BG Staffing, Inc.
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BG Staffing, Inc. - overview
Established
2007
Location
Plano, TX, US
Primary Industry
Business Support Services
About
BG Staffing, Inc. provides strategic workforce solutions specializing in professional staffing across various sectors, including IT, finance, and property management, effectively connecting businesses with skilled professionals to fulfill their staffing needs. Founded in 2007 in Plano, US, BG Staffing, Inc. specializes in workforce solutions.
The company has undergone strategic shifts to enhance its service offerings. CEO Beth Garvey has led the company through these developments, focusing on expanding market reach. BG Staffing, Inc. has completed a total of 3 deals, with its most recent deal occurring on September 10, 2015.
The company went public in an IPO that raised USD 0. 00 mn, with a total amount raised of USD 0. 00 mn. BG Staffing, Inc.
specializes in providing strategic workforce solutions across various sectors, primarily focusing on professional staffing in IT, finance, accounting, human resources, and property management. Their core offerings include connecting businesses with skilled professionals to meet temporary or permanent staffing needs, addressing challenges such as talent shortages and project demands. BG Staffing serves over 9,000 businesses across multiple industries throughout the United States. The company operates through its Professional and Property Management Divisions, placing talent in all 47 states.
Their expertise encompasses recruitment and managed services that facilitate problem-solving and project completion for clients. In the most recent year, 2024, BG Staffing, Inc. reported revenue of USD 272. 50 mn and an EBITDA of USD 8.
98 mn. Revenue is generated primarily through B2B transactions involving service fees for professional placements in various sectors, including IT and property management. The company places over 30,000 candidates annually, with revenue directly linked to the volume and complexity of staffing assignments fulfilled across different sectors. BG Staffing, Inc.
is working on expanding its services and geographic reach. The company aims to introduce new products designed to enhance its workforce solutions, although specific release dates have not been disclosed. Plans are in place to target new markets across the United States in the coming years. The resources from the recent IPO will support these expansion initiatives, although further details on allocation have not been specified.
Primary Industry
Business Support Services
Sub Industries
Business Support Services, Consumer Services
Website
www.bgstaffing.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
BG Staffing, Inc. - timeline of key events
BG Staffing, Inc. - financials
| Fiscal Year Ended | Dec 29, 2013 | Dec 28, 2014 | Dec 27, 2015 | Dec 25, 2016 | Dec 31, 2017 | Dec 30, 2018 | Dec 29, 2019 | Dec 27, 2020 | Dec 26, 2021 | Dec 26, 2022 | Jan 01, 2023 | Dec 29, 2024 | Dec 28, 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 151,678,362 | 172,810,551 | 217,533,856 | 253,852,214 | 272,600,050 | 286,862,926 | 294,313,548 | 277,890,880 | 239,027,177 | - | - | - | - |
| % Revenue Growth (YoY) | - | 13.9% | 25.9% | 16.7% | 7.4% | 5.2% | 2.6% | (5.6%) | (14.0%) | - | - | - | - |
| EBITDA (USD) | 10,620,314 | 10,704,176 | 17,725,702 | 22,417,164 | 24,304,102 | 29,757,685 | 24,654,762 | 8,580,947 | 18,303,336 | - | - | - | - |
| Operating Income (USD) | 5,128,176 | 5,801,310 | 11,972,689 | 15,535,817 | 17,760,768 | 24,259,685 | 19,661,488 | 3,538,190 | 14,530,195 | - | - | - | - |
| Operating Margin | 3.4% | 3.4% | 5.5% | 6.1% | 6.5% | 8.5% | 6.7% | 1.3% | 6.1% | - | - | - | - |
| % EBITDA Margin | 7.0% | 6.2% | 8.1% | 8.8% | 8.9% | 10.4% | 8.4% | 3.1% | 7.7% | - | - | - | - |
| NET Income (USD) | 8,298,269 | (428,864) | 5,347,408 | 6,882,407 | 5,848,434 | 17,549,541 | 13,246,990 | 1,441,468 | 14,109,478 | - | - | - | - |
| % Net Margin | 5.5% | (0.2%) | 2.5% | 2.7% | 2.1% | 6.1% | 4.5% | 0.5% | 5.9% | - | - | - | - |
BG Staffing, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | EdgeRock Technology Partners | - | ||||||||
| Private Debt | Completed | BG Staffing, Inc. | - | ||||||||
| IPO | Completed | BG Staffing, Inc. | - | ||||||||
| Add-on | Completed | InStaff Holding Corporation | - | ||||||||
| Add-on | Completed | American Partners Inc | - |
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BG Staffing, Inc. - employee data
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