Staffing 360 Solutions, Inc. announced that it has closed the acquisition of Initio International Holdings Limited. In addition to Brendan Flood becoming Executive Chairman, Matt Briand, the President and CEO of Monroe Staffing Services, LLC, a subsidiary of Initio, was appointed to the position of Co-CEO of Staffing 360 Solutions. Allan Hartley, the company's former CEO will also be a Co-CEO of Staffing 360 Solutions along with Mr. Briand.

Other management and board changes as a result of the Initio acquisition include A. J. Cervantes assuming the role of Vice Chairman of Staffing 360 Solutions, in addition to his current title of President. Peter Goldstein, former Chairman and a director, resigned his positions concurrent with the Initio acquisition, but remains an advisor to the company.