Source One Staffing Acquires TempsNow in Midwest Power Play

Source One Staffing Acquires TempsNow in Midwest Power Play

📊 Key Data
  • Acquisition: Source One Staffing acquires TempsNow, expanding its presence in Illinois, Wisconsin, and Ohio.
  • Industry Trend: Staffing firm M&A deals are at a 'market in overdrive' with valuations of 4-7x EBITDA for well-run agencies.
  • Service Expansion: Combined entity will offer services across manufacturing, logistics, warehousing, electronics, facilities, and packaging sectors.
🎯 Expert Consensus

Experts view this acquisition as a strategic move to consolidate the fragmented staffing industry, enhancing operational scale and service delivery in key Midwest markets.

2 days ago

Source One Staffing Acquires TempsNow in Midwest Power Play

DALLAS, TX – January 16, 2026 – In a significant strategic move solidifying its regional dominance, Source One Staffing today announced its acquisition of TempsNow, a specialized industrial staffing firm with a strong presence across Illinois, Wisconsin, and Ohio. The deal, for which financial terms were not disclosed, marks a major expansion of Source One's footprint and deepens its capabilities in the competitive Midwest manufacturing and logistics corridors.

This acquisition brings TempsNow, a firm known for its expertise in warehouse, logistics, and manufacturing placements, under the umbrella of Source One Staffing, a provider with over three decades of experience. The move is poised to create a more formidable player in the industrial staffing sector, combining Source One's established operations in Dallas/Fort Worth, Chicago, and St. Louis with TempsNow's concentrated regional network.

A Strategic Midwest Expansion

The acquisition is being framed by leadership not as a simple buyout, but as a deliberate strategic maneuver to enhance service delivery and market penetration in one of the nation's most critical industrial hubs. By integrating TempsNow’s operations, Source One gains immediate and substantial access to key markets in Wisconsin and Ohio, while bolstering its existing strength in Illinois.

"The addition of TempsNow's operations strategically strengthens our presence across the Midwest while enhancing our ability to deliver reliable, scalable workforce solutions," said Jacob Wiczer, partner at Source One Staffing, in the official announcement. This sentiment underscores the core logic of the deal: building geographic density and operational scale. Wiczer added, "Together, we're building on a shared commitment of operational excellence, strong customer relationships, and measurable performance outcomes."

The combined entity will now offer a more robust suite of services across a wider territory, specializing in sectors vital to the American economy, including manufacturing, logistics, warehousing, electronics, facilities services, and packaging. For clients, this translates into access to a larger, more diverse talent pool and the backing of a larger organization with advanced technology and resources. For job seekers, it opens up a broader array of opportunities with leading employers across the region.

"TempsNow has developed a stellar local reputation grounded in service quality and responsiveness," Wiczer noted. "We're thrilled to welcome their team into the Source One family and look forward to creating expanded opportunities for both clients and job seekers."

Riding a Wave of Industry Consolidation

Source One's acquisition of TempsNow is not happening in a vacuum. It is indicative of a powerful consolidation trend sweeping the highly fragmented staffing industry. In recent years, the M&A market for staffing firms has been exceptionally active, with analysts describing the 2025-2026 landscape as a "market in overdrive." Deal volume has surged as both private equity firms and strategic buyers like Source One seek to acquire smaller, regional players to achieve scale and enter new niche markets.

The industrial and light industrial staffing sectors have been particularly attractive targets. These firms provide essential labor to the backbone of the economy and often generate stable, recurring revenue from long-term contracts. While the financial details of the Source One-TempsNow deal remain private, industry valuation metrics provide context for its strategic value. Well-run light industrial staffing agencies in the current market can command valuations of four to seven times their annual earnings (EBITDA), with premium assets fetching even higher multiples. This highlights the significant underlying value in acquiring a company with a strong regional brand and established client relationships.

This trend is driven by a desire for efficiency, expanded service offerings, and the ability to compete for larger, national contracts. By combining back-office functions, technology platforms, and recruiting resources, consolidated firms can operate more efficiently and offer a more compelling value proposition to both businesses and workers.

The Promise of Seamless Integration and Enhanced Value

During any acquisition, a primary concern for clients and employees is the potential for disruption. The leadership of both Source One and TempsNow have moved quickly to address these concerns, emphasizing a commitment to a seamless transition and continuity of service.

According to the announcement, all TempsNow employees will be integrated into the Source One Staffing organization, and the combined operations will continue under the Source One Staffing brand. This approach suggests a focus on retaining talent and institutional knowledge from TempsNow, rather than a disruptive takeover.

Scott Polen, the former owner of TempsNow, expressed optimism about the merger, signaling a cultural and strategic alignment between the two companies. "Joining Source One Staffing marks an exciting new chapter for our clients and team members," Polen stated. "The team's strong focus on workforce performance metrics and customer success will allow us to deliver even greater value across our markets."

This focus on performance metrics—such as fill rates and employee retention—is a key differentiator in the modern staffing industry. By leveraging Source One's advanced technology and proven operational track record, the combined organization aims to set a new standard for service quality in the region. Clients can expect the same local expertise and responsiveness they valued from TempsNow, but now supercharged with the resources and analytical capabilities of a larger, data-driven organization. The ultimate goal is to deliver a more productive and reliable workforce, reducing turnover and boosting efficiency for employers throughout the Midwest.

📝 This article is still being updated

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