#2 Fastest Growing Staffing Firm in the US
- Dec 12, 2014
- 1 min read
The following is an excerpt from the article posted to Staffing Industry Analysts' website on November 21st . Read the entire article here.
#2 EHD Corp.
CAGR: 83.2 percent
2013 US staffing and talent engagement revenue: $24.0 million
Michael Claudio is CEO of EHD Corp., a Brentwood, Tenn.-based staffing firm. The company’s business is about 60 percent industrial and 40 percent technical, engineering and IT.
EHD focuses heavily on the automotive industry, which is part of where the firm’s success has come. The auto industry has fully recovered from the 2008-2009 recession, and there are about 15 auto plants within 500 miles of Nashville.
To qualify for the list, staffing firms had to post at least $1 million in revenue in 2009 and have compound annual revenue growth of at least 15 percent between 2009 and 2013. All numbers are self-reported. However, the top 10 fastest-growing firms had to provide audited financial statements to verify the numbers or provide verification of the numbers on company letterhead when audited financial statements were not available. Only organic revenue growth was considered. Revenue was adjusted to remove growth from acquisitions. - See more at: http://www.staffingindustry.com/Research-Publications/Publications/Staffing-Industry-Review/November-December-2014/Zoom!-Staffing-Firm-Growth-Stories#sthash.Ffv1RKHL.dpuf
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