NEW YORK, Dec. 19, 2017 (GLOBE NEWSWIRE) -- Staffing 360 Solutions, Inc. (Nasdaq:STAF), a staffing solution company executing a global buy-and-build strategy in the U.S. and in the U.K., today announced that its Board of Directors has appointed BDO USA LLP as the Company’s independent registered accounting firm effective for the fiscal year ending December 31, 2017.
“The appointment of BDO, the fifth largest audit firm in the world, reflects our expanding global presence and continuing business evolution. I want to thank RBSM, Menzies and RSM for their professionalism and guidance over the first five years of our existence,” said Nicholas T. Florio, Staffing 360 Solutions’ Chairman of the Audit Committee.
David Faiman, Staffing 360 Solutions’ Chief Financial Officer, stated, “The international growth of our business over the last few years made it necessary to engage a single audit partner across our U.S. and U.K. operations. This need was elevated with the September 2017 acquisition of U.K.-based CBS Butler Holdings, which resulted in a material increase in our international revenue. We believe that BDO is the ideal partner to help support the next phase of our growth.”
BDO succeeds RBSM LLP as the Company’s lead auditor, and Menzies LLP and RSM LLP as the Company’s statutory auditors in the U.K.
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 in the US and UK. The Company believes the staffing industry offers opportunities for accretive acquisitions that will drive its annual revenues to $500 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.