LO3 Capital, a private investment firm focused on transformative capital for lower-middle market companies, has announced a senior debt investment in FastTrack Staffing, Inc., a provider of temporary and temp-to-hire staffing services headquartered in Ocala, Florida.
Founded in 1982, FastTrack operates 14 locations across four states, serving a broad customer base in light industrial, skilled trades, and non-clinical healthcare. Known for strong client relationships and reliable staffing delivery, the company is now poised for its next growth phase under new ownership.
Leadership Transition and Strategic Growth
The transaction facilitates the acquisition of FastTrack by Randy Burkhart, a seasoned staffing industry owner-operator with over 30 years of experience. Burkhart has previously collaborated with LO3 Capital on the successful acquisition and exit of Bonney Staffing.
FastTrack’s existing management team remains in place, with Brad Dailey continuing as Chief Operating Officer. Dailey has led the company’s day-to-day operations since 2015, expanding it from four to fourteen locations, and his continued leadership ensures operational continuity during this transition.
“FastTrack operates a scalable staffing platform with a proven operating model,” said Glenn Harrison, Managing Partner & Co-Founder of LO3 Capital. “The company’s disciplined approach, diversified customer base, and experienced leadership team position it well for continued growth.”
A Broader Staffing Market Context
The deal highlights the ongoing consolidation and investment in the staffing sector, particularly in lower-middle market firms with scalable operations and diversified client portfolios. Temporary and temp-to-hire staffing remains in demand across multiple industries as businesses navigate talent shortages, operational flexibility needs, and economic uncertainty.
This marks LO3 Capital’s fifteenth investment since its September 2022 launch, underscoring the firm’s strategy of supporting growth-oriented staffing and service businesses with long-term capital and operational guidance.
As the staffing industry continues to evolve, investments like this signal confidence in experienced operators and proven management teams to drive sustainable expansion in an increasingly competitive labor market.
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