PE-backed Intelligence To Buy HK Consulting Group

Intelligence LTD., KKR-backed staffing agency, announced that Intelligence acquired Staffing Consultancy Ltd. and its group company, which provide human resource services in HK and mainland China. Intelligence's Chinese operations currently focuses on staffing services. With this acquisition, they will be able to provide comprehensive HR services. The US giant buyout shop KKR acquired Intelligence for $356 million in June 2010. Since then KKR has supported its efforts to cultivate international labor markets.