Lyneer Staffing Solutions, LLC
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Lyneer Staffing Solutions, LLC - overview
Established
1995
Location
Lawrenceville, NJ, US
Primary Industry
Outsourcing
About
Located in New Jersey, Lyneer Staffing Solutions provides specialized staffing services, focusing on temporary and contract placements across various industries to meet operational needs. Founded in 1995 in Lawrenceville, US, Lyneer Staffing Solutions offers staffing services tailored to various industries. In September 2021, Lyneer was acquired by IDC Technologies, Inc. from Palm Beach Capital, with the acquisition aiming to support business growth and expansion.
The current CEO is Todd McNulty. Lyneer Staffing Solutions specializes in comprehensive staffing services across multiple sectors, focusing on temporary and contract placements. They provide workforce management solutions tailored to the specific needs of clients, leveraging a national network of local offices across the United States. Their clientele includes diverse industries such as logistics, manufacturing, and healthcare, ensuring access to qualified personnel for businesses of all sizes.
Lyneer Staffing Solutions generates revenue primarily through B2B transactions, charging service fees for each placed associate. This transactional structure varies based on the skills required and the employment duration. Their revenue model focuses on building long-term client relationships, contributing to consistent service delivery and repeat business. With the acquisition by IDC Technologies, Inc.
in September 2021, Lyneer Staffing Solutions plans to enhance its business growth and expansion. Specific details on upcoming products or market expansion have yet to be disclosed, but the acquisition supports these strategic goals, emphasizing the company's commitment to strengthening its operational capabilities and market presence.
Current Investors
Palm Beach Capital
Primary Industry
Outsourcing
Sub Industries
Business Support Services, Recruitment/Executive Search, HR & Workforce Software
Website
www.lyneer.com/
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Lyneer Staffing Solutions, LLC - 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 | Lyneer Staffing Solutions, LLC | - | ||||||||
| Add-on | Completed | Anchor Staffing, Inc. | - | ||||||||
| Growth | Completed | Lyneer Staffing Solutions, LLC | - |
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