May 2026
📣 VC round data is live. Check it out!
Largest Recruitment & Staffing Public Companies in Saudi Arabia
Benchmark revenue and EBITDA valuation multiples for public comps like
Maharah HR, SMASCO, Al Mawarid Manpower and Tamkeen HR.
 | Maharah Human Resources Co is a Saudi Arabia-based company. The company engages in temporary employment agency activities for domestic services and temporary employment agency activities for foreign labor services. Its operating segment includes the Corporate Sector, Facility Management Sector, and Individual Sector. Geographically, it derives a majority of revenue from KSA and also has a presence in the UAE. The company serves individuals, industrial and operational, retail, hospitality, healthcare, and commercial sectors. | $2 | +17% | $721M | $853M | 1.4x | 14.7x | ||
| Saudi Manpower Solutions Co (SMASCO) is a Company whose main activities is temporary employment agency services for home services and temporary employment agency services for foreign labour. It has distinguished itself in the manpower industry by offering a comprehensive suite of services tailored to corporate clients. These services are designed to address the demands of various sectors, encompass everything from basic manpower provision to total manpower solutions. | $2 | -8% | $610M | $540M | 1.0x | 9.6x | ||
| Al Mawarid Manpower Co is a Saudi closed joint stock company. The company is engaged in labor recruitment activities and the provision of manpower services in the Kingdom to corporate clients (in the public and private sectors) and individuals. The company operates in three reportable segments: Corporate Segment, Individual Segment, and Hourly Segment out of which Corporate Segment represents the majority revenue generated from corporate clients, mainly in connection with the following client industries: maintenance companies, restaurants, construction and contracting, transportation and hospitals. | $23 | -14% | $469M | $447M | 0.8x | 12.6x | ||
| Tamkeen Human Resource Co is engaged in providing manpower resources services to various sectors, The Group provides continuous support to each sector, from supplying skilled professionals to ensuring swift employment and addressing sector-specific requirements. The Companys main activity is in labour recruitment and providing manpower services in respect of domestic human resources. It has two segments Corporate segment (B2B) in various sectors, and the Individual segment (B2C), serving households mainly with maids, drivers, and cooks. | $12 | -14% | $320M | $268M | 1.0x | 6.8x | ||
| Median | $7 | -11% | $539M | $494M | 1.0x | 11.1x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
Recent Insights
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.