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BUYER POOL ANALYSIS

Selling a staffing agency to Private Equity / PE-Backed Roll-Up buyers

Private equity firms and PE-backed platform consolidators acquiring for roll-up, add-on, or platform plays. Pricing tends to lead the market for fee-viable scale, with multi-bidder competitive processes above the EBITDA floor.

Quick answers

What multiple does this buyer pool pay?
Median EV/EBITDA 11.69x across 5 disclosed deals (P25: 8.61x, P75: 18.16x). Median EV/Revenue 1.28x across 7 deals. Median deal value: $208.31M.
How many disclosed transactions?
8 deals total (8 from 2018+), filtered to Private Equity / PE-Backed Roll-Up acquirers of staffing agency businesses.
Most active buyers
Advent International, L.P. (1) · Executive Platforms Inc. (1) · General Atlantic Service Company, L.P. (1) · Kingsway Financial Services Inc. (1) · Learning Technologies Group plc (:LTG) (1) · Hanover Investors Management LLP (1)

Recent disclosed deals

Private Equity / PE-Backed Roll-Up acquisitions of staffing agency businesses with named target, named acquirer, and disclosed financials.

YearTargetAcquirerEVEV/EBITDAEV/Rev
2025Heidrick & Struggles International, Inc.Advent International, L.P.$1001.5M7.7x0.87x
2024Board.org LLCExecutive Platforms Inc.$103.0M7.00x
2023HireRight Holdings CorporationGeneral Atlantic Service Company, L.P.$301.6M11.7x2.54x
2022Csuite Financial Partners LLCKingsway Financial Services Inc.$12.1M1.28x
2021GP Strategies CorporationLearning Technologies Group plc (:LTG)$406.4M9.6x0.84x
2020ClearStar, Inc.Hanover Investors Management LLP$20.7M0.96x

What this buyer pool prices for

Private equity acquirers price for scale and roll-up arbitrage. They pay up for businesses that fit a platform thesis — recurring revenue mix above 30%, technician/professional depth, clean financials, and a management layer that survives integration. The same staffing agency can command 1.5x to 2x the multiple of an individual-buyer transaction simply because the PE buyer is acquiring a platform piece, not an owner-operated shop.

Methodology note

Multiples shown are computed from disclosed M&A transactions in the ExitValue.ai database, filtered to staffing agency businesses acquired by private equity / pe-backed roll-up buyers. EV/EBITDA outliers outside the [0.5x, 60x] band and EV/Revenue outliers outside [0.05x, 25x] are excluded from medians. Where available, post-2018 transactions are weighted; otherwise the all-time sample is used. Deal counts shown reflect deals with disclosed financials only — total transaction count for this buyer pool is typically 2-3x larger. Full methodology

What's your staffing agency worth to private equity / pe-backed roll-up?

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Last verified against 8 disclosed M&A transactions on 2026-05-05 · methodology