James Paterek
James Paterek is a seasoned and accomplished professional with a distinguished business career.
Currently, he holds the esteemed position of Chief Operating Officer at Millbrook Support Services, Inc., an organization known for its exceptional provision of staffing services tailored to the specific needs of government agencies. Within Millbrook's comprehensive portfolio, he plays a pivotal role in ensuring the deployment of highly skilled healthcare professionals, including physicians, nurses, advanced practice providers, and Allied Healthcare experts, to support the vital missions of these government entities.
In addition to his role at Millbrook, he dons another significant hat as the CEO of Paterek & Company. This private consultancy firm is strategically positioned within the Human Capital sector, where it offers invaluable guidance and strategic insights to businesses involved in staffing, outsourcing, and consulting. His visionary leadership is instrumental in guiding these enterprises through the industry's intricacies, helping them thrive in an ever-evolving landscape.
A defining chapter in his illustrious career was his role as the founder and chairman of COMFORCE Corporation, a leading publicly traded company formerly listed on ASE: CFS. COMFORCE made significant strides in staffing, outsourcing, and financial services, boasting a formidable workforce of over 11,000 employees and a global presence spanning 76 offices. The company operated across three core business segments: Human Capital Management Services, Staff Augmentation, and Financial Outsourcing Services. Under his leadership, COMFORCE was recognized as the fastest-growing public staffing company by SIA for two consecutive years. Over these transformative years, COMFORCE witnessed an exceptional surge in net revenue, skyrocketing from $12 million to nearly $500 million, resulting in a staggering $800 million in gross system-wide revenue. Concurrently, the company's operating profit experienced a meteoric rise, ascending from $245,000 to almost $31 million. This extraordinary growth narrative was fueled by a potent combination of organic year-on-year expansion and the successful execution of nearly a dozen strategic acquisitions.
Before his tenure at COMFORCE, Paterek embarked on an entrepreneurial journey as the founder and CEO of a private holding investment firm. Here, he demonstrated 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.
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