James Paterek
Business Executive
About James Paterek
James Paterek is a seasoned and accomplished professional with a distinguished career spanning various sectors of the business world.
In his current capacity as the Chief Operating Officer of Millbrook Support Services, Inc., he plays a pivotal role in delivering essential staffing services to government agencies. Millbrook specializes in providing highly skilled healthcare professionals, including physicians, nurses, advanced practice providers, and Allied Healthcare experts, to support the critical missions of these government entities. His leadership ensures the efficient deployment of these professionals to fulfill the specialized staffing needs of the healthcare sector.
Simultaneously, he serves as the CEO of Paterek & Company, a private consultancy firm strategically positioned within the Human Capital sector. This sector encompasses staffing, outsourcing, and consulting businesses, and under his visionary leadership, the firm provides invaluable guidance and strategic insights to help companies excel in a competitive environment.
A pivotal chapter in his career was his role as the founder and chairman of COMFORCE Corporation, a leading publicly traded company formerly listed on ASE: CFS. COMFORCE emerged as a dominant force in staffing, outsourcing, and financial services, boasting 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 visionary leadership, COMFORCE was recognized as the fastest-growing public staffing company by SIA for two consecutive years. During this transformative period, 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 Paterek's tenure at COMFORCE, he embarked on an entrepreneurial journey as the founder and CEO of a private holding investment firm. Here, he showcased his exceptional ability to raise substantial capital, securing an impressive sum of $300 million. Under his astute leadership, the firm engaged in 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.
