Mergers happen all the time, but rarely are they as notable as when Atlanta’s First Step Staffing acquired LGS Staffing in December 2015. At the time of the acquisition, LGS, a for-profit company, was 10 times larger than First Step, a nonprofit that operates as a staffing agency for individuals experiencing homelessness. A smaller firm’s purchase of a large one is an uncommon occurrence, but even less common is a blended entity that emerges stronger than ever. Time will tell, but nearly one year out, First Step is a rousing success story, and one Goizueta wanted to explore at its most recent nonprofit panel, Thursday, Nov. 10.

Read more: http://www.emorybusiness.com/2016/11/13/panel-highlights-firms-business-social-mission/

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