HireQuest, Inc. Acquires Northbound Executive Search
January 25, 2022
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.
- Buyers
- HireQuest, Inc.
- Targets
- Northbound Executive Search, LTD.
- Sellers
- Rachel Feder, Greg Feder
- Industry
- Staffing & HR
- Location
- New York, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
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.
-
HireQuest Acquires Assets of Snelling Staffing
February 1, 2021
Staffing & HR
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.
-
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.
-
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.
-
Energage Acquires TalentQuest to Expand Employee Experience Suite
March 25, 2025
Cloud & SaaS
Energage, the HR technology and SaaS company behind the Top Workplaces program, has acquired TalentQuest, a provider of personalized talent management solutions. The acquisition combines Energage’s engagement insights with TalentQuest’s talent development tools to create an integrated employee experience offering for organizations seeking to attract, develop, and retain talent.
-
Morson Group Acquires InterQuest Group
January 10, 2024
Staffing & HR
Morson Group has acquired InterQuest Group, a UK-based technology recruitment and talent specialist. The deal brings InterQuest’s digital, data and technology recruitment brands into Morson’s portfolio to expand its talent solutions and strengthen its presence across the UK, EU and US.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.