Press Release
Press Release
Press Contacts: Erik Cummins, Matt Hyams, Taina Rosa, Olivia Thomas
05.30.18
A Pillsbury team led by partner Jonathan J. Russo advised the underwriters in a common stock offering for BG Staffing, Inc., a leading national provider of temporary staffing services. The offering generated approximately $23 million in gross proceeds. The transaction closed on May 30, 2018.
Roth Capital Partners and Taglich Brothers, Inc. acted as joint book-running managers for the transaction. BG Staffing intends to use the net proceeds received from the offering primarily to reduce outstanding indebtedness and for general corporate purposes.
In addition to Russo, the Pillsbury team advising the underwriters on this offering consisted of counsel Matthew J. Kane and associates Eileen Monahan and Julia de la Parra.