INfe Human Resources, operating through its wholly owned subsidiary INfe Human Resources of New York, Inc., is an innovative staffing company engaged in roll-up acquisitions of staffing businesses in high-margin market niches. To date the company has closed four acquisitions, resulting in significant revenue increases, expanded service offerings, reductions in back office costs and increased market share in the $70 billion staffing industry. In addition to taking advantage of major growth and opportunity for consolidation in the staffing market, as principals, INfe Human Resources offers capital and corporate financial consulting services to OTC Bulletin Board companies through its wholly owned Daniels Corporate Advisory Company subsidiary. INfe Human Resources’ management team leverages a record of individual success in driving the growth of emerging companies to help potential consulting clients identify advantageous market niches and execute profitable roll-up acquisitions, with the objective of achieving both high-level sales and earnings growth and the Wall Street valuation they need for an Amex or NASDAQ listing.
Through its wholly owned Daniels Corporate Advisory Company subsidiary, which offers senior management, financial consulting and merchant banking services designed to create rapid growth for client companies, INfe Human Resources has enabled its Staffing Subsidiaries to improve both top and bottom line performance by increasing revenue, expanding service offerings and reducing costs.
Company Acquistion
IFHR announced in late April that it is acquiring Gilsor Technology, Inc., a privately held technology staffing company, in an all-equity transaction. Gilsor has letters of intent and indications of interest for several pending acquisitions in the area of technology staffing. Each of these deals has a diverse client base and enjoys strong direct relationships with companies ranging from Fortune 100 Clients to middle-market manufacturing firms.
Arthur D. Viola, Chairman & CEO, said, “The Gilsor Technology Acquisition is a strategic move by our Daniels Corporate Advisory Subsidiary to access companies that can substantially expand our consolidated staffing companies alternatives from contract to permanent placement, in high profit, market niches, including IT-Technology, Engineering/Manufacturing and other skills such as Finance, Human Resources, and Sales and Marketing. The Gilsor principals include a key operating executive with over 28 years experience, who will shortly become the Chief Operating Officer of the consolidated staffing companies of INfe Human Resources, Inc., a high level corporate executive with a strong rolodex of financing contacts, and a sophisticated technology investor.”
Mr. Viola continued, “The addition of a Gilsor principal with experience in the staffing industry to our Company’s Senior Management Team, as Chief Operating Officer, is expected to improve operating results and produce additional post-consolidation(s) efficiencies, as his addition will expand our management ranks with an experienced operator.” The addition of the high level, seasoned, corporate executive with a financing network, as well as the technology investor, will help IFHR to selectively structure and finance transactions on favorable terms.
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