The JM Group Undergoes Comprehensive Rebranding, Including the Refreshment of Its Corporate Website
NEW YORK, NY--(Marketwired - February 16, 2016) - Staffing 360 Solutions, Inc. (NASDAQ: STAF), a public company executing a global buy-and-build strategy through the acquisition of staffing organizations with operations in the US and UK, today announced that The JM Group operations will be undergoing its previously announced rebranding.
The official rebranding of The JM Group will take place this week, including a refreshment of its website with the new logo. The JM Group's rebranding and new logo design falls in line with Staffing 360's Intelligent Integration strategy.
"We are pleased to announce the official rebranding of The JM Group," said Matt Briand, President and CEO of Staffing 360 Solutions. "The JM Group team has proven to be a great addition to quickly growing operations in the United Kingdom, adding over $25 million in annualized revenues. We believe The JM Group's expertise in the IT staffing space will be a fantastic driver of new business and higher margin opportunities."
The logo for The JM Group now follows the same layout and design of Staffing 360's other subsidiaries, by adding a strapline below the historical brand, as well as a customized 360 orb, reflecting the unique characteristics of The JM Group. At the same time, the original logo, which customers have come to know over the company's three decades of operations in the UK, remains intact above the strapline. This is a key aspect of Staffing 360's Intelligent Integration approach, as it maintains the strong brand recognition and goodwill The JM Group has gained over the years, while also providing an enhanced logo and stronger connection with the rest of the Staffing 360 family.
Founded in 1981, The JM Group has been one of the UK's leading recruitment firms for over three decades and now boasts a run-rate of approximately $25 million in annualized revenue. The JM Group has over 25 employees in its London office who are keen to help individuals find the right job at the right organization. Over 60% of revenue comes from organizations that have been clients for more than 5 years. Two global Fortune 500 companies were the firm's first clients in 1981 and remain clients today.
"The JM Group has been servicing the greater London market for the last 34 years," continued Mr. Briand. "Despite the fact that the branding has evolved with a slight refresh, our steadfast commitment to candidates and clients will remain unchanged. The JM Group will continue to provide qualified professionals to a growing universe of IT and professional clients across the United Kingdom and we are thrilled with our combined future growth opportunities now that the JM Group has become an integral part of Staffing 360 Solutions."
To view the refreshed website for The JM Group, which includes the new logo, sector specific news items, job search functionality and more, please visit: www.thejmgroup.com
About Staffing 360 Solutions, Inc.
Staffing 360 Solutions, Inc. (NASDAQ: STAF) is a public company in the staffing sector engaged in the execution of a global buy-and-build strategy through the acquisition of domestic and international staffing organizations with operations in the US and UK. The Company believes the staffing industry offers opportunities for accretive acquisitions that will drive its annual revenues to $300 million. As part of its targeted consolidation model, the Company is pursuing acquisition targets in the finance and accounting, administrative, engineering and IT staffing space. For more information, please visit: www.staffing360solutions.com.
Certain matters discussed within this press release are forward-looking statements including, but not limited to the timing and ability to enter into any additional acquisitions, as well as the size of future revenue. Although Staffing 360 Solutions, Inc. believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Specifically, in order for the Company to achieve annualized revenues of $300 million, the Company will need to successfully raise sufficient capital, to consummate additional target acquisitions, successfully integrate any newly acquired companies, organically grow its business, successfully defend current and any potential future litigation, as well as various additional contingencies, many of which are unknown at this time and generally out of the Company's control. The Company can give no assurance that it will be able to achieve these objectives. Staffing 360 Solutions does not undertake any duty to update any statements contained herein (including any forward-looking statements), except as required by law. Factors that could cause actual results to differ materially from expectations include general industry considerations, regulatory changes, changes in local or national economic conditions and other risks detailed from time to time in Staffing 360 Solutions' reports filed with the SEC, including quarterly reports on Form 10-Q, reports on Form 8-K and annual reports on Form 10-K.