BG Staffing, Inc. operates as a temporary staffing company. The company provides temporary workers to various customers that are seeking to match their workforce requirements to their business needs. Segments The company operates in the Commercial, Multifamily and Professional segments. Commercial This segment provides temporary workers to primarily distribution and logistics customers needing a flexible workforce. The company has 11 branch offices and 16 on-site locations in 4 states. This segment’s temporary workers perform services in various skilled and unskilled positions. The workers the company assigns to its commercial customers are its temporary workers, although its customers provide on-the-job direction, control and supervision. Multifamily This segment provides front office and maintenance personnel to the multifamily housing industry. It has 22 branch offices in 12 states. The Multifamily division utilizes a centralized recruiting model from recruiting centers in Dallas, Houston, and Austin, Texas, and also is developing a recruiting operation in the Charlotte, North Carolina area. The workers the company assigns to its multifamily customers are its temporary workers, although its customers provide on-the-job direction, control and supervision. Professional This segment provides IT professionals with expertise in SAP Workday, Olik View, Hyperion, Oracle, project management and other IT staffing skills to customers on a national basis. Its customers include large Fortune 500 companies and consulting firms engaged in systems integration projects. The company operates its national coverage of the IT market from its offices in North Carolina and Rhode Island, and Maryland. Additionally, it provides finance, accounting and related support personnel in Texas and Louisiana through its Texas based Donovan & Watkins group. Customers The company services small and medium-sized companies, as well as divisions of Fortune 500 companies. Acquisitions In March 2015, the company acquired D&W Talent, LLC, which specializes in providing temporary and full-time staffing services of accounting and finance personnel and secretarial and administrative personnel to customers in Texas and Louisiana. It continues to operate under the Donovan & Watkins trade name. In October 2015, the company acquired Vision Technology Services, Inc.; Vision Technology Services, LLC; and VTS-VM, LLC (collectively, ‘VTS'), which provides information technology temporary staffing talent and project management services. It continues to operate under the Vision Technology Services trade name. Strategy The company would continue to evaluate acquisition opportunities utilizing its proven approach to the assessment, valuation, and integration of acquisitions. Additionally, the company is committed to continue to grow its operations in its markets, as well as expand into new markets within the segments and industries that it serves. The company would continue to invest in technology and process improvements, as necessary, to ensure that it is operating at optimal productivity and performance. Intellectual Property The company owns or has rights to various copyrights, trademarks, service marks, trade names and domain names used in its business, including BG Staffing, BG Staffing Group, BG Personnel Services, Extrinsic, American Partners, InStaff, BG Temporary Staffing, Triance, Donovan & Watkins, D&W Talent, Vision Technology Services, bgstaffing.com, bgstaffinggroup.com, bgpersonnel.com, bgstaffing.net, ltnstaffing.com, milwaukeetemps.com, milwaukeetmepsinc.com, extrinsicllc.com, extrinsicgroup.com, extrinsicresources.com, jnastaffing.com, bgcompanies.net, bgpersonnel.net, bgmail.com, therightpeoplerightnow.com, rightpeoplerightnow.com, americanpartnersinc.com, instaff.com, donwat.com and vistechs.com. Seasonality The company’s quarterly operating results are affected by the number of billing days in a quarter, as well as the seasonality of its customers’ business. Demand for its Commercial staffing services increases during the second and third quarters of the year (year ending December 2015) and peaks in the fourth quarter. Demand for its Commercial staffing services is lower during the first quarter, in part due to customer shutdowns and adverse weather conditions in the winter months. Demand for its Multifamily staffing services is higher during the second and third quarters of the year due to the increased turns in multifamily units during the summer months when schools are not in session.
bg staffing inc (BGK:Frankfurt)
5850 Granite Parkway
Plano, TX 75024
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