In the first quarter of 2016, 36 different buyers completed 37 staffing industry M&A transactions, representing a 48% increase over last year, according to a new report from Duff & Phelps. This marks the third consecutive quarter with over 35 announced staffing M&A transactions, a level not seen since 2007, says the report “Staffing Industry M&A Landscape – Q1 2016.” D&P also reports that privately held staffing buyers accounted for 95% of the acquisitions in the first quarter of 2016, while public buyers completed 5%. IT staffing continues to be the most active staffing M&A sector, with 10 transactions reported in the first quarter of 2016.

Extra: Valuators and M&A pros will rub shoulders at Transaction Advisors’ M&A Conference on May 12 in San Francisco. When you register, use special code “BVRGuest” for a $100 discount.