Actionable Stock Market Trading Newswire. Built for Traders, by Traders.
All news is property of their respective owners.

BGSF, Inc. Acquires Horn Solutions, Inc.; No Financial Terms Disclosed

Acquisition Expands BGSF's Position as a Leader in Consulting, Managed Services and Search BGSF, Inc. ((BGSF), a leading national provider of consulting, managed services and workforce solutions, announced today

Acquisition Expands BGSF’s Position as a Leader in Consulting, Managed Services and Search

BGSF, Inc. ((BGSF), a leading national provider of consulting, managed services and workforce solutions, announced today that it has acquired Horn Solutions, Inc. (“Horn Solutions” or “Horn”), a recognized, Texas-based workforce solutions firm specializing in business consulting, managed services, and executive search.

Horn, with offices in Houston, Dallas and Austin, Texas, is well-known for understanding business, listening to needs of its clients and supplying the right professionals, including bench and contract resources, that deliver results. Horn’s areas of focus include Strategic Finance & Accounting, Transactional Accounting & Business Administration, and Information Technology. Horn also offers support services in consulting, loan staff for projects, interim and staff augmentation, direct hire and managed services. Its predecessor was founded in 1987 and re-named Horn Solutions in 2008. Horn reported unaudited revenues of approximately $30 million for the trailing twelve months ending September 2022.

“We are pleased to welcome the entire Horn Solutions team to BGSF,” said Beth Garvey, BGSF’s Chair, President, and Chief Executive Officer. “Horn’s people and relationships add depth and breadth to our existing high-value business consulting and managed service platforms, allowing us to expand on our existing IT managed services. In 2023 and beyond, we anticipate cross-selling opportunities, as well as synergies.”

“Horn Solutions and BGSF are a great fit with shared values and a commitment to client service and employees. The combination of these great organizations brings exciting growth opportunities for both BGSF and the Horn team,” said Gary Horn, Horn Solutions’ prior CEO.

“The BGSF team has grown its company to a nationwide leader in strategic workforce solutions and, together, BGSF and Horn will offer our collective clients with a complementary range of services and solutions,” stated Scott Patenaude, Senior Vice President of Horn Solutions.

Norton Rose Fulbright US LLP served as legal counsel for BGSF in connection with the transaction.

Total
0
Shares
Related Posts
Read More

Stellantis Announced Plans to Take Majority Share in Joint Venture with GAC in China; Stellantis to Raise Stake in GAC-Stellantis from 50% to 75%

StellantisN.V. today announced the plan to increase its shareholding in GAC-Stellantis from 50% to 75%. The announcement is a key element of Stellantis' plan to set a new basis for its business in China. GAC Group and Stellantis have agreed to collaboratively complete the relevant formalities of the deal, which remains subject to the approval of the Chinese government.

STLA