Staffing 360 Solutions Launches New UK Brand – Butler, Bridge & May – Professional Business Administration
July 14 2022 - 08:36AM
Staffing 360 Solutions, Inc. (NASDAQ: STAF), a company executing an
international buy-integrate-build strategy through the acquisition
of staffing organizations in the United States and the United
Kingdom, announced today that it has launched Butler, Bridge &
May, a new Professional brand and first organic brand launch in the
UK.
Butler, Bridge & May was created as a result
of Staffing 360’s (S360) response to ongoing client demand for a
broader range of services for Professional administrative roles.
The new brand will initially focus on the placements of Executive
Assistants, Talent Acquisition Managers and Human Resource
professionals via contract or permanent engagement.
Partnership with existing S360 UK-based brands
CBSbutler, The JM Longbridge Group and Clement May will be a vital
cornerstone to the success of the new professional brand. Butler,
Bridge & May was named as a nod to each of those successful and
well-established S360 brands.
Alicia Barker, Chief Operating Officer of
Staffing 360 Solutions, said that “Our overall strategy to
accelerate growth came together perfectly with this opportunity to
broaden our ability to provide value and address our clients’ human
capital needs in multiple areas of their businesses. Butler, Bridge
& May is already delivering on that need with several
placements under our belt.
“Our newest professional brand delivers on our
initiatives to broaden offerings and become a deeper resource for
our existing clients and new clients. We are excited to launch some
unique sales programs to develop relationships and we are thrilled
to have the leadership of a seasoned staffing veteran, Senior VP
Allison Drake, at the helm.”
Barker concluded, “We believe that scale and
technology are two of the key components required of the future
leading human capital providers. Our new professional brand builds
on our expanding scale on the heels of the recently announced
accretive acquisition of Headway Workforce Solutions.”
Allison Drake, SVP, said, “With energy and
enthusiasm, we have hit the ground running to meet our clients’
needs. Our ongoing commitment to appointing women to leadership
positions with diversity, equity & inclusion is at the
forefront of this brand.
“We anticipate bringing additional internal
resources to Butler, Bridge & May, and subsequently expanding
our specialized service offerings to recruit other support
professionals including marketing managers, compliance specialists
and other administrative functions,” said Drake.
About Staffing 360 Solutions,
Inc.Staffing 360 Solutions, Inc. is engaged in the
execution of an international buy-integrate-build strategy through
the acquisition of domestic and international staffing
organizations in the United States and United Kingdom. The Company
believes that the staffing industry offers opportunities for
accretive acquisitions and as part of its targeted consolidation
model, is pursuing acquisition targets in the finance and
accounting, administrative, engineering, IT, and light industrial
staffing space. For more information, visit
http://www.staffing360solutions.com. Follow Staffing 360 Solutions
on Facebook, LinkedIn and Twitter.
Forward-Looking StatementsThis
press release contains forward-looking statements, which may be
identified by words such as "expect," "look forward to,"
"anticipate," "intend," "plan," "believe," "seek," "estimate,"
"will," "project" or words of similar meaning. Forward-looking
statements are not guarantees of future performance, are based on
certain assumptions and are subject to various known and unknown
risks and uncertainties, many of which are beyond the Company's
control, and cannot be predicted or quantified; consequently,
actual results may differ materially from those expressed or
implied by such forward-looking statements. Such risks and
uncertainties include, without limitation, our ability to retain
our listing on the Nasdaq Capital Market; market and other
conditions; the geographic, social and economic impact of COVID-19
on the Company’s ability to conduct its business and raise capital
in the future when needed; weakness in general economic conditions
and levels of capital spending by customers in the industries the
Company serves; weakness or volatility in the financial and capital
markets, which may result in the postponement or cancellation of
customer capital projects or the inability of the Company’s
customers to pay the Company’s fees; the termination of a major
customer contract or project; delays or reductions in U.S.
government spending; credit risks associated with the Company’s
customers; competitive market pressures; the availability and cost
of qualified labor; the Company’s level of success in attracting,
training and retaining qualified management personnel and other
staff employees; changes in tax laws and other government
regulations, including the impact of health care reform laws and
regulations; the possibility of incurring liability for the
Company’s business activities, including, but not limited to, the
activities of the Company’s temporary employees; the Company’s
performance on customer contracts; negative outcome of pending and
future claims and litigation; government policies, legislation or
judicial decisions adverse to the Company’s businesses; the
Company’s ability to access the capital markets by pursuing
additional debt and equity financing to fund its business plan and
expenses on terms acceptable to the Company or at all; and the
Company’s ability to comply with its contractual covenants,
including in respect of its debt agreements, as well as various
additional risks, many of which are now unknown and generally out
of the Company’s control, and which are detailed from time to time
in reports filed by the Company with the SEC, including quarterly
reports on Form 10-Q, reports on Form 8-K and annual reports on
Form 10-K. Staffing 360 Solutions does not undertake any duty to
update any statements contained herein (including any
forward-looking statements), except as required by law.
Investor Relations
Contact:Terri MacInnis, VP of IRBibicoff + MacInnis,
Inc.(818) 379-8500 x 2terri@bibimac.com
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