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$ShiftPixy(PIXY.US)$ Press Release: ShiftPixy Announces Execution of Its Second Asset Purchase Agreement to Acquire a Provider of Human Capital to Several Key Industrial Clients Across Western U.S.
Dow Jones· 3 mins ago
ShiftPixy Announces Execution of Its Second Asset Purchase Agreement to Acquire a Provider of Human Capital to Several Key Industrial Clients Across Western U.S.
MIAMI--(BUSINESS WIRE)--April 02, 2024--
ShiftPixy, Inc. (Nasdaq: PIXY) ("ShiftPixy" or the "Company"), a Florida-based national human capital provisioning enterprise which designs, manages, and sells access to a disruptive, revolutionary platform that facilitates employment in the rapidly growing Gig Economy, today announces the execution of its second asset purchase agreement to acquire a leading provider of human capital across the Western U.S.
The Seller is a market leader providing recruitment, staffing and Human Resources solutions with a deep presence in the Western region, growing to an impressive annual revenue exceeding $50 million with a significant, diverse portfolio of 100 blue chip customers. The company's strategic operations span multiple states with offices optimally located to serve its valued customer base and loyal contingent workforce of over 10,000 temporary employees.
"This next in our series of acquisitions, continues our accelerated growth goals for ShiftPixy as we rapidly expand our national market presence," said Scott Absher, CEO of ShiftPixy. "Our goal is to continue our national roll-up through 2024 and leverage our technology advantage in today's world of work."
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