About Staffing 360 Solutions

Staffing 360 Solutions, Inc., a staffing company, engages in the acquisition of the United States (U.S.) and the United Kingdom (U.K.) based staffing companies. As a rapidly growing public company in the international staffing sector, the company's high-growth business model is based on finding and acquiring, suitable, mature, profitable, operating, domestic and international staffing companies. The company's targeted consolidation model focuses specifically on the accounting and finance, information technology (IT), engineering, administration, and light industrial disciplines. As part of its consolidation model, the company pursues a broad spectrum of staffing companies supporting primarily accounting and finance, IT, engineering, administration (collectively, the Professional Business Stream) and commercial (Commercial Business Stream) disciplines. The company's typical acquisition model is based on paying consideration in the form of cash, stock, earn-outs and/or promissory notes. In furthering its business model, the company is regularly in discussions and negotiations with various suitable, mature acquisition targets. As of December 31,2022, the company had completed 11 acquisitions since November 2013. The company considers itself a temporary staffing company within the broader staffing industry. However, the company provides permanent placements at the request of existing clients and some consulting services clients. Major end-use customers include businesses from a wide range of industries, such as manufacturing, construction, wholesale and retail. History The company was incorporated in the state of Nevada in 2009. The company was formerly known as Golden Fork Corporation and changed its name to Staffing 360 Solutions, Inc. in 2012. In 2017, the company changed its domicile to the state of Delaware.