Milwaukee-based workforce solutions company ManpowerGroup announced that it has sold its Jefferson Wells business unit to Naperville, Illinois-based professional services firm Sikich for $100 million.

Jefferson Wells is a professional services firm providing finance and accounting, internal audit, risk and compliance, and tax services. It has $76 million in U.S. revenue in 2025.

The transaction closed Thursday. ManpowerGroup said it plans to use proceeds from the deal to strengthen its balance sheet.

“This transaction is a great outcome for our clients and shareholders as we continue to refine the portfolio to prioritize investments as part of our ongoing transformation,” said Jonas Prising, ManpowerGroup chairman and CEO. “As we move forward, we are focused on our core business—growing our Manpower, Experis, and Talent Solutions brands, while continuing to connect people to sustainable work and support clients in building the skilled workforces they need to succeed.”

“This acquisition enhances existing capabilities across our business, including deep expertise in risk and compliance, finance and accounting, and tax, making Jefferson Wells an ideal fit as we continue to scale,” said Sikich chairman and chief executive officer Christopher Geier. “Both teams share a conviction of a people first culture and the belief that clients deserve practical, actionable solutions delivered at the highest level of quality.”