BGSF Moves Up in Annual SIA Rankings

Rhea-AI Summary

BGSF, Inc. (NYSE: BGSF) has improved its position in the Staffing Industry Analysts (SIA) U.S. 2024 rankings. The company moved up to 97th place from 121st in the Largest Staffing Firms category, based on 2023 revenues for its combined Professional and Property Management segments. Additionally, BGSF climbed to 49th place from 52nd in the Largest IT Staffing Firms in the U.S. category.

Beth Garvey, Chair, President, and CEO of BGSF, expressed excitement about the company's progress, highlighting the significance of breaking into the top 100 U.S. staffing firms and the top 50 U.S. IT staffing firms. She attributed this success to the team's dedication in delivering value and excellence to customers and strategic partners.

Positive

• Improved ranking in SIA's Largest Staffing Firms list from 121st to 97th
• Advanced to 49th place from 52nd in the Largest IT Staffing Firms category
• Entered the top 100 U.S. staffing firms and top 50 U.S. IT staffing firms

Negative

• None.

Ranked 97^th Largest U.S. Staffing Firm, Ranked 49^th Largest IT Staffing Firm

PLANO, Texas--(BUSINESS WIRE)-- BGSF, Inc. (NYSE: BGSF) (“BGSF”), a growing provider of consulting, managed services, and professional workforce solutions, today announced that it has been named in the Staffing Industry Analysts (SIA) U.S. 2024 lists. In the Largest Staffing Firms ranking, BGSF's ranking improved to 97^th from 121^st in the prior year. This ranking is based on 2023 revenues for the combined Professional and Property Management segments. In addition, BGSF’s ranking improved to 49^th (from 52^nd) in the Largest IT Staffing Firms in the U.S. category

“We are thrilled to move up in SIA’s largest U.S. staffing firms list to 97^th this year. As part of our Professional segment, we also moved up to 49^th on the list of its largest IT staffing firms in the U.S. Inclusion into the top 100 list for all U.S. staffing firms and the top 50 list for all U.S. IT staffing firms are two important milestones for BGSF. This progress recognizes our teams’ work and dedication every day to delivering value and excellence to our customers and strategic partners,” commented Beth Garvey, Chair, President, and Chief Executive Officer.

About BGSF

BGSF provides consulting, managed services and professional workforce solutions to a variety of industries through its various divisions in IT, Cyber, Finance & Accounting, and Property Management (apartment communities and commercial buildings). BGSF has integrated several regional and national brands achieving scalable growth. The Company was ranked by Staffing Industry Analysts as the 97^th largest U.S. staffing company and the 49^th largest IT staffing firm in 2024. The Company’s disciplined acquisition philosophy, which builds value through both financial growth and the retention of unique and dedicated talent within BGSF’s family of companies, has resulted in a seasoned management team with strong tenure and the ability to offer exceptional service to our field talent and client partners while building value for investors. For more information on the Company and its services, please visit its website at www.bgsf.com.

About SIA

Founded in 1989, Staffing Industry Analysts or SIA is the global advisor of staffing and workforce solutions. Their proprietary research covers all categories of employed and non-employed work including temporary staffing, independent contracting, and other types of contingent labor. SIA’s independent and objective analysis provides insights into the services and suppliers operating in the workforce solutions ecosystem including staffing firms, managed service providers, recruitment process outsourcers, payrolling/compliance firms, and talent acquisition technology specialists such as vendor management systems, online staffing platforms, crowdsourcing, and online work services.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240715482500/en/

Steven Hooser or Sandy Martin

Three Part Advisors

ir@bgstaffing.com 214.872.2710 or 214.616.2207

Source: BGSF, Inc.

FAQ

What is BGSF's new ranking in the SIA's Largest Staffing Firms list for 2024?

BGSF has moved up to 97th place in the SIA's Largest Staffing Firms list for 2024, improving from 121st place in the previous year.

How has BGSF's position changed in the Largest IT Staffing Firms in the U.S. category?

BGSF has improved its ranking in the Largest IT Staffing Firms in the U.S. category, moving up to 49th place from 52nd in the previous year.

What factors contributed to BGSF's improved rankings in the SIA lists?

The improved rankings are based on BGSF's 2023 revenues for its combined Professional and Property Management segments, as well as the company's performance in the IT staffing sector.

How did BGSF's CEO, Beth Garvey, respond to the company's improved rankings?

Beth Garvey expressed excitement about BGSF's progress, highlighting the significance of entering the top 100 U.S. staffing firms and top 50 U.S. IT staffing firms, attributing the success to the team's dedication in delivering value to customers and partners.