HireQuest, Inc. Announces Closing of Northbound Executive Search Acquisition

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Mar 01, 2022

GOOSE CREEK, SC / ACCESSWIRE / February 28, 2022 / HireQuest, Inc. (Nasdaq:HQI), a national franchisor of on-demand, temporary, and commercial staffing services, today announced that it has completed the previously disclosed acquisition of Northbound Executive Search, LTD., a New York, New York based provider of executive placement and short-term consultant services primarily to blue chip clients in the financial services industry. Simultaneuos with the closing of the acquisition, HireQuest closed on the sale of Northbound to a franchisee, and completed Northbound's conversion to HireQuest's franchise model. Northbound generated over $15 million of revenue in 2021.