SIA’s Annual List Recognizes US Staffing Firms That Achieved Significant Organic Growth Over Five Years
October 20, 2023 – For the second year in a row, Triple Crown Consulting has been recognized as a 2023 Fastest Growing Staffing Firm. This list is published annually by Staffing Industry Analysts (SIA) – the global advisor on staffing and workforce solutions – the list ranks US firms by compound annual growth rate (CAGR) for staffing revenue over five years.
“The next natural evolution for Triple Crown is to expand our service offerings to truly meet our customers’ project demands. With the help of WestView Capital Partners minority growth investment, we are looking forward to being able to provide our customers with high quality design services in the hardware and embedded space” says COO David Smith.
Triple Crown is a leading provider for hardware, embedded, software and mechanical engineering talent. Their candidate centric business model and proactive recruiting approach supports their capabilities to make staffing logistics seamless. As an organization, Triple Crown prioritizes fostering relationships with their partners to provide exceptional experiences and to achieve greatness.
There were 158 staffing firms included on the 2023 ranking up from 122 firms last year, and the median CAGR for all firms listed is 33.8%. To be considered one of the Fastest-Growing Staffing Firms, companies must meet a minimum revenue threshold of $1 million in 2018 and have had a CAGR of at least 15% between 2018 and 2022. The Braff Group, a leading mergers and acquisitions advisory firm, sponsored this year’s list for the second year in a row. Each staffing firm is profiled online at fastestgrowing.staffingindustry.com.
“The staffing industry has weathered a pandemic and is now managing a completely different landscape that continues to shift, with this year providing a more challenging business environment than last year,” said SIA President Barry Asin. “Through all this fast-paced change, the 2023 Fastest-Growing Staffing Firms in the US have not slowed down their business development and growth. Congratulations to this year’s qualifying firms for their resilience and persistence in the ever-evolving world of work.”
About Triple Crown Consulting
Since 2004, Triple Crown has been a leading provider for hardware, embedded, software, and mechanical engineering talent. Their candidate centric business model allows their team to provide proactive and scalable solutions to meet your most demanding engineering challenges. They focus highly on fostering relationships with their partners to seamlessly provide talent and deliver complex engineering solutions.
About Staffing Industry Analysts (SIA)
Founded in 1989, SIA is the global advisor on staffing and workforce solutions. Our 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, pay rolling/compliance firms and talent acquisition technology specialists such as vendor management systems, online staffing platforms, crowdsourcing and online work services. We also provide training and accreditation with our unique Certified Contingent Workforce Professional (CCWP) program.
Known for our award-winning content, data, support tools, publications, executive conferences and events, we help both suppliers and buyers of workforce solutions make better-informed decisions that improve business results and minimize risk. As a division of the international business media company, Crain Communications Inc., SIA is headquartered in Mountain View, California, with offices in London, England. Learn more at staffingindustry.com.