StaffMasters

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

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 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)
Add-onCompletedStaffMasters-

Displaying 1 - 1 of 1

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.