BROOKFIELD, WI – April 30, 2013 – Pinstripe, Inc., the world’s leading pure-play recruitment process outsourcing (RPO) provider, today announced its position as a Leader and Star Performer in the Everest Group Global PEAK Matrix, published in the April 2013 Recruitment Process Outsourcing – Service Provider Landscape and Capability Assessment report. Pinstripe was classified as a Leader for its market success and delivery capabilities around scale, scope and technology capabilities.
“This acknowledgment is a tribute to our culture of dedicated, motivated employees who are committed to meeting our clients’ talent acquisition needs and becoming their trusted partner,” said Sue Marks, CEO of Pinstripe. “Our continued greater-than-market growth is a direct result of providing quality talent, cutting-edge tools and technologies, and strategic talent strategies that help our clients achieve exceptional results in the increasingly complex markets they serve.”
Issued annually, the Everest Group’s PEAK Matrix report evaluated 25 established RPO service providers based on the absolute as well as relative year-on-year movement for specific criteria, such as market success, scale, scope, technology capability and delivery footprint. The providers were then categorized into three categories: Leaders, Major Contenders, and Emerging Players. In addition to being identified as a Leader and Star Performer, Pinstripe was specifically acknowledged for its proprietary hiring experience management solution, the Impression Center.
“Pinstripe has demonstrated significant and impressive market growth this year,” said Rajesh Ranjan, leader of Everest Group's Business Process Outsourcing research program. “The Pinstripe team has built a strong market presence, as well as exhibited some of the key characteristics that make a Leader: robust technologies, scalable RPO delivery capabilities and an agile infrastructure. Additionally, Pinstripe’s professionals show strong commitment to delivering quality talent to the clients they serve.”
Pinstripe’s success has been recognized industry-wide. The firm was recently ranked as a “10 Best” RPO Provider by the Outsourcing Institute, has received five consecutive rankings on HRO Today magazine’s “Baker’s Dozen” list and was identified as a 2012 RPO Star Performer in the Everest Group PEAK Matrix. Pinstripe also received the 2012 North America Recruitment Customer Relationship of the Year award from the Human Resources Outsourcing Association and entered into a successful partnership with private equity firm Accel-KKR, reaffirming Pinstripe’s independent position among RPO providers.
Everest Group Methodology
Everest Group’s PEAK Matrix is a framework to assess market success and overall capability of service providers. Service providers are positioned on the RPO PEAK Matrix in three categories – Leaders, Major Contenders, and Emerging Players - based on evaluation across two key dimensions
• Market success measured by the number of RPO clients, revenues, and number of hires managed/year
• Delivery capability measured by scale, scope, technology capability, delivery footprint, and buyer satisfaction
Additionally, Everest Group designates the Star Performer title to providers that demonstrate strongest forward movement year-on-year along the two dimensions on the PEAK Matrix.