ZeroChaos is a pioneer in the Professional Payroll, Outside-Labor Risk Management, and e-Staffing businesses. The Company serves Fortune 1000 clients across multiple industry sectors. The RMP Group Chairman, who also Co-founded AP Capital Partners (APCP) in 2003, was actively involved in the acquisition and subsequent growth of the business.
ZeroChaos enjoyed double-digit growth for the prior three years and was led by an outstanding leadership team. However, the Company needed to (a) diversify its customer base, (b) strengthen the Board, and (c) enhance its access to capital sources to aggressively pursue organic and inorganic growth opportunities.
RMP Group Solution
The RMP Group's chairman, through APCP, partnered with the leadership team at ZeroChaos to lead the LBO of the subsidiary from parent company Co-Advantage Resources, a leading Florida-based staffing firm. APCP leveraged relationships within Fortune 1000 companies to enhance ZeroChaos’ business with existing clients and to open new business development leads. APCP was instrumental in securing outside board members and advisors to guide management, and also leveraged its network of financing partners to provide ZeroChaos with the access to capital (both debt and equity) required to effectively execute its aggressive growth plans.
From December 2004 through December 2008, ZeroChaos secured multiple new Fortune 500 clients and revenues grew more than 400%. By January 2009 ZeroChaos had achieved record earnings for 5 consecutive years, amidst industry-wide declines and global credit crisis. In 2010 ZeroChaos acquired three new firms, adding RPO, screening, and healthcare industry experience to the roster of services. By the end of 2010, the firm grew to approximately US $1 billion in gross revenue, employing over 6,000 employees in 14 countries around the globe, and was sold in late 2010 at a 9.75x EBITDA.