Mission Mining Co. (OTC: MISM), which does business as Futuris Co., announced Thursday that it acquired a 100% stake in Pioneer Global Inc., a Chantilly, Virginia-based staffing provider specializing in IT.
Pioneer Global provides employment to more than 100 people annually and had $5 million in sales during the last 12 months.
“The acquisition of Pioneer Global marks the first strategic acquisition of Futuris Company and falls in line with our mission to build out a robust staffing services platform,” said Kalyan Pathuri, president of Futuris.
Terms of the transaction were not announced.
Futuris itself is a staffing provider in the medical and IT segments as well as a publicly traded firm on the OTC. It has headquarters in Rockville, Maryland; Chantilly, Virginia; and Ashburn, Virginia.