M&A Deal Summary

HireQuest Acquires Hire Quest

On April 8, 2019, HireQuest acquired staffing company Hire Quest

Acquisition Highlights
  • This is HireQuest’s 2nd transaction in the Staffing sector.
  • This is HireQuest’s 2nd transaction in the United States.
  • This is HireQuest’s 1st transaction in Colorado.

M&A Deal Summary
Date 2019-04-08
Target Hire Quest
Sector Staffing
Buyer(s) HireQuest
Deal Type Merger
Advisor(s) Raymond James - Investment Banking (Financial)
Hill Ward Henderson (Legal)

Target

Hire Quest

Longmont, Colorado, United States
Hire Quest is a trusted name in temporary staffing. Hire Quest provides the back-office support team for Trojan Labor and Acrux Staffing franchised branch locations across the United States. Trojan Labor provides temporary staffing services which include general labor, industrial, and construction personnel. Acrux Staffing provides temporary staffing services which include skilled, semi-skilled and general labor industrial personnel, as well as clerical and secretarial personnel.

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Buyer(S) 1

Buyer

HireQuest

Goose Creek, South Carolina, United States
Category Company
Founded 2002
Sector Staffing
Employees96
Revenue 38M USD (2023)
DESCRIPTION

HireQuest is a provider of flexible on-demand employment solutions to businesses in the United States, primarily in the areas of light industrial, hospitality and event services. HireQuest was founded in 2002 and is based in Goose Creek, South Carolina.

DEAL STATS #
Overall 2 of 9
Sector (Staffing) 2 of 9
Type (Merger) 1 of 1
State (Colorado) 1 of 2
Country (United States) 2 of 9
Year (2019) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-06 Hancock Staffing

Oklahoma City, Oklahoma, United States

Hancock Staffing is a provider of staffing solutions for light industrial, construction, hospitality and event services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-30 Command Center - California Locations

Lakewood, Colorado, United States

Command Center, Inc. - California Locations is a provider of staffing solution in California.

Sell $2M
Mergr

Product

Company

Legal