StaffMasters
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StaffMasters - overview
Established
1982
Location
Charlotte, NC, US
Primary Industry
Consumer Services
About
StaffMasters is a professional staffing solutions firm that specializes in connecting businesses with qualified temporary and permanent staff, enhancing workforce efficiency across various industries. Established in 1982, StaffMasters operates in Charlotte, US, providing staffing solutions tailored to client needs. The company was acquired by Hire Dynamics in October 2017. Founded by industry professionals, StaffMasters has maintained a steady focus on quality service and client satisfaction.
StaffMasters specializes in delivering a comprehensive array of staffing solutions, including temporary staffing, permanent placement, and workforce management services. They cater primarily to industries such as manufacturing, logistics, and administrative support, allowing businesses to optimize their human resources effectively. Their services are available across multiple geographical locations, focusing on delivering qualified candidates to companies seeking reliable staffing solutions. StaffMasters generates revenue through service fees associated with staffing placements, structured on a per-hire basis, as well as ongoing management solutions for clients.
Their pricing model accommodates various client needs, ensuring flexibility for both small enterprises and larger corporations. Looking ahead, StaffMasters aims to introduce new technology-driven staffing solutions by Q4 of 2023, enhancing their service offerings. The company is also planning to expand its operations into the Southeast and Midwest regions of the US within the next two years, aiming to capture a broader market share. Recent funding from the acquisition has been allocated to support these expansion efforts and the development of new staffing technologies.
Current Investors
Hire Dynamics, LLC
Primary Industry
Consumer Services
Sub Industries
Consumer Services, HR & Workforce Software
Website
www.staffmasters.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
StaffMasters - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | StaffMasters | - |
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