James Paterek
Industry Leader/Advice Giver
One of the defining chapters in James Paterek’s career was his role as the founder and chairman of COMFORCE Corporation, a leading publicly traded company formerly listed on ASE: CFS. COMFORCE established itself as a prominent staffing, outsourcing, and financial services player. With a robust workforce of over 11,000 employees and a global presence spanning 76 offices, COMFORCE operates across three core business segments: Human Capital Management Services, Staff Augmentation, and Financial Outsourcing Services. Under his visionary leadership, COMFORCE was recognized as the fastest-growing public staffing company by SIA for two consecutive years. During this transformative period, COMFORCE experienced an exceptional surge in net revenue, surging from $12 million to nearly $500 million, resulting in an impressive $800 million in gross system-wide revenue. Concurrently, the company's operating profit witnessed a meteoric rise, escalating from $245,000 to almost $31 million. This remarkable growth narrative was driven by a powerful combination of organic year-on-year expansion and the execution of nearly a dozen strategic acquisitions.
Before his tenure at COMFORCE, he embarked on an entrepreneurial journey as the founder and CEO of a private holding investment firm. Here, he showcased his exceptional ability to raise substantial capital, securing an impressive sum of $300 million. Under his astute leadership, the firm embarked on strategic acquisitions of portfolio companies, collectively amassing an annual revenue of $500 million.
Beyond these notable milestones, he is celebrated for his extensive expertise in the intricate processes of business acquisition, financing, and seamless integration. His impressive track record includes completing over twenty-eight acquisitions and procuring over $600 million in investment capital for these ventures. Furthermore, his financial acumen is evident in his adept navigation of the complexities of financial markets and his skillful management of public companies.
James Paterek's journey is a testament to his unwavering dedication, innovation, and strategic leadership, firmly establishing his presence as a prominent figure in the ever-evolving landscape of business and entrepreneurship.
private holding investment firm