Tradesmen International Begins Next Phase with Stronger Financial Foundation

Source: www.gulfoilandgas.com 7/8/2024, Location: North America

Tradesmen International® ("Tradesmen" or "the Company"), an industry leader in skilled trades staffing and labor-cost containment solutions, today announced a transaction that significantly reduced the Company's debt, positioning the business for continued growth.

Marty Wick, Chief Executive Officer of Tradesmen International, said, "Tradesmen has a strong business built on the expertise of our workforce, delivering industry-leading skilled labor to fulfill our clients' labor needs for construction, energy, marine, residential, industrial, and institutional projects. Widely recognized as a leader in our industry, we were recently named by Forbes as one of America's 100 Best Recruiting and Temp Staffing Firms for 2024. Through this transaction, we are gaining additional financial flexibility and resources to fuel our growth so that we can continue to expand our account executive and recruiter headcount, and enhance technology capabilities for sales and recruiting operations. We will be even better able to support our talented craftworkers, grow our business, and serve our clients."

Advisors

Weil, Gotshal & Manges LLP is serving as legal advisor and PJT Partners is serving as financial advisor to Tradesmen International.


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