Industrial Staffing Report: Dec. 16, 2021

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EmployBridge acquires Hire Dynamics, two large industrial staffing firms join forces

EmployBridge announced Nov. 22 that it completed its acquisition of Hire Dynamics. EmployBridge ranks as the largest US provider of industrial staffing; Hire Dynamics ranks among the 25 largest. Both firms are based in Atlanta.

“We are very excited to bring together industry leaders EmployBridge and Hire Dynamics as one team,” said Billy Milam, former CEO of Hire Dynamics. Milam is now leading the combined company as CEO. Former EmployBridge CEO Michael Miles is now executive chairman.

Milam said the acquisition will add potential for expanded services and creates new opportunities.

Terms of the deal, first announced in early November, were not disclosed.

The deal also follows other recent acquisitions. EmployBridge itself was acquired earlier this year by New York-based asset management firm Apollo Global Management Inc. Hire Dynamics, meanwhile, acquired Houston-based The Daniel Group earlier this month and Select Staff in October.

EmployBridge posted 2020 revenue of nearly $2.68 billion, according to Staffing Industry Analysts’ most-recent list of largest US industrial staffing firms. Hire Dynamics had 2020 revenue of $234 million. In addition, Hire Dynamics was one of the firms featured in the book, Breaking Through: Leadership Disciplines from Top Performing Staffing Firms, written by Mike Cleland and SIA President Barry Asin.