Daily News: December 22, 2014

Carl Marks Selected by Staffing Firm for Facility Refi

Corporate Resource Services announced that it has retained investment banking firm Carl Marks Advisors to advise the company on refinancing its current credit facility.

“We have announced strong sales results in our staffing divisions for 2014, and as our revenues continue to grow, the refinancing of our credit facility will further strengthen our balance sheet,” said John P. Messina, CEO of Corporate Resource Services. “Carl Marks Advisors will be a trusted advisor to the company through this process.”

“We are pleased to support Corporate Resource Services in securing a new credit facility that will put the company in a strong financial position and enables continued investment in the business and growth strategies,” said Charles Boguslaski, a managing director at Carl Marks Advisors.

New York-based Corporate Resource Services is a diversified technology staffing, recruiting, and consulting services firm serving clients across a wide spectrum of vertical industries in the U.S. and the UK.