RCM Technologies Inc. bets on corporate austerity.(South Jersey Business Journal)

PENNSAUKEN - A staffing company, expanding through acquisitions yet still not big enough to attract coverage by financial analysts, has managed to catch the eye of two prominent international investment groups.

This week, RCM Technologies Inc. was expected to have closed on its second acquisition in as many years. RCM signed a letter of intent to acquire The Consortium, a Fairfield-based company that provides temporary help to the computer and health-care industries, in a stock transaction valued at $6.5 million.

Completing the acquisition would allow RCM to break into new market segments and coincides with investments by two new large shareholders, both of which filed documents with the Securities and Exchange Commission last week indicating they had purchased …