Hire Dynamics, a portfolio company of MSouth Equity Partners, has closed its buy of StaffMasters. Financial terms weren’t announced. StaffMasters, of Charlotte, North Carolina, is a commercial staffing provider. CHILDS Advisory Partners and Hilliard Lyons advised StaffMasters.
ATLANTA, GEORGIA (PRWEB) OCTOBER 05, 2017
Hire Dynamics, a leading commercial staffing provider in the Southeast, today announced it has completed the acquisition of StaffMasters, a leading commercial staffing provider in the Carolinas. The combined company will serve over 1500 clients and offer work to more than 38,000 people, including 900 veterans, making it one of the Top 5 staffing companies in the Southeastern U.S.
Hire Dynamics, headquartered in Atlanta with operations in Georgia, North Carolina, South Carolina, Tennessee, Alabama and Texas, was founded in 2001 by Dan Campbell and Jon Neff with the mission to be the #1 staffing company you refer to a friend. With that as their vision, Hire Dynamics now serves more than 800 clients and offers work to more than 22,000 individuals, including 600 veterans. It has earned client and talent satisfaction ratings that merit Inavero’s “Best in Staffing” award recognizing the top 2% of the 10,000+ staffing companies in the U.S. for the last eight years. Additionally, it has been voted a “Best Place to Work” by its employees in Atlanta, Charlotte, Greenville and Nashville.
StaffMasters, headquartered in Charlotte, NC, has 23 branches throughout North Carolina and South Carolina. Founded in 1982 by Richard Langdon, StaffMasters serves more than 715 clients and offers work to more than 16,000 individuals, including 300 veterans. Like Hire Dynamics, StaffMasters has received Inavero’s “Best in Staffing” award for several years, earning client and talent satisfaction ratings in the top 2% of the 10,000+ staffing companies.
“The combination of Hire Dynamics and StaffMasters is an ideal match. It brings together staffing providers known for their high service levels and their focus on the Southeastern United States,” said Larry Feinstein, CEO of Hire Dynamics. “The companies both provide support for contact centers, warehouses, administration and manufacturing, and both have growing businesses in the Carolinas. StaffMasters branches are complimentary to Hire Dynamics branches and will expand our coverage.”
“StaffMasters has a long history of focus on superior service to our clients and talent as does Hire Dynamics,” added Richard Langdon, President and CEO of StaffMasters. “We look forward to working with Hire Dynamics to implement best practices from both our companies to yet better serve our clients and talent and to accelerate our growth across the Southeast.”
The transaction closed October 2, 2017. Richard Langdon, Founder of StaffMasters, will remain an investor and will join the board of Hire Dynamics. He will work with Hire Dynamics to ensure a seamless transition of employees and operations. Hire Dynamics is owned by MSouth Equity Partners, a leading Southeast private equity company headquartered in Atlanta. CHILDS Advisory Partners andHilliard Lyons acted as exclusive financial advisors to StaffMasters.
About Hire Dynamics:
Putting an average of 5,000 people to work every week, Hire Dynamics is an industry leading provider of commercial staffing, ranked in the Top 2% of staffing companies based on client and talent satisfaction. Specializing in contact (call) centers, manufacturing facilities, logistics/e-commerce operations and office support, Hire Dynamics has been recognized by Staffing Industry Analyst’s “Best Staffing Firms to Work For,” is a nine-time winner of Inavero’s “Best of Staffing” Awards, and has been listed nine times on Inc. Magazine’s “Fastest Growing Private Companies in the U.S.” Hire Dynamics has been named a Best Place to Work for several years in all the markets where it does business.
Founded in 2001 with the mission to be the #1 staffing company you refer to a friend, Hire Dynamics now serves more than 800 clients and offers work to more than 22,000 individuals, including over 600 veterans. The company has 11 branch offices and 27 on-sites throughout the Southeast. Learn more at http://www.hiredynamics.com, on LinkedIn here, and on Facebook and Twitter @HireDynamics.
Founded in 1982 by Richard Langdon, StaffMasters is an industry leading provider of commercial staffing ranked in the top 2% of staffing companies based on client and talent satisfaction. StaffMasters has been recognized by Inavero’s Best of Staffing awards for the last 3 years. StaffMasters has 23 branches and 8 on-sites across North and South Carolina which provide support to over 715 clients’ contact (call) centers, warehouse and logistics operations, administrative services and manufacturing facilities; and offers work to more than 16,000 individuals including 300 veterans. Learn more at http://www.staffmasters.com, Linked In here and on Facebook and Twitter @staffmasters.