ClosedPublished 26 Apr 2023

BGSF, Inc. /
Arroyo Consulting

BGSF expands professional workforce solutions with Arroyo Consulting

Price
$8.0m
Stage
Closed
Buy side: BGSF, Inc.
Buy sideBGSF, Inc.
Target: Arroyo Consulting
TargetArroyo Consulting
Source · 26 Apr 2023
Buy side: BGSF, Inc.
Buy sideBGSF, Inc.
Target: Arroyo Consulting
TargetArroyo Consulting
01 / BuyerBGSF, Inc.
02 / TargetArroyo Consulting
01

What happened

BGSF, Inc. acquired Arroyo Consulting in a transaction involving substantially all of its assets and certain liabilities. Arroyo Consulting specializes in IT and software development, with operations in the US, Colombia and India.

The purchase price was $8.0 million, subject to a working capital adjustment. The agreement also provides for earn-out payments of up to an aggregate of $8.5 million, subject to performance targets.

02

The source

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01
Source · Original source

BGSF expands professional workforce solutions with Arroyo Consulting

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03

Timeline

Every date the source states, in order. Anything marked ahead is a target the source gives, not something that has happened.

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