MWIDM Split Into MWIDM & Pacer Staffing

MWIDM, Inc. has announced they will be divesting a portion of their business to Pacer Staffing. MWIDM has been in business since 2013 based on a partnership between its owners. Chanel and Vinny have decided to split their partnership into two separate companies. Pacer Staffing, 100% owned by Vinny Dhillon, will be taking over half of the clients/customers as of November 1, 2021. All clients will be notified individually as to which company (MWIDM or Pacer) they have been aligned.
1. Outline of the Company Split:
Important Dates:
Approval Date of the agreement of the company split by the Owners of MWIDM Inc.
October 15, 2021
Date of Execution of the company split Agreement
October 22, 2021
Effective Date of the company split (Scheduled)
November 1, 2021
2. Company Split Method:
3. Outline of the Companies involved in the Company Split:
Name
MWIDM
Pacer Staffing
Location
301 Lindenwood Drive, Suite 110, Malvern, PA 19096
1445 City Ave, Suite 10B
Wynnewood, PA 19096
Position and Name of the Representative
Chanel Pennick
President & CEO
Vinny Dhillon
President & CEO
Scope of Business
Staffing & Recruitment Services
Staffing Services, RPO, Payroll and Total Talent Solutions
Fiscal year-end
December 31
December 31
4.  Outlook for the Future:
Both companies expect no impact to delivery for any clients as the split was based on client alignment with no changes made to the delivery teams by either of the companies. Dedicated teams will continue servicing their clients, business as usual.
Source: MWIDM