Executive Summary - Recruitment International

Report
The World Leaders in Recruitment Conference
London – September 24th 2014
Brendan Flood Executive Chairman
Forward-Looking Statements
This presentation contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E
of the Securities Exchange Act of 1934, including statements regarding
the business of the Company and its industry generally, business
strategy and prospects. These statements are based on the
Company’s estimates, projections, beliefs and assumptions and are
not guarantees of future performance. These forward-looking
statements are subject to various risks and uncertainties, which may
cause actual results to differ materially from the forward-looking
statements. The Company disclaims any obligation to update these
forward-looking statements except as required by law.
2
World Leaders in Recruitment
 Background on
Staffing 360 Solutions (STAF).
 Developments that we see
in the staffing industry.
 Our mergers and acquisitions
programme.
 Our management team.
 Summary.
3
Background
“Globally, staffing companies generate about $416 billion in annual
revenues. There are approximately 70,000 private employment services
agencies around the world.”
Source: Staffing Industry Analysts: “Global Staffing Industry Size 2012”
“The staffing industry is highly fragmented, with an estimated 15,000
staffing companies generating less than $20 million in annual sales in the
United States alone.”
Source: Meritus Capital website
Managed correctly – the staffing industry is always a great
opportunity for consolidation!!!
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Our Objectives

Committed to building a major international public
staffing organisation

Acquisitions executed by a highly experienced
management team, deeply skilled in staffing and
finance.

Programme to drive annualised revenues to $300
million within 36 months.

Significant pipeline of strategic acquisition targets
at various stages of progress.
5
High-Growth Acquisition Model
Staffing 360 Solutions, Inc.
Quarterly Revenue Forecast – Driven by Accretive Acquisitions
* The fiscal year for Staffing 360 Solutions, Inc. ends May 31st, thus quarters end in Feb, May, Aug and Nov.
** Growth projections in Aug and Nov of 2014 do not give effect to any additional acquisitions, only organic growth.
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Opportunities in the Staffing Industry
1) What are we seeing?
2) What are we doing about it?
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Secular Shift in Professional Staffing
Professional Staffing Industry Revenue

Structural change largely driven
by IT (including Cyber risks).

Rapid and constant technology
changes driving companies to
flexible workforces.

June 2014 - Percentage of US
workforce in temporary jobs
reached an all-time high.

Shift is expected to be a
permanent change to the jobs
market.

Sooo… what are we looking at?
CAGR: 7%
(Dollars in Billions)
53
49
2011
2012
56
2013
65
60
2014
2015
Commercial vs. Professional Staffing Trend
1995: Industry Revenue
$55 billion
2015: Industry Revenue
$136 billion
36%
64%
Commericial
Professional
55%
Commericial
45%
Professional
Source: Staffing Industry Analysts
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Strategic Pillars

Staffing 360 Solutions focuses on “Five Strategic Pillars”
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CORPORATE & REGIONAL SPECIALISTS
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Mergers and Acquisitions

Targets must fit at least one of the
strategic pillars.

No turnarounds. Must be accretive.

Must have capacity for growth.

Group target 80/20 temp/perm split.

Sustainable margins.

Management must remain and want
to remain.

Management incentivised towards growth.
10
Initial Acquisitions

We have completed five (5) acquisitions, with a
combined annualised revenue in excess of $120
million:
•
Cyber 360 Solutions
•
Control Solutions International
•
Initio International Holdings Limited
•
Poolia UK
•
PeopleSERVE
11
Branding Post Acquisition

Post-acquisition, business units are being standardised with a “360” at the end
of the name, while retaining elements of the unique style of existing logos:
12
Staffing 360 Solutions In the News
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Executive Management Team

Brendan Flood – Executive Chairman
Extensive financial, M&A, turn-around and capital raising experience over his 25
year career. Former CFO of the American operations for Monster Worldwide Inc.,
parent of monster.com. Led the IPO of Hudson Global Inc. (Nasdaq: HSON).

Alfonso J. Cervantes – Vice Chairman and President
Significant experience in public markets as both principal and financial services
professional for over 30 years. Chairman and CEO of Trilogy Capital Partners, a
prominent NY-based financial services group.

Matt Briand – Chief Executive Officer
Over 17 years of staffing industry experience. Led Monroe’s organic growth from
35 employees and $34 million in revenues to $80 million as part of Initio.

Jeff R. Mitchell – Chief Financial Officer
Deep finance and accounting experience, with a high degree of M&A expertise in
the staffing industry. Served as the CFO of Select Staffing
from 2005 to 2010, where he led over 40
acquisitions in the staffing industry.
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Near-Term Initiatives
 Continue on M&A path.
 Uplist stock to senior exchange.
 Drive our “Pathway to Profitability” exercise.
 Constant communication with investors.
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Summary
 High growth.
 Accretive acquisitions.
 Seasoned staffing management team.
 Applying for stock uplisting on NASDAQ
and NYSE.
 Capital markets expertise.
 Committed to driving shareholder value.
* Completion of acquisitions involves various risks and uncertainties. Please refer to risk factors and
forwarding-looking statements in the Company’s filings with the SEC.
16
Thank You!
Company Contact:
Staffing 360 Solutions, Inc.
Brendan Flood, Executive Chairman
[email protected]
U.S. Headquarters:
641 Lexington Ave, 15th Floor
New York, NY 10022
+1 212 634 6462
U.K. Headquarters:
18 King William Street
London EC4N 7BP
+44 7730 67007

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