NEW YORK, NY--(Marketwired - Oct 13, 2014) - Staffing 360 Solutions, Inc. (OTCQB: STAF), a public company executing a global buy-and-build strategy through the acquisition of domestic and international staffing organizations with operations in the US and Europe, today announced that the Company's Poolia UK operations will be undergoing its previously announced rebranding to Longbridge 360.
Poolia UK and Staffing 360's Longbridge Recruitment operations combined forces and moved into new corporate offices in London at the beginning of April 2014. Now that logistics are complete, the formal rebranding of both groups as Longbridge 360 will take place this week, including the launch of a new website today, October 13, 2014.
"We are pleased to announce the official rebranding of Poolia UK as Longbridge 360," said Matt Briand, CEO of Staffing 360 Solutions. "The Poolia UK team has proven to be a great addition to the breadth and depth of our existing operations in Europe. We believe consolidating our entire London team under one brand will be a fantastic driver of new business and cross selling opportunities."
The Poolia UK team has over 25 years of experience in recruiting finance and accountancy professionals on a permanent, interim and contract basis. The team was added to Staffing 360 Solutions at the end of February 2014 as part of the acquisition of Poolia UK Ltd., a former subsidiary of Poolia AB, a publicly listed staffing company on NASDAQ OMX Stockholm. Poolia UK will now become the Longbridge Finance and Accountancy division.
"We have been operating in the London market for over 25 years," stated Tim Hedger, former Managing Director of Poolia UK and new Managing Director of Longbridge 360. "Although our name and branding has evolved, our unwavering commitment to our candidates and clients will remain unchanged. We have joined an exciting new family at Staffing 360 Solutions and we couldn't be more pleased with our future growth prospects."
As the head of the Longbridge Finance and Accountancy division, Mr. Hedger will lead the team's sales professionals to service their extensive network of contacts at all levels of the finance function. Longbridge 360 will continue to provide qualified professionals to an expanded universe of banking, financial and commercial clients across London.
To view the newly launched Longbridge 360 website, which includes blogs, sector specific news items, job search functionality and more, please visit:
About Staffing 360 Solutions, Inc.
Staffing 360 Solutions, Inc. (OTCQB: STAF) is a public company in the staffing sector engaged in the execution of a global buy-and-build strategy through the acquisition of domestic and international staffing organizations with operations in the US and Europe. As part of its targeted consolidation model, the Company is pursuing acquisition targets in the finance and accounting, administrative, engineering, IT and cybersecurity industries. The Company believes the staffing industry offers opportunities to create a successful public company with a longer term objective of accretive acquisitions that will drive annual revenues to $300 million. For more information, please visit: www.staffing360solutions.com
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Certain matters discussed within this press release are forward-looking statements including, but not limited to, the ability to consummate additional acquisitions or the size of future revenue. Although Staffing 360 Solutions, Inc. believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Staffing 360 Solutions does not undertake any duty to update any statements contained herein (including any forward-looking statements), except as required by law. Factors that could cause actual results to differ materially from expectations include general industry considerations, regulatory changes, changes in local or national economic conditions and other risks detailed from time to time in Staffing 360 Solutions' reports filed with the SEC, including quarterly reports on Form 10-Q, reports on Form 8-K and annual reports on Form 10-K.
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