LO3 Capital Provides Senior Debt Investment in FastTrack Staffing
LO3 Capital Provides Senior Debt Investment in FastTrack Staffing
LO3 Capital, a private investment firm providing transformative capital to lower-middle market companies, has announced a senior debt investment in FastTrack Staffing, Inc., a provider of temporary and temp-to-hire staffing services headquartered in Ocala, Florida.
Founded in 1982, FastTrack is a well-established staffing and recruiting firm serving an extensive and diversified customer base across multiple industries, including light industrial, skilled trades, and non-clinical healthcare. The company operates fourteen locations across four states and is known for its strong customer relationships and consistent delivery of high-quality staffing solutions.
The transaction supports the acquisition of FastTrack by Randy Burkhart, an experienced owner-operator with over 30 years of experience in the staffing industry. Mr. Burkhart has a long-standing relationship with LO3 Capital and previously partnered with members of the LO3 team on the successful acquisition and exit of Bonney Staffing.
Read full press release here.