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CTG revenue rises in Q4 with help from Europe acquisition

February 19, 2019

IT staffing and solutions provider CTG (NASD: CTG) reported fourth-quarter revenue rose 24.8%. The company attributed the increase to a combination of organic growth in both North America and Europe, as well as revenue from Paris-based Soft Co., which the company acquired in February 2018...

Maxim Healthcare to divest home healthcare division

February 19, 2019

Maxim Healthcare Services agreed to sell its home healthcare business to Aveanna Healthcare, an Atlanta-based home healthcare provider.

The transaction is expected to close in the second quarter, subject to the receipt of regulatory clearances and other customary closing conditions. Financial terms were...

Freelancer Ltd. revenue up 3% in 2018

February 19, 2019

Freelancer Ltd., the operator of online staffing provider Freelancer.com, reported full-year revenue rose 3.1% in 2018 to AUD$50.9 million (US$36.5 million). Net loss for the year at the company also narrowed.

(AUD$ thousands) FY 2018 FY 2017 % growth FY 2018 (US$ 000s)
Net revenue ...

Citizens Financial Group to acquire staffing M&A firm Bowstring Advisors

February 19, 2019

Citizens Financial Group Inc., a financial institution headquartered in Providence, RI, agreed to acquire merger and acquisition advisory firm Bowstring Advisors, a provider of middle-market investment banking services to staffing and HR technology firms.

Atlanta-based CHILDS Advisory Partners...

Vaco acquires Texas-based Aventine Hill Partners

February 19, 2019

Staffing provider Vaco acquired Aventine Hill Partners, a San Antonio, Texas-based firm that provides C-level advisory, consulting, interim and project solutions, and executive search.

Aventine Hill Partners targets the accounting and finance; business and technology; and risk and compliance...

Express Employment Professionals’ sales up 5% in 2018

February 19, 2019

Express Employment Professionals reported today that sales rose to a record $3.56 billion in 2018, up 5% from the previous year. The company ranks No. 6 on Staffing Industry Analysts' list of largest US staffing firms.

The Oklahoma City-based staffing company counts more than 800 franchise locations in...

‘Pathways’ emerging in gig economy’s pay and benefit problems — Staffing quote of the week

February 19, 2019

The pay and benefits problems faced by workers in the gig economy are slowly starting to shrink, according to experts at a gig economy workshop held by The Aspen Institute in Washington, DC last week. “I do see some pathways,” Maureen Conway, The Aspen Institute’s VP for policy programs...

Uber revenue up 43% in 2018, net loss at $1.8 billion (Reuters)

February 19, 2019

Uber Technologies Inc.’s full-year revenue rose to $11.3 billion in 2018, up 43% from the prior year, Reuters reported. The human cloud, ride-sharing firm’s losses before taxes, depreciation and other expenses were $1.8 billion compared to the $2.2 billion loss posted in 2017. However, Uber on Friday...

2019 Staffing 100 list now online

February 15, 2019

This year’s Staffing 100 list of influencers is now online. For the eighth year in a row, the list looks at those who are shaping the industry and influencing the workforce solutions ecosystem.

Honorees come from firms both large and small, from online staffing to more traditional firms.

Each day they...

AMN revenue up 4% in fourth quarter, but locum tenens revenue falls

February 15, 2019

AMN Healthcare Services (NYSE: AMN) reported revenue rose 3.8% in the fourth quarter, with growth coming in its nurse and allied business as well as its “other workforce solutions” business.

The San Diego-based company, which Staffing Industry Analysts ranks as the largest US healthcare staffing firm,...