CCP Client 'CO299'
Temporary Staffing Firm Located in Five Midwestern Cities
Clayton Capital Partners is pleased to exclusively represent CO299 (the “Company”) in the sale of its business. Headquartered in the Midwestern United States, CO299 is a staffing firm with an expertise in placing temp-to-hire and direct-hire workers in light industrial, light technical and administrative positions.
• Consistently Successful Client / Employee Matches – By combining an in-depth client needs analysis with comprehensive and custom employee screenings, CO299 consistently places employees who are capable of exceeding client expectations.
• Highly Experienced Staff – Company management has substantial experience in all facets of the staffing business: creative and wide-ranging candidate recruitment, comprehensive screening, highly responsive customer service, relationship building and cost and personnel management.
• Longstanding Client Relationships – Company personnel are available 24/7/365 to provide immediate responses to client requests no matter how small or complex. This level of service creates the foundation for relationships that average ten years and a client retention rate of approximately 99%.
• Great Brand – Clients and candidates work with CO299 because it is known as the hands-on workforce partner that matches client expectations and positions with candidates’ qualifications.
• Solid Platform For Continued Growth – In today’s tight labor market, the Company is a trusted source for labor. Should the market loosen and as the number of gig (temporary, short-term) workers expands, workforce flexibility will remain an employer priority. The ability to place qualified candidates in up, down and changing markets provides the Company a solid platform for growth.
| CO299 Financial Highlights | ||||
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Tax Retun Year Ended 12/31/2017 |
Tax Return Year Ended 12/31/2016 |
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Sales
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$16,220,207 | $15,157,588 | ||
| Adjusted EBITDA | $1,940,758 | $2,136,803 | ||
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Adjusted EBITDA %
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12% | 14% | ||
The undersigned hereby agrees:
That all information, data and materials disclosed or furnished (herein called the Information) by Clayton Capital Partners Acquisition Candidate CO299 (herein called the Company) will be maintained strictly confidential and that, in consideration for such disclosure, no use of the Information will be made by any signing party, or employees of such party, other than for evaluation purposes, on a strictly confidential basis.
It is understood that disclosure of any of the Information, including the possibility that the Shareholders may consider sale, disclosure of the current status of the Company, or disclosure of any information to customers, vendors, competitors, or employees of the Company would cause serious financial damage to the Company and/or its affiliates.
The undersigned also agrees that, for the term of this agreement, they will not solicit for employment any person who is currently employed by the Company. Nothing herein shall preclude the undersigned from hiring any employee who responds to a general solicitation so long as it is not targeted at the Company or its employees.
The undersigned agrees not to copy, duplicate, disclose or deliver all or any portion of the Information to a third party or permit any other third party to inspect, copy or duplicate the same except those parties deemed necessary by the undersigned to evaluate the possible transaction (including agents, advisors, affiliates, accountants, attorneys, consultants, and lenders). It is understood that the undersigned may disclose Information to only parties who (i) require such material for the purpose of evaluating a possible transaction and (ii) are informed by the undersigned of the confidential nature of the Information and agree to be bound by the terms hereof. The undersigned further agrees to be responsible for any breach of this agreement by the above mentioned parties, and that these parties will not use any of the Information for any reason or purpose other than to evaluate a possible transaction or in any way detrimental to the Company.
This shall not, however, prevent the undersigned from disclosing to others or using in any manner:
- Information which has been published and has become part of the public domain other than by acts or omissions by the receiving party
- Information which has been furnished or made known to the undersigned by third parties as a matter of right without restriction of disclosure, or
- Information which the undersigned can show was already in its possession at the time it entered into this Agreement and which was not acquired directly or indirectly from the Company, their representatives, its employees or their representatives.
This agreement shall remain in effect for a term of two years from the execution date hereof and upon request, the receiving party will promptly return all data and materials furnished by the Company and destroy any internal analyses and/or workpapers related to the evaluation of the Company.
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