Flood to participate in panel discussion on staffing industry growth trends; Share insights into company’s burgeoning “buy and build” strategy
NEW YORK, Oct. 30, 2017 (GLOBE NEWSWIRE) -- Staffing 360 Solutions, Inc. (Nasdaq:STAF), a public company executing a global buy-and-build strategy through the acquisition of staffing organizations in the United States and in the United Kingdom, today announced that Executive Chairman Brendan Flood will be a featured panelist at Mishcon de Reya’s “Growth, Profitability and Exit” event on Wednesday, November 8.
The event aims to provide actionable advice to management teams of recruitment companies seeking to upscale their current operations. The panel will bring together leaders from across the staffing landscape to discuss growth strategies, investment options, value optimization and legal pitfalls in the recruitment and staffing industries. Flood is expected to share his personal insights into Staffing 360’s own buy-and-build approach as well as how other organizations can execute a similar strategy.
Flood was asked to participate in the panel following Staffing 360’s transformative acquisitions of staffing organizations firstPRO Georgia in the United States and CBSbutler in the United Kingdom. The company’s participation also comes on the heels of an impressive third quarter results announcement, including a 9% increase in company revenue and an 11% increase in gross profit.
The “Growth, Profitability and Exit” panel discussion will be held 8 November at the Africa House in London. To view the event details, please click here or RSVP directly here no later than Friday 3 November 2017.
About Staffing 360 Solutions, Inc.
Staffing 360 Solutions, Inc. (NASDAQ:STAF) is a public company in the staffing sector engaged in the execution of a global buy-and-build strategy through the acquisition of domestic and international staffing organizations in the US and UK. The Company believes the staffing industry offers opportunities for accretive acquisitions that will drive its annual revenues to $500 million. As part of its targeted consolidation model, the Company is pursuing acquisition targets in the finance and accounting, administrative, engineering and IT staffing space. For more information, please visit: www.staffing360solutions.com.
Certain matters discussed within this press release are forward-looking statements including, but not limited to the timing and ability to enter into any additional acquisitions and expand our business, as well as the size of future revenue or trading volume or future access to capital markets. Although Staffing 360 Solutions, Inc. believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Specifically, in order for the Company to achieve annualized revenues of $500 million, the Company will need to successfully raise sufficient capital, to consummate additional target acquisitions, successfully integrate any newly acquired companies, organically grow its business, successfully defend any potential future litigation, as well as various additional contingencies, many of which are unknown at this time and generally out of the Company's control. The Company can give no assurance that it will be able to achieve these objectives. Staffing 360 Solutions does not undertake any duty to update any statements contained herein (including any forward-looking statements), except as required by law. Factors that could cause actual results to differ materially from expectations include general industry considerations, regulatory changes, changes in local or national economic conditions, our ability to access the capital markets on terms acceptable to us, or at all, our ability to comply with our contractual covenants, including in respect of our debt and other risks detailed from time to time in Staffing 360 Solutions' reports filed with the SEC, including quarterly reports on Form 10-Q, reports on Form 8-K and annual reports on Form 10-K.
Corporate Investor Contact:
Staffing 360 Solutions, Inc.
Brendan Flood, Executive Chairman
Staffing 360 Solutions, Inc.
David Faiman, Chief Financial Officer
About Mishcon de Reya
Mishcon de Reya is a law firm with offices in London and New York. It has a dedicated Recruitment Services Group made up of recruitment specialists from its corporate, employment and litigation practices. The firm acts for numerous high-profile recruitment clients on the most important matters they face, and understands the dynamics of today’s increasingly complex, competitive and global recruitment environment.
Mishcon de Reya's clients are dynamic and sophisticated and the firm reflects that in its belief in challenging the conventional or accepted ways of working.
For more information, please visit: https://www.mishcon.com/services/recruitment-services
Mishcon de Reya
Nick Davis, Head of Corporate and Recruitment Services Group
+44 20 3321 7435
Source:Staffing 360 Solutions, Inc.