Select Staffing and EmployBridge complete merger
The newly merged company stated, "This combination has unrivaled scale and reach, with enhanced opportunities to deliver value to its clients through its broad portfolio of specialized staffing solutions, including solutions for manufacturing, logistics, transportation and professional services. The combined company features tenured leadership throughout the organization."
Tom Bickes has assumed the role of Chief Executive Officer and member of the Company’s Board of Directors. Paul Sorensen is President and Shawn Poole serves as Executive Vice President and Chief Financial Officer.
“The foundation of this great combination will be a set of values and a common culture that will help us attract and retain the best talent, clients, and field employees in our industry. Additionally, our combined coverage and scale will enhance our opportunity to serve all of our clients across all of their locations. While we may be the largest provider in our space, ultimately, we’re committed to being the best provider in our industry for our clients, our talent and our staff,” said Tom Bickes, Chief Executive Officer.
“We’re delighted to officially be one family and one team. Now, we are focused on the exciting work of leveraging our combined strengths to drive growth for our clients, colleagues, franchisees and associates,” said Paul Sorensen, President. “Together, we are stronger, and I look forward to our bright future ahead.”
“The new company is well positioned for sustained growth,” said Shawn Poole, Executive Vice President and Chief Financial Officer. “We have the enthusiastic support of our investors and equity partners. Our consolidated financial strength will allow us to expand on the outstanding systems and services we provide across a broad spectrum of industries and geographies. And our experienced teams are eager to combine the best practices of each brand into an industry leading operation.”
The new company will continue to operate in the local markets under its existing brand names. The Company will be headquartered in Atlanta, GA with significant corporate operations centers in Santa Barbara, CA, Irving, TX and other centers in the U.S.
Credit Suisse served as financial advisor and Milbank, Tweed, Hadley & McCloy LLP served as legal counsel to Select Staffing. William Blair & Company served as financial advisor and Debevoise & Plimpton LLP served as legal counsel to EmployBridge.
Headquartered in Atlanta, GA, the combined entity is a leading provider of specialty staffing services to the logistics, manufacturing, transportation and professional sectors. Serving nearly 20,000 customers with more than 490 branch and on-site locations across North America,