HireQuest Acquires Assets of Snelling Staffing

February 1, 2021

HireQuest, Inc., through its subsidiary HQ Snelling Corporation, entered into a definitive asset purchase agreement to acquire certain assets of Snelling Staffing for approximately $17.3 million (before working capital adjustments). The deal includes 48 Snelling locations (about $95 million in system-wide sales in 2020) and is intended to expand HireQuest’s commercial staffing capabilities and geographic footprint across the U.S.

Buyers
HireQuest, Inc., HQ Snelling Corporation
Targets
Snelling Staffing
Sellers
Snelling Staffing
Industry
Staffing & HR
Location
Texas, United States
Transaction Type
Buyout

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