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 TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedLyneer Staffing Solutions, LLC-
Add-onCompletedAnchor Staffing, Inc.-
GrowthCompletedLyneer Staffing Solutions, LLC-

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