About James Paterek
James Paterek is a seasoned and accomplished professional with a distinguished career in the business world.
As the Chief Operating Officer of Millbrook Support Services, Inc., he spearheads crucial staffing services to government agencies, ensuring that physicians, nurses, advanced practice providers, and Allied Healthcare professionals are deployed to support these agencies' vital healthcare missions. Millbrook is recognized for its commitment to excellence in healthcare staffing.
Simultaneously, he wears another significant hat as the CEO of Paterek & Company, a private consultancy firm strategically positioned within the Human Capital sector. The firm specializes in providing invaluable guidance and strategic insights to staffing, outsourcing, and consulting businesses within this domain. His visionary leadership is instrumental in helping these enterprises navigate the industry's complexities and prosper in a dynamic business 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, ascending 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, increasing 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 James's tenure at COMFORCE, he 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.