September 26, 2023: Martin Borosko, Esq. Managing Member and Staffing Practice Leader was a panelist for the TechServe Alliance M&A Marketplace webinar: The Current State of Staffing Industry Mergers and Acquisitions: A Holistic View. John Larsen from TechServe Alliance moderated the panel which consisted of Steve Norris, Consultant, TechServe Alliance M&A Marketplace & Jeremy Falendysz, Partner, Managing Director, UHY.
The group covered: What has 2023 looked like to date, what are we expecting in Q3 and Q4, and will there be further consolidation in the industry looking ahead?
While there has been pullback in larger deals, Merger & Acquisition activity in IT staffing has been continued to show resilience in Q1 and Q2 2023. Valuations have continued to hold strong and the opportunity for owners to grow their business through acquisition has remained attractive. If you are looking to grow your business, the industry has been chock full of opportunities to strategically complete add-ons for your current platform to add new capabilities, enter new geographies/verticals, and generally expand market share.
To listen to their session: The Current State of Staffing Industry Mergers and Acquisitions: A Holistic View
To learn more about TechServe Alliance: TechServe Alliance