
| partnerspersonnel.com | 2017 | Santa Barbara, United States | – | – | Recruitment services are provided to businesses across various sectors. | |
| staffing360solutions.com | 2009 | New York, United States | – | 265 | A recruitment service company providing staffing solutions. | |
| kforce.com | 1962 | Tampa, United States | – | 2,000 | Staffing, BI, and IT services are provided by Kforce. | |
| insightglobal.com | 2001 | Atlanta, United States | $6.09M | 24,854 | Staffing and managed services are provided to businesses across industries. |
Detailed competitors of Re-Sourcing
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Top companies in Human Resource & Staffing Services
10 companies that operate in the same segment as Re-Sourcing (Human Resource & Staffing Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Staffing and recruiting services connect employers with job candidates. | 2000 | Bengaluru, Karnataka, India | USD 28.39 M | USD 1.26 B | 2,470 | |
HR consulting, recruitment, and outsourcing services are offered worldwide. | 1960 | Diemen, Noord-holland, Netherlands | – | USD 27.12 B | – | |
HR management, recruitment, and staffing services are provided. | 2015 | Bengaluru, Karnataka, India | USD 15.95 M | – | – | |
Cloud-based HRMS platform is offered for small and medium businesses. | 1988 | Dublin, United States | USD 60 M | USD 5.01 B | 3,600 | |
HR, insurance, and liability services are provided by Alera Group. | 1995 | Deerfield, United States | USD 250 M | – | – | |
Provider of laboratory tests for physicians | 1969 | Burlington, Vermont, United States | – | USD 13.95 B | 70,000 | |
Provider of software development, data analytics, and other IT suite services | 1993 | Newtown Square, Pennsylvania, United States | USD 50 M | USD 5.46 B | 61,200 | |
Provider of HR and payroll & workforce management solutions | 1977 | Weston, Florida, United States | – | – | – | |
HR management services are provided by Wanted in South Korea. | 2015 | Seoul, South Korea | USD 9 M | USD 26.43 M | 179 | |
End-to-end HR services are provided globally by Gi Group. | 1998 | Milan, Lombardy, Italy | – | – | – |
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Related news about Re-Sourcing
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Frequently Asked Questions about Re-Sourcing
Re-Sourcing was founded in 2003 and raised its 1st funding round 17 years after it was founded.
Re-Sourcing is headquartered in Valhalla, United States. It is registered at Valhalla, New York, United States.
Joseph Kelly is the current CEO of Re-Sourcing.
The primary company behind Re-Sourcing, Ing Vysya Bank Limited, reported revenue of ₹2,262 Cr for FY 2024, down 0% year on year.
Re-Sourcing was founded in 2003 and is based in Valhalla, United States. Recruitment services are delivered by the company within the human resources sector. Talent sourcing and staffing solutions are handled for various industries. Operations emphasize matching candidates to roles through targeted processes. Leadership is provided by CEO Joseph Kelly, with focus maintained on domestic markets.
Re-Sourcing's top competitors include Cielo, Kelly Services and Vaco.
Re-Sourcing has made 1 acquisition, including Conexus Recruiting.
Re-Sourcing has 2 investors. Key investors include MidOcean Partners, and McNally Capital.
Re-Sourcing operates through Ing Vysya Bank Limited.
Yes. Re-Sourcing was acquired by MidOcean Partners in January 2024.
The legal entities of Re-Sourcing currently have 11 directors, including Mark Edwin Newman, Vikram Talwar, Vaughn Nigel Richtor and others.