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Overview of Atlantic International Corp
Atlantic International Corp (ATLN) is a diversified technology and workforce solutions company that has evolved from its origins in advanced life sciences instrumentation and genomics research to become a major provider of strategic staffing and outsourced HR services. The company leverages its deep scientific expertise in the development of novel omics tools alongside a robust, market-responsive staffing operation, placing it at the nexus of innovation in both the life sciences and human capital management sectors. Keywords such as "genomics research", "omics technology", and "strategic staffing" are integral to understanding the dual nature of Atlantic's business.
Core Business and Value Proposition
Historically known as SeqLL Inc, Atlantic International has built a reputation marrying scientific innovation with practical business solutions. On one hand, its pioneering work in the field of life sciences—especially through its proprietary True Single Molecule Sequencing platform—enables researchers to decode complex genetic information and understand the molecular mechanisms of diseases. This work is essential to pushing forward breakthroughs in genomic medicine and precision therapies.
On the other hand, Atlantic's transformation into a prominent provider of strategic staffing and workforce solutions highlights its commitment to operational excellence and market agility. Through its principal subsidiary, Lyneer Staffing Solutions, the company delivers comprehensive HR services including outsourced staffing, direct hires, and complete on-site workforce management. This dual capability positions Atlantic uniquely in industries ranging from industrial manufacturing and logistics to food production and advanced technology sectors.
Technological Innovation and Service Differentiation
Atlantic International stands out in its ability to integrate cutting-edge technology with service innovation. A prime example is the launch of its Site Selection Dashboards—a platform that delivers real-time market intelligence to help businesses make strategic, data-driven hiring and expansion decisions. This blend of analytics and workforce management not only enhances client decision-making but also reinforces Atlantic’s commitment to delivering precision in operational planning.
Moreover, the company’s continuous investment in technology infrastructure and M&A integration further enable it to scale operations effectively while maintaining high service quality and client satisfaction. The use of advanced data analytics and AI-powered insights is a testament to Atlantic’s dedication to evolving with market demands and technological advances.
Market Position and Competitive Landscape
Atlantic International has established itself as a significant player in both the life sciences and staffing arenas. The company’s move to consolidate its strategic staffing expertise through key mergers—most notably with Lyneer Staffing Solutions—has broadened its market reach and increased operational scale. Positioned among the top national staffing firms by industry analysts, Atlantic benefits from a diversified client base spread across multiple verticals such as light industrial, commercial, professional services, and finance.
The corporate focus on building long-term, mutually beneficial client relationships is evident in its strategic partnerships and ongoing contract expansions. Whether through supplying advanced genomic instruments to research institutions or offering scalable workforce solutions to Fortune 500 companies, Atlantic’s integrated business strategy ensures that it remains resilient and adaptable in a fluctuating market environment.
Operational Excellence and Client-Focused Strategy
At the heart of Atlantic International’s success is its commitment to operational excellence. The company operates multiple independent on-site facilities that provide seamless HR solutions, managing everything from recruitment to payroll. This distributed operational model allows for localized management while maintaining the standardization and efficiency of centralized support services.
This approach ensures that each client receives tailored solutions that address unique staffing and operational challenges, whether it is for a complex logistics network or a high-demand industrial production facility. The integration of workforce analytics with real-time market data underscores Atlantic’s strategy to empower its clients with actionable insights, further solidifying its position as a trusted partner.
Industry Expertise and Thought Leadership
With roots in life sciences and an expansive footprint in workforce management, Atlantic International has developed deep industry expertise. The company’s operations reflect a nuanced understanding of both the biotechnology sector and the dynamics of human capital management. This depth of knowledge is critical not only for driving internal innovation but also for providing clients with strategic advice tailored to their operational contexts.
Atlantic’s ability to navigate the complexities of multiple industries, supported by its sophisticated technology platforms and a robust network of client partnerships, positions it as a resource for companies seeking comprehensive solutions to modern business challenges.
Conclusion
In summary, Atlantic International Corp is a unique fusion of high-technology innovation and strategic workforce management. Its dual focus on developing next-generation scientific tools for genomics research and delivering advanced staffing and outsourced HR solutions makes it a multifaceted company with a strong market presence. By consistently investing in technology, forging strategic partnerships, and expanding service capabilities, Atlantic ensures that its business model remains versatile, resilient, and deeply integrated with the needs of modern industries.
Atlantic International Corp. (NASDAQ: ATLN) reported strong financial results for Q4 and full year 2024. The company achieved $442.6 million in full-year revenue, up 10.3% from 2023, with Q4 revenue reaching $129.5 million, an 11.5% increase year-over-year.
Key financial metrics include Q4 gross profit of $13.3 million (10.3% margin) and full-year gross profit of $47.2 million (10.7% margin). Adjusted EBITDA for Q4 and full year were $1.9 million and $4.7 million respectively.
Strategic developments include expansion of workforce solutions across Texas and Southeast, launch of Site Selection Dashboard, and termination of Staffing 360 merger. The company targets ambitious revenue growth to $1-1.5 billion within 12-18 months through organic growth and M&A initiatives, while focusing on margin improvement and cost-cutting measures for 2025.
