CRS Group
CRS Group is a technology company.
Financial History
CRS Group has raised $1.0M across 1 funding round.
Frequently Asked Questions
How much funding has CRS Group raised?
CRS Group has raised $1.0M in total across 1 funding round.
CRS Group is a technology company.
CRS Group has raised $1.0M across 1 funding round.
CRS Group has raised $1.0M in total across 1 funding round.
CRS Group has raised $1.0M in total across 1 funding round.
CRS Group's investors include Flexcap, Tenacity Venture Capital, TMV, Ethan Austin, Nelson Chu, Rudra Peram.
CRS Group is a staffing and recruitment firm, not a technology company in the sense of developing software or hardware products, but rather providing workforce solutions including IT staffing to Fortune 1000 companies across multiple industries.[2][3] Founded in 1994 and headquartered in Itasca, IL, it specializes in delivering talent for IT and non-IT roles, with a focus on personalized partnerships, and was acquired by Epitec, Inc. in December 2021 for approximately $150 million to bolster technological and industrial capabilities.[2][3] Note that search results also reference a separate Irish entity (also CRS Group, founded 1992) in temperature-controlled refrigeration storage, acquired in 2024 by Coolworld Rentals, serving food, pharma, and retail—but this appears distinct from the U.S. staffing firm based on location, operations, and acquisition details.[1]
As a staffing provider, CRS Group serves large enterprises needing skilled professionals in areas like DevOps, data security, and software development, solving talent shortages through its recruitment model and technologies such as AWS, Salesforce, and Angular.[2] Post-acquisition, it employs 1,000-5,000 people, emphasizing stable financials, minority-owned status, and growth in industrials via Epitec synergies, with recent profitability improvements (e.g., linked net income recovery to $95.4M in Q3 2025).[3]
CRS Group, originally Computer Resource Solutions, was founded in 1994 as a privately held IT staffing company in Itasca, IL, targeting Fortune 1000 clients nationwide.[2] It expanded in 2004 with CRS Professional, a non-IT division, responding to client demands for similar high-quality service in other areas, achieving full operations by 2005 with a dedicated staff and adapted business model.[2]
A pivotal moment came on December 31, 2021, when Epitec, Inc. acquired it for ~$150M, enhancing tech capabilities and market reach in industrials; both are minority-owned with strong community ties and no major legal issues.[3] This acquisition, positively received by shareholders, supported stable credit (beta ~1.1) and positioned CRS for integrated growth without regulatory hurdles.[3]
CRS Group rides the persistent tech talent shortage trend, exacerbated by digital transformation demands in AI, cloud (e.g., AWS), and cybersecurity, providing scalable staffing to Fortune 1000 firms amid a competitive labor market.[2] Timing aligns with post-2021 recovery and acquisitions fueling consolidation in staffing, where Epitec's buyout capitalizes on industrials' growth and stable financials amid economic volatility.[3]
Market forces like rising DevOps/security needs and tech investments (e.g., in Kotlin, Angular) favor it, influencing the ecosystem by bridging skill gaps—enabling faster team builds (e.g., 5-month "Building Team" postings) and supporting U.S. innovation without in-house hiring burdens.[2] It indirectly shapes tech by staffing projects in big data (MapR), CRM (Salesforce), and CI/CD, though distinct from pure tech product firms.[2]
Under Epitec, CRS Group is poised for expanded industrial-tech staffing, leveraging acquisition synergies for deeper tech hiring in security, DevOps, and cloud amid ongoing talent wars.[3][2] Trends like AI-driven recruitment, remote work evolution, and regulatory pushes for data privacy will shape it, potentially growing via more M&A or tech platform investments.
Its influence may evolve from niche IT staffing to a broader workforce enabler, sustaining profitability (building on 2025 gains) while navigating economic cycles—ultimately reinforcing its role as a reliable talent pipeline in a talent-scarce tech ecosystem.[3] This positions CRS Group as a steady, behind-the-scenes player rather than a flashy innovator, tying back to its core strength in human capital solutions.[2]
CRS Group has raised $1.0M across 1 funding round. Most recently, it raised $1.0M Seed in June 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2022 | $1.0M Seed | Flexcap, Tenacity Venture Capital, TMV, Ethan Austin, Nelson Chu, Rudra Peram |