Synergistic Recruiting, Staffing & Staff Augmentat

Chicago, IL
Cook County

Asking Price: Annual Revenue:
Not Disclosed $62,500,000

Services: Human Resources & Staffing

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RE: Synergistic Recruiting, Staffing & Staff Augmentat Broker: Rick Carlson
License #: 01820673
Owner Financing is Available!
If the price and deal structure is right.

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $62,500,000
Net Profit: Not Disclosed
Cash Flow: $10,000,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2015
Employees: 40
BBN Listing #: 469827574
Broker Reference #: 1078 Staffing

Email or Print Listing

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Business Overview:

ProNova Partners represents a symbiotic and dual-threat enterprise that focuses on the recruiting, staffing, staff augmentation, and operational consulting needs of a wide variety of end markets with a core vertical / focus in the manufacturing sector. Although there are 2 companies that are marketed separately to clients in the marketplace, they actually feed one another business regularly and are complementary. The combined entity is for sale and is the subject of this transaction.

The executive team and shareholders have a combined level of experience of over 400 years in this industry and are looking to team up with a supportive capital partner (minority or majority) to assist them in scaling or become a platform for an acquisitive private equity group or family office that wants to pursue an aggressive buy-and-build strategy. The Company is already in talks with 5 acquisition candidates as of ‘Q4 2022 with more low hanging fruit available to it with the right partner to assist them in deal execution.

The Company has a nationwide client base, with nearly 100% of the work being in the United States, and serviced with United States employees and 1099 contractors. Total team all-in inclusive of all W2 and 1099 folks in the field surpasses 350. Most of the Company’s placements fall in the manufacturing sector, which can run the gamut of assembly line operators all the way to C-suite, but they are active in other verticals as well. Vertical expansion within manufacturing (outside of their core focus which is automotive, trucking, and related mobility fields) is a significant long term growth opportunity. The Company seeks a buyer that will also aid and promote horizontal expansion to other verticals which should be key growth drivers for the Company post-closing & looking forward to 2023 and beyond. Tremendous opportunities abound so long as the right partner is identified so the Company can take advantage of all of the runways available to it.

NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

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Property Features and Assets:

In Executive Summary, NDA Required.

Market Competition and Expansion:

Competition: No other competitor combines the breadth of industry expertise across the org. chart and yet is nimble enough to address the just-in-time needs of the client base at the factory floor level. Growth & Expansion: Perfect platform play, see description above highlights just a few opportunities, the Executive Summary covers more of this, NDA Required.

Reason for Selling:

Primarily team up with a larger entity to scale to.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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