ComSpec Management Group Information

ComSpec Management Group is a brokerage firm specializing in bringing Sellers and Buyers in the staffing industry together. Frances Tannehill and Larry Martin, the principals of Comspec, have been in the staffing industry for over 30 years, both as business owners and brokers. We have a very good understanding of this industry and what it takes to grow a business that will be attractive to prospective Buyers. Frances Tannehill has been in the staffing industry since 1968 when she joined Norrell Services in Atlanta. She left Norrell in 1980 to start TRC Staffing Services. While at TRC, Frances served as a Director on the ASA Board. After growing TRC from "0" to $25 million in 5 years, she decided to sell her interest to her partners. Upon completing a 4 year non-compete agreement, she started consulting in the staffing industry. In 1991, Frances became one of the owners of a small staffing service in Atlanta started by Larry Martin and his wife. The staffing company has been sold, and her main interest is now mergers and acquisitions. Larry Martin has a background in manufacturing and staffing. He has a good deal of experience in M&A from the manufacturing side. He was involved in several acquisitions as a part of his company's growth plans. Larry and his wife started a staffing service in Atlanta in 1985. His expertise lies in the financial and operations side of the business. He is very knowledgeable of IT regarding front and back office needs of the staffing industry. You will find that our approach is a bit different from the standard brokerage firms. When a company decides that it is time to sell or start thinking about selling, ComSpec's first step is to address how we can create the best possible image to present to a prospective Buyer. This involves making sure the information regarding the infrastructure, financials, mix of business, market share, etc. are in order. We will make recommendations, put together a package to present to potential Buyers, and market their company to Buyers we feel most nearly mirror their philosophy and mode of operation. ComSpec's ultimate goal is to assist prospective Sellers in receiving the best value for their company. Additional services offered by ComSpec: In addition to marketing staffing services who want to sell, ComSpec offers other valuable services: Consulting, Training, and Recruiting. Our team of industry professionals are successful owners who now have a mission to share their knowledge and expertise with owners of staffing services who have the ultimate goal of selling their company and want to develop an exit strategy. We welcome your inquires and they will be held in the strictest confidence.