About Penmac
Penmac is a company based in Springfield (United States) founded in 1988. It operates as a B2B, and B2C. The company has 954 employees as of December 31, 2021. Penmac has completed 1 acquisition, including ERC Staffing. Penmac offers products and services including Industrial Staffing, Clerical Staffing, Transportation Staffing, and Education Staffing. Penmac operates in a competitive market with competitors including TeamLease, Kelly Services, Cielo, Vaco and DISYS, among others.
- Headquarter Springfield, United States
- Employees 954 as on 31 Dec, 2021
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Sectors
Business Services
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Phone
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Website
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Social
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- Legal Name Penmac Staffing Services, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
954
as on Dec 31, 2021
- Investments & Acquisitions
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Products & Services of Penmac
Penmac offers a comprehensive portfolio of products and services, including Industrial Staffing, Clerical Staffing, Transportation Staffing, and Education Staffing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides temporary workers for manufacturing and industrial needs
Offers administrative support for office and clerical roles
Supplies personnel for logistics and transportation sectors
Delivers substitute teachers and staff for educational institutions
Funding Insights of Penmac
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Penmac
Penmac has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include ERC Staffing. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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End-to-end HR services are provided for staffing and management needs.
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2007 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Penmac
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Penmac Comparisons
Competitors of Penmac
Penmac operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as TeamLease, Kelly Services, Cielo, Vaco and DISYS, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Staffing and recruiting services connect employers with job candidates.
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| domain | founded_year | HQ Location |
Outsourced human resources services are provided globally by Kelly Services.
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| domain | founded_year | HQ Location |
HR consulting services in talent acquisition and management are offered.
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| domain | founded_year | HQ Location |
Recruitment and consulting services are provided by Vaco.
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| domain | founded_year | HQ Location |
IT staffing, consulting, and related services are provided.
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| domain | founded_year | HQ Location |
Staffing and recruitment agency
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Penmac
When was Penmac founded?
Penmac was founded in 1988.
Where is Penmac located?
Penmac is headquartered in Springfield, United States.
How many employees does Penmac have?
As of Dec 31, 2021, the latest employee count at Penmac is 954.
What does Penmac do?
Penmac Staffing connects job seekers with employers by providing temporary and permanent staffing services. They operate in industries like manufacturing, warehouse, clerical, transportation, hospitality, and education. With over 30 locations in states such as Missouri, Arkansas, and Oklahoma, they offer flexible options, weekly pay, and benefits from the first day. Their services focus on custom solutions and high client retention to match people with jobs effectively.
Who are the top competitors of Penmac?
Penmac's top competitors include TeamLease, Cielo and Kelly Services.
What products or services does Penmac offer?
Penmac offers Industrial Staffing, Clerical Staffing, Transportation Staffing, and Education Staffing.
How many acquisitions has Penmac made?
Penmac has made 1 acquisition, including ERC Staffing.