HireQuest Acquires Assets of Snelling Staffing

SLG Staffing Acquires Snelling Industrial (Baton Rouge) Franchise and Staffing Assets of KLS Inc.

July 2, 2024

Staffing & HR

SLG Staffing (part of SLG Investment Holdings) acquired the Baton Rouge, Louisiana franchise office of Snelling Staffing (locally known as Snelling Industrial, formerly Link Staffing) and the staffing assets of KLS Inc. The deal expands SLG's local footprint in Baton Rouge and represents the 11th acquisition for parent company SLG Investment Holdings, according to CEO Sharon Gordon.

HireQuest Acquires Assets of MRINetwork

November 16, 2022

Staffing & HR

HireQuest, Inc. entered into a definitive agreement to acquire certain assets of MRINetwork (MRI), including its 232 franchise offices, for approximately $13.5 million before working capital adjustments. The acquisition gives HireQuest immediate scale in executive search and professional staffing, adding MRI's franchise network and complementary capabilities to HireQuest's existing staffing brands.

Staffing 360 Solutions Acquires Headway Workforce Solutions

April 19, 2022

Staffing & HR

Staffing 360 Solutions, Inc. has signed an agreement to acquire Headway Workforce Solutions for up to approximately $14 million in a combination of preferred stock and earn-out cash. The acquisition adds Headway’s national staffing operations, proprietary recruiting technologies and a 3-million candidate database to Staffing 360’s buy-and-build consolidation strategy.

HireQuest, Inc. Acquires Northbound Executive Search

January 25, 2022

Staffing & HR

HireQuest, Inc. entered into a definitive agreement to acquire Northbound Executive Search, a New York-based executive placement and short-term consultant firm founded in 2010 that generated over $15 million of revenue in 2021. HireQuest will fund the deal with cash on hand, a modest draw on its line of credit, $500,000 in HireQuest stock and a seller's note portion payable over three years; Northbound founders Rachel and Greg Feder will remain to lead the business.

HireQuest, Inc. to Acquire dmDickason Personnel Services’ Staffing Division

January 10, 2022

Staffing & HR

HireQuest, Inc. entered into a definitive agreement to acquire the staffing division of dmDickason Personnel Services, a family-owned business based in El Paso, Texas. The deal includes three staffing offices in West Texas and New Mexico, which will be converted into Snelling franchise locations at closing, expected in Q1 2022.

HireQuest Acquires Recruit Media

October 4, 2021

Cloud & SaaS

HireQuest, Inc. (Nasdaq: HQI) has acquired Recruit Media, Inc., an HR tech start‑up that operates a next‑gen SaaS recruitment platform. The deal was funded with cash on hand and a modest revolver draw and is intended to accelerate HireQuest's digital strategy by integrating Recruit Media's multimedia candidate profiles, in‑app messaging/video chat, and mobile/web platform into HireQuest's franchise technology suite.