M&A Deal Summary

Hire Dynamics Acquires StaffMasters

On October 2, 2017, Hire Dynamics acquired staffing company StaffMasters

Acquisition Highlights
  • This is Hire Dynamics’ 1st transaction in the Staffing sector.
  • This is Hire Dynamics’ 1st transaction in the United States.
  • This is Hire Dynamics’ 1st transaction in North Carolina.

M&A Deal Summary
Date 2017-10-02
Target StaffMasters
Sector Staffing
Buyer(s) Hire Dynamics
Deal Type Add-on Acquisition

Target

StaffMasters

Charlotte, North Carolina, United States
StaffMasters is a provider of commercial staffing ranked in the top 2% of staffing companies based on client and talent satisfaction. StaffMasters has been recognized by Inavero’s Best of Staffing awards for the last 3 years. StaffMasters has 23 branches and 8 on-sites across North and South Carolina which provide support to over 715 clients’ contact (call) centers, warehouse and logistics operations, administrative services and manufacturing facilities; and offers work to more than 16,000 individuals including 300 veterans.

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Buyer(S) 1

Buyer

Hire Dynamics

Duluth, Georgia, United States
Category Company
Founded 2001
Sector Staffing
DESCRIPTION

Hire Dynamics is a staffing provider with 12 branch offices and 22 on-site locations throughout the Southeast. Hire Dynamics now serves more than 550 clients and offers work to more than 22,000 individuals, including 300 veterans. Hire Dynamics was founded in 2001 and is based in Duluth, Georgia.

DEAL STATS #
Overall 1 of 4
Sector (Staffing) 1 of 4
Type (Add-on Acquisition) 1 of 4
State (North Carolina) 1 of 1
Country (United States) 1 of 4
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-03-02 Hire Dynamics Rx

Suwanne, Georgia, United States

Hire Dynamics Rx (HDRx) specializes in the placement of pharmacists and pharmacy technicians in all practice settings, including hospital, retail, long-term care and pharmacy call centers. The company contracts with pharmacists and pharmacy technicians on short and long-term assignments.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-03 Trace Staffing Solutions

Savannah, Georgia, United States

Trace Staffing Solutions is a provider of commercial staffing in the Southeastern United States. Trace focuses on being a long term employment solutions provider for both its employees and clients. Trace, with sixteen offices spread primarily throughout the Southeast US, focuses on five staffing segments: Manufacturing and Distribution, Office Professional, Healthcare, Legal and Hospitality. Trace Staffing Solutions was is based in Savannah, Georgia.

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Mergr

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Company

Legal