Selling a staffing company takes more than finding someone willing to make an offer. You need a buyer who understands your customer relationships, recruiting team and business model, with the financial ability to complete the purchase.
Synergy Business Brokers has sold temporary staffing agencies, healthcare staffing businesses, IT staffing companies and specialized recruiting firms. Our completed transactions include sales to national staffing companies, strategic buyers and international purchasers.
We work with owners of profitable businesses with annual revenue from $700,000 to $250 million. With more than 20 years of experience and no upfront fees, we help you evaluate your options, market your company confidentially and negotiate the sale. We earn our fee when your business sells.
The right buyer depends on the business. Some buyers want to expand into a new region, while others are seeking an established recruiting team, a specialized customer base or additional staffing services. These completed transactions illustrate the range of staffing companies we have represented.
After building her staffing business over more than 30 years, Melissa Joseph wanted a buyer she felt comfortable taking over the company. Working with Synergy’s Joe Coculo, she received multiple offers and ultimately sold to an international buyer.
In her testimonial, Melissa describes the importance of having choices and a broker who understood her goals. Her experience offers a staffing owner’s perspective on selecting an adviser and navigating the sale of a company she had spent decades building.
Watch Melissa explain why she chose Synergy Business Brokers.
Melissa Joseph, Delmarva Temporary Staffing
Anchor Staffing operated in Maryland and Pennsylvania, serving customers across several industries. Synergy generated three offers and completed a sale at the full asking price to a national staffing company. The buyer’s broader geographic reach was a strong fit for Anchor’s national customer accounts.
This Michigan business included two healthcare staffing franchises and a related homecare franchise, generating more than $15 million in annual revenue. Synergy helped complete the sale to a strategic buyer who owned a software company serving the staffing industry. The transaction involved franchise approval, financing and a detailed review of the business’s earnings and contracts.
Staffing Resources in St. Louis had established customer relationships and repeat business. Synergy attracted multiple prospective buyers and secured a full asking price offer from an IT staffing company based in New Jersey. The acquisition expanded the buyer’s Midwest presence, with an existing team and customer base in place.
This Louisiana staffing company supplied workers to hotels and casinos. After an earlier unsuccessful attempt to sell, the owner hired Synergy. We introduced a buyer in the same industry and completed the transaction, with the seller continuing as a director after the sale.
Our completed transactions also include Near Sea Technologies in Portugal, which placed technology professionals with customers in the United States, United Kingdom, Germany, Switzerland and Portugal. This business served both smaller companies and enterprise customers.
We begin by learning how your company makes money, what keeps customers coming back and how the business operates without relying entirely on you. We review financial performance, owner compensation and business expenses to understand the earnings a buyer would be acquiring.
For a staffing company, that discussion should also address:
The mix of temporary staffing, direct placement and other services.
Customer retention, contract terms and reliance on major accounts.
The experience of your recruiters and managers.
Your industry specialties and geographic coverage.
Recent performance and opportunities for a new owner to grow the business.
Your responsibilities and the transition support you are willing to provide.
We use that information, together with relevant completed sales, to discuss a potential asking price and how to present your company’s strengths. The goal is a clear explanation of value that qualified buyers can understand and evaluate.
Our transaction experience shows why buyer selection matters. Anchor Staffing benefited from a buyer with national reach. Staffing Resources gave its acquirer an established Midwest presence. Superior Hospitality Systems found a buyer already familiar with its industry.
We consider established staffing companies, businesses in related industries, investment groups and qualified individual buyers based on your company’s size, specialty and goals. We assess their financial qualifications and reasons for pursuing the acquisition before arranging substantive discussions.
The strongest offer involves more than its headline price. We help you compare cash at closing, financing conditions, your future role and the buyer’s ability to complete the transaction.
Prepare the business for marketing. We work with you to develop an overview that explains the opportunity while protecting your company’s identity.
Introduce qualified buyers. Prospective buyers provide information about their qualifications and sign a confidentiality agreement before receiving sensitive details. We manage inquiries so you can continue running your business.
Evaluate and negotiate offers. We help you assess proposals, discuss the differences between buyers and negotiate terms that reflect your priorities.
Work through due diligence and the transition. After an offer is accepted, we help coordinate the exchange of information among the parties and their advisers as they work toward closing. Your transition responsibilities are part of the discussion, whether you want to retire or remain involved after the sale.
Learn more about our business sale process.
Whether your company specializes in temporary staffing, permanent placement, IT recruiting, hospitality or healthcare staffing, we would be glad to discuss your business and how our experience applies to your situation. We also work with owners of human resources services businesses.
Call (888) 750-5950 or request a free, confidential consultation to speak with a member of our team.
Looking to buy? View our current staffing businesses for sale.
