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Fastest-Growing US Staffing Firms List online; median CAGR 26.9%

August 27, 2018

This year, 94 companies made Staffing Industry Analysts’ list of Fastest-Growing US Staffing Firms with a median compound average revenue growth rate of 26.9% between 2013 and 2017.

For the 10 fastest-growing firms on the list, the CAGR was 97.8%.

Here are the 10 fastest-growing staffing firms with name, headquarters, primary segment served, revenue and CAGR from 2013 through 2017:

  1. Atlas MedStaff; Omaha, Neb.; Healthcare; $75.1 million; 120.9%
  2. GQR; New York; Search; $23.0 million; 107.6%
  3. Peak Workforce Solutions LLC; Greenville, SC; Industrial; $21.0 million; 107.6%
  4. Stability Healthcare; Los Angeles; Healthcare; $19.4 million; 106.6%
  5. Dedicated Nursing Associates (DNA); Delmont, Pa.; Healthcare; $53.2 million; 104.2%
  6. Host Healthcare; San Diego, Calif.; Healthcare; $34.3 million; 91.4%
  7. Morson Group; Manchester, UK ; Engineering; $20.0 million; 82.8%
  8. GrapeTree Medical Staffing LLC; Milford, Iowa; Healthcare; $48,9 million; 81.2%
  9. KPG Healthcare; El Segundo, Calif.; Healthcare; $22.3 million; 80.8%
  10. Onestaff Medical; Omaha, Neb.; Healthcare; $45.0 million; 76.7%

Seven of the firms in the top 10 provide healthcare staffing, and almost 42% of firms on the list cited healthcare staffing as one of their primary segments served. IT ranked as the second-most common primary segment for staffing firms on the fastest-growing list.

Firms were located across the country, but Texas and California have nine each — the most of any states. Florida had eight and Georgia had seven.

This year’s list is sponsored by Advance Partners.

The full report is now available to corporate members of Staffing Industry Analysts.

To qualify for the list, firms must have posted CAGR of at least 15% between 2013 and 2017 with at least $1 million in revenue in 2013. The list is based on US staffing revenue, which includes temporary staffing revenue, direct hire, retained search and temp-to-perm conversion fees. Firms with franchised operations included revenue from franchisees. Revenue did not include earnings from payrolling, PEO services, MSP fees or passthrough funds, RPO operations, HRO operations or online staffing services.

Only US staffing revenue was considered for the list, although some firms had revenue from outside the US. In addition, only organic growth was measured; the growth calculation was adjusted for acquisitions and divestitures.

All numbers for the list are self-reported. However, the top 10 fastest-growing firms had to provide financial statements or provide verification of the numbers on company letterhead when financial statements were not available.