M&A Deal Summary

Elwood Staffing Acquires BelFlex Staffing Network

On January 22, 2024, Elwood Staffing acquired staffing company BelFlex Staffing Network

Acquisition Highlights
  • This is Elwood Staffing’s 15th transaction in the Staffing sector.
  • This is Elwood Staffing’s 15th transaction in the United States.
  • This is Elwood Staffing’s 1st transaction in Ohio.

M&A Deal Summary
Date 2024-01-22
Target BelFlex Staffing Network
Sector Staffing
Buyer(s) Elwood Staffing
Deal Type Add-on Acquisition

Target

BelFlex Staffing Network

Cincinnati, Ohio, United States
BelFlex Staffing Network is a provider of staffing and flexible workforce solutions to distribution and manufacturing companies in the Midwest and Southeast that value its deep industry knowledge, recruiting expertise, commitment to compliance, and partnering approach to improving productivity. BelFlex Staffing Network was founded in 1989 and is based in Cincinnati, Ohio.

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Buyer(S) 1

Buyer

Elwood Staffing

Columbus, Indiana, United States
Category Company
Founded 1980
Sector Staffing
DESCRIPTION

Elwood Staffing is a staffing firm that provides talent based solutions and actionable workforce intelligence.

DEAL STATS #
Overall 15 of 15
Sector (Staffing) 15 of 15
Type (Add-on Acquisition) 14 of 14
State (Ohio) 1 of 1
Country (United States) 15 of 15
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-22 Naos

Tuscaloosa, Alabama, United States

Naos is a regional provider of on-site contingent staffing and workforce management solutions. Naos is based in Tuscaloosa, Alabama.

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