Staffing 360 Solutions, Inc. (Nasdaq: STAF) is an emerging public company engaged in the acquisition and successful integration of US and UK staffing agencies that place candidates in finance and accounting, administrative, engineering, information technology, and commercial staffing jobs. We bring experienced management with extensive staffing sector expertise, plus a wealth of consultants and industry partners, to execute on emerging opportunities in this high-growth sector.
The Company was originally incorporated in the state of Nevada but didn’t begin trading until 2012.
The Company acquired Cyber Security International
January & February 2014
The Company acquires Initio International (owner of Monroe Staffing and Longbridge Recruitment) and Poolia UK (F&A staffing). Brendan Flood, the principal owner of Inito International, joins the Company as Chairman of the Board.
The Company reached $41.2 million in revenue. The Company acquires PeopleSERVE (IT staffing).
July, September & November 2015
The Company acquired Lighthouse Placement Services (engineering and related trades staffing), up-listed to Nasdaq (September) and acquired The JM Group (IT staffing).
The Company had another year of significant growth culminating in $165.6 million in revenue (FYE May 2016). The Company used its Form S-3 to raise $5.3 million.
10.5% organic growth achieved for TTM December 2016 (above 9% average for 2014-2016, and well above 6% industry average).
The Company reached $180.1 million in TTM revenue (almost 4.5x its revenues in 2014), and closes $40 million of financing with a strategic partner, Jackson Investment Group, LLC.
The Company moved its domicile to the state of Delaware.
The Company acquired firstPRO 360 (F&A, IT, Engineering & Life Sciences staffing) and CBSbutler (engineering staffing).
The Company acquired Clement May (Technology & Engineering staffing) in June and Key Resources (Commercial Staffing) in August, taking the Company’s annualized revenues to $320 million.
The Company achieved its first ever Net Income Positive Result! This is a reflection of a major success point and heralds the beginning of a new chapter for Staffing 360 Solutions.
The Company refinances its balance sheet and prepares for growth.
Staffing 360 Solutions completes the acquisition of Headway Workforce Solutions. A customised contract-based workforce solutions provider operating over 50 states.