Raise acquires majority stake in Shiftfillers
TORONTO, CANADA — North American talent management firm Raise has secured a majority stake in Shiftfillers, a fellow staffing company.
This acquisition combines the technological prowess of Shiftfillers with Raise’s longstanding industry reputation. This further solidifies Raise’s footprint in North America.
“This is a strategic investment that meets the needs of our clients in this very tight labor market and rounds out our total talent service offering to support all labor categories through our traditional sourced business and our managed direct sourcing solutions,” said Raise CEO and Chief Steward Tim Masson.
The partnership underlines both companies’ shared objective of connecting individuals with meaningful employment. Daniel Mastropolo, Chief Vision Officer at Shiftfillers, expressed optimism about their combined future, anticipating stronger Total Talent management solutions for their clientele.
Shiftfillers’ COO, Karen Febus, added, “Our partnership enables us to offer our clients a strategic approach to their staffing models that positively improves their cost per unit. We offer this through a variety of diverse options and customizable solutions that can be adjusted to meet both volume and geographic challenges through labor planning and technology.”
Founded in 1957 in Canada, Raise serves over 125 enterprise clients across North America, boasting a network of 10 global offices and over 450 employees. Shiftfillers, established in 2020, utilizes modern technology to streamline talent acquisition and retention for light industrial roles across North America.
This is Raise’s first acquisition, according to intelligent prospecting platform Crunchbase.
