SOURCE: Staffing 360 Solutions

Staffing 360 Solutions

September 10, 2012 08:45 ET

Staffing 360 Solutions Engages River Star Professional Group

Highly Experienced Group of Seasoned Professionals to Provide End-to-End Support Services to TRIG Capital's Portfolio Companies

NEW YORK, NY--(Marketwire - Sep 10, 2012) - Staffing 360 Solutions, Inc. (OTCQB: STAF), a TRIG Capital Group portfolio company engaged in the provision of staffing services in IT, financial, accounting, healthcare and banking industries, today announced the engagement of River Star Professional Group ("RSPG") to provide advisory, due diligence, transactional support as well as M&A support services for Staffing 360 Solutions.

"RSPG is an extraordinarily competent group of highly seasoned professionals providing end-to-end solutions for an array of services necessary for the execution of our strategic vision on a highly accelerated basis," stated A.J. Cervantes, President of Staffing 360 and a Principal of TRIG Capital. "TRIG is involved in many projects and we were searching for a solid outside firm that we can count on to get mission critical analysis and project management facilitated in a timely and efficient manner."

"TRIG's approach to the marketplace is very exciting and well defined. We are proud that they have chosen us to support the direction of the principals as well as the needs of their portfolio companies," said Nicholas Cocco, Managing Director of RSPG.

"A high-growth burgeoning private equity group such as TRIG requires a team of support professionals such as RSPG which specializes in due diligence including analysis and compliance. Their team of strategic and financial professionals has the requisite public and private expertise and background we were looking for on our projects," noted Peter Goldstein, a co-founder and Principal of TRIG Capital.

About RSPG

RSPG serves a wide range of clients in multiple industries including small and mid-cap companies, public corporations, privately held operations and the capital markets serving those sectors. RSPG's clients and their advisers rely on our responsiveness and expertise as well as our depth of skill and knowledge. For additional information, please go to www.riverstarpro.com

About Staffing 360 Solutions

Staffing 360 Solutions is an emerging public company in the international staffing sector that intends to acquire high-growth domestic and European staffing agencies. As part of its highly targeted consolidation model, Staffing 360 Solutions is pursuing broad spectrum staffing companies in the IT, financial, accounting, healthcare and banking industries. The Company believes the staffing industry offers significant opportunity to create a successful public company with a longer term objective of accretive acquisitions that will drive annual revenues to a minimum of $250 million. The initial acquisition profile is $10 million to $75 million in revenues, a minimum of $1.0 million EBITDA with a concentration on professional staffing services, which generates higher margins. www.staffing360solutions.com

About TRIG Capital Group, LLC

TRIG Capital Group, LLC is a New York-based private equity firm formed by a group of seasoned middle market investment professionals. TRIG is engaged in the development of a series of public company verticals that will acquire American companies pursuant to consolidation strategies with each public entity sector-specific. TRIG is a co-venture between Grandview Capital Advisors, Trilogy Capital Partners and RYL Capital Group.

TRIG's focus is on the acquisition and consolidation of successful middle market companies. TRIG management is committed to executing transactions with the highest level of professionalism and integrity. Our team has the relevant experience, proven ability and comprehensive focus to create value-generating transactions for our portfolio companies and clients. The TRIG team is committed to balanced capital structures and sustained realistic values. TRIG embraces a "player-coach" approach to our portfolio companies' management teams. We are committed to building companies and believe we embody the American entrepreneurial spirit with small company capital formation skills. The TRIG team has the credentials, experience and ability, mixed with market creativity and a powerful work ethic, to drive success for early stage emerging growth companies with an overriding commitment to driving shareholder value. www.trig-capital.com

Contact Information

  • Company contact:

    A.J. Cervantes
    President
    Staffing 360 Solutions, Inc.
    212.634.6410
    Email Contact

    Financial Communications:

    Trilogy Capital Partners, Inc.
    Darren Minton
    President
    212.634.6413
    Email Contact