Atlantic International Corp. (Nasdaq: ATLN) announced that its subsidiary Lyneer Staffing Solutions has secured a significant contract renewal with a premier North American baking company in Northern California. The renewed partnership includes an expansion to additional locations, with Lyneer positioned to capture approximately $10 million in spending.
The expanded contract, effective immediately, demonstrates Lyneer's expertise in providing specialized workforce solutions for the food production industry. Lyneer will commence staffing operations at the new locations in the coming weeks, strengthening its partnership with the client while scaling its workforce solutions across their operations.
Atlantic International Corp. (Nasdaq: ATLN) announced that its subsidiary Lyneer Staffing Solutions has secured a strategic workforce agreement with a major North American industrial distributor serving multiple sectors. The agreement is valued at up to $10 million, split between $5 million in contract business and $5 million in direct hire spending.
The partnership enables Lyneer to provide comprehensive staffing solutions across more than 20 locations throughout the continental United States. The agreement covers both temporary and permanent placement services, focusing on serving the aerospace, defense, automotive, and medical sectors, strengthening Atlantic's position in industrial staffing.
Atlantic International Corp. (NASDAQ: ATLN) has announced that its subsidiary Lyneer Staffing Solutions has secured a significant contract with a major central Pennsylvania food manufacturer. The initial contract is valued at $2 million in annual spending, with potential national expansion opportunities that could generate an additional $20+ million in revenue over the next 12-24 months.
The agreement establishes Lyneer as a key workforce solutions provider for the manufacturer's Pennsylvania operations, with possibilities to extend services to additional facilities across the United States. The contract, which began in January 2025, will focus on providing temporary workforce services, with national expansion discussions aimed at delivering scalable, cost-effective staffing solutions throughout the year.
Atlantic International Corp. (ATLN) has received approval to uplist its common stock from OTC Markets to the Nasdaq Global Market, with trading scheduled to commence on December 11, 2024, under the same ticker symbol 'ATLN'. The company, a provider of strategic staffing and workforce solutions, views this move as strategic to enhance visibility, attract diverse investors, and improve trading liquidity.
CEO Jeffrey Jagid highlighted that the pending acquisition of Staffing 360 Solutions, Inc. is expected to generate pro forma revenue of approximately $620 million, positioning Atlantic as one of the fastest-growing human capital management companies entering 2025.
Atlantic International Corp. (OTC: ATLN) has announced that its subsidiary Lyneer Staffing Solutions has secured a major staffing contract with a leading international home goods distributor. The partnership will initially provide flexible workforce solutions for one of the distributor's major U.S. distribution hubs, creating up to 150 new job opportunities. The contract, starting December 2024, is expected to generate revenue of up to $15.0 million annually, with potential expansion to additional locations based on performance.
Atlantic International Corp. (ATLN) reported Q3 2024 revenue of $107.8 million, a 10.2% increase from $97.8 million in the same period last year. Gross profit was $11.9 million (11.0% of revenue), compared to $11.6 million (11.9%) last year. The company announced a pending merger with Staffing 360 Solutions, expected to add $200 million in annual revenue, resulting in pro forma annual revenue of approximately $640 million with anticipated cost synergies of $10 million. The company expanded operations with a new logistics center in Temple, Texas, and introduced Site Selection Dashboards for location-based hiring decisions.
Atlantic International Corp. (OTC: ATLN) and Staffing 360 Solutions (NASDAQ: STAF) have announced a definitive merger agreement. Atlantic will acquire all outstanding shares of Staffing 360, with shareholders receiving 1.202 Atlantic shares for each Staffing 360 share. The transaction, valued at approximately $25 million, will result in Atlantic and Staffing 360 shareholders owning 90% and 10% of the combined company respectively.
The merged entity expects annual revenue of approximately $620 million and anticipates run-rate cost synergies of $10 million. Staffing 360 will operate as a wholly owned subsidiary under its current leadership team. The transaction is expected to close within 90 days, subject to shareholder and regulatory approval.
Atlantic International Corp. (OTC: ATLN) has launched Site Selection Dashboards, a new platform designed to transform location-based hiring and expansion decisions through real-time market intelligence. The platform offers comprehensive data analytics including real-time tracking of business expansion projects, industry-specific growth trends, and geographic heat maps of hiring activities.
The Dashboards target diverse industries including manufacturing, healthcare, technology, retail, and professional services, specifically designed for corporate leaders such as CHROs, COOs, and HR directors. The company plans to integrate AI technology in future releases to enhance the platform's capabilities.
Atlantic International Corp. (OTC: ATLN) has announced a significant expansion of its partnership with a leading food production company through its subsidiary, Lyneer Staffing Solutions. The extended collaboration, valued at $11 million with potential for a 25% increase to $13.75 million, builds on an existing long-term relationship with annual renewals.
The partnership extension includes additional locations and represents an annual spend of $10 million. This expansion marks a important milestone in Lyneer's growth within the food production industry, reinforcing its position as a trusted workforce solutions provider. Both Todd McNulty, CEO of Lyneer Staffing Solutions, and Jeffrey Jagid, CEO of Atlantic International, expressed enthusiasm about the expanded relationship and its alignment with the company's strategic growth objectives.