Any experience with staffing/placement agencies?

searcher profile

February 10, 2023

by a searcher from Harvard University - Harvard Business School in Westchester County, NY, USA

Does anyone have any experience with buying a staffing or placement agency? The business places specialized employees and has government and aerospace & defense contracts. I'm starting conversations with the seller and I'd love to learn more about the industry from someone with experience. Reply in the comments and I'll reach out.

1
11
146
Replies
11
commentor profile
Reply by a lender
in United States
I have funded several staffing agency change of owner loan projects with the SBA and as recent as last year, which included the owner occupied real estate. Franchise resale agencies, and non-franchise. As mentioned in thread, yes, they tend to be very cash flow strong if located in the right market. I partner with several bank and non-bank SBA lenders whom I have personally known over the years, finding the best capital loan structure for my clients.
commentor profile
Reply by an intermediary
from University of Richmond in Richmond, VA, USA
Thanks for the tag, Luke. Worked on a few recruiting/staffing deals. Buyers should carefully review and completely understand requisite qualifications, performance requirements, payment terms and transfer process for government and aerospace & defense contracts. Glad to chat.
commentor profile
+9 more replies.
Join the discussion