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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): September 5, 1997
ROMAC INTERNATIONAL, INC.
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(Exact name of registrant as specified in its charter)
Florida 0-26058 59-3264661
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
120 West Hyde Park Place, Suite 150, Tampa, Florida 33606
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (813) 251-1700
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N/A
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(Former name or former address, if changed since last report)
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ITEM 2. ACQUISITION OR DISPOSITION OF ASSETS.
On September 5, 1997, Romac International, Inc. ("Romac") entered into a
stock purchase agreement (the "Agreement") with the shareholders of Uni*
Quality System Solutions, Inc. ("UQ Solutions"), to purchase all of the
outstanding capital stock of UQ Solutions. UQ Solutions, an Illinois
corporation, is a business engaged in providing information technology
personnel on a contract basis. The purchase price, which was determined
pursuant to negotiations between the parties, is approximately $19.6 million
and is subject to adjustment upon attainment of certain operating results. The
purchase price is also subject to certain indemnity obligations contained in
the Agreement. The transaction was financed with the proceeds of Romac's
secondary public offering, which have been invested in short-term government
securities since May 1996.
The foregoing is subject to the actual provisions of the above-referenced
Stock Purchase Agreement, which is incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(a) FINANCIAL STATEMENTS OF BUSINESS ACQUIRED. It is impracticable to
provide the financial statements relative to the acquired business described in
Item 2 at the time this report on Form 8-K is filed. The Registrant intends to
file the required financial statements as soon as practicable, but no later
than 60 days from the date of this filing.
(b) PRO FORMA FINANCIAL INFORMATION. It is impracticable to provide the
pro forma financial information relative to the acquired business described in
Item 2 at the time this report on Form 8-K is filed. The Registrant intends to
file the require pro forma financial information as soon as practicable, but no
later than 60 days from the date of filing.
(c) EXHIBITS.
Exhibit Number Description
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2.1 Stock Purchase Agreement between Romac International,
Inc. and The Sellers of Uni* Quality Systems Solutions,
Inc.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
ROMAC INTERNATIONAL, INC.
(Registrant)
By: /s/ Thomas M. Calcaterra
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Thomas M. Calcaterra, Chief Financial
Officer and Secretary
Date: September 19, 1997
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