We expect Staffing M&A activity to be driven by strategic buyers in the coming 6-12 months. As the staffing industry continues to evolve and adapt to changing market dynamics, many companies are actively seeking ways to increase their market share, expand their service offerings, and grow their geographical footprint. In this pursuit, organizations are exploring inorganic growth strategies, such as mergers and acquisitions, to achieve their goals.
Given the heightened focus on expansion, we anticipate a significant increase in M&A volume within the staffing industry in 2024.
See transactions from H1 2023 in our latest recap