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HomeStaffingAcquisition roundup: BGSF, HireQuest, DHR World

Acquisition roundup: BGSF, HireQuest, DHR World

December 13, 2022

BGSF Inc. (NYSE: BGSF) introduced the acquisition of Horn Options Inc., whereas HireQuest Inc. (NASDAQ: HQI) closed on its cope with MRINetwork and DHR World acquired Boyden’s workplaces in Calgary and Saskatoon, Canada.


BGSF Inc., a Plano, Texas-based staffing supplier, acquired Horn Options Inc., a Sugar Land, Texas-based consulting, managed companies and staffing supplier with a deal with finance/accounting and IT.

Horn posted income of $30 million within the 12 months ending September. It additionally has workplaces in Dallas and Austin, Texas.

“Horn’s individuals and relationships add depth and breadth to our current high-value enterprise consulting and managed service platforms, permitting us to broaden on our current IT-managed companies,” BGSF Chair, President, and CEO Beth Garvey mentioned. “In 2023 and past, we anticipate cross-selling alternatives in addition to synergies.”

HireQuest Inc.

HireQuest Inc. (NASDAQ: HQI), a South Carolina-based staffing franchisor, accomplished the acquisition of sure belongings of MRINetwork, an govt recruiting community headquartered in Delray Seashore, Florida. HireQuest in November agreed to pay roughly $13.5 million earlier than working capital changes.

MRI brings an extra franchise providing for the corporate in addition to 232 US and worldwide franchise workplaces.

DHR World

DHR World, a Chicago-based govt search agency, acquired the Calgary and Saskatoon workplaces of world govt search agency Boyden. The acquisition provides 12 companions, associates and administrative professionals to the DHR Calgary workplace, increasing DHR World’s footprint in Canada.

“We’re happy to construct on our attain, assets and relationships in Canada with the acquisition of Boyden’s Calgary workplace,” DHR World CEO Geoff Hoffmann mentioned.

DHR World was based in 1989 and ranks ninth on SIA’s listing of largest retained search companies within the US. It serves greater than 50 markets spanning 22 international locations.

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