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Private equity acquires disaster restoration staffing firm Labor Source

December 04, 2017

Private equity firm Great Range Capital acquired Labor Source, a professional staffing company headquartered in Olathe, Kan. The investment team also included company management and The Bradley Family Office (Berks Group).

Brandon Sutherland, Labor Source’s founder, retains significant ownership in the company and is a key member of the senior management team, the company reported. Labor Source’s new CEO is Mike Pitman, formerly of Allegis Group.

Labor Source is the parent company of One Source Staffing and Labor — a professional staffing company targeting disaster restoration — and CATSTAFF, which provides laborers to restoration contractors. Labor Source operates nationwide from offices in Kansas City, Houston, Chicago, and New York City metropolitan areas.

“I was searching for partners who share our Midwestern work ethic and have a proven track record of helping businesses grow,” Sutherland said. “Great Range Capital, the Bradley Family, and Mike Pitman fulfill those requirements and will help Labor Source reach the next level.”

Great Range Capital, based in greater Kansas City, primarily targets controlling equity investments in Midwestern companies with revenues ranging from $20 million to $150 million.