Atlantic International Corp. (NASDAQ:ATLN) is one of the best up and coming penny stocks to buy. On February 2, Atlantic International appointed Kevin J. Murphy, CPA, as its new Chief Financial Officer. This leadership change coincides with a major period of expansion for the company, following its acquisition of Circle8 Group, which is a prominent European IT and technology staffing firm.
The merger has transformed Atlantic International into a global workforce solutions platform with ~$1.2 billion in unaudited annual revenue, expanding its operations significantly across North America and into key European markets. Murphy joins the company with over 25 years of senior financial leadership experience across the staffing, technology, and data services industries. Most recently, he served as Executive Vice President and Division CFO of Hospitality Staffing Solutions, where he also functioned in a CEO capacity and delivered 17% revenue growth over two years.
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In his new role, Murphy will focus on scaling the Atlantic platform and integrating the high-growth technology capabilities added through the Circle8 acquisition. The CEO of Atlantic International Corp. highlighted Murphy’s operational mindset and capital markets discipline as essential assets for the company’s next chapter of growth.
Atlantic International Corp. operates as a staffing company servicing the commercial, professional, finance, direct placement, and managed service provider verticals.
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