Star Equity to Acquire Harte Hanks, Expanding BPO Platform and Synergies
Aug 14, 2026, 8:34 AM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting
Direct accretion from synergies, expanded platform, and tax attributes; minimal dilution due to STRRP and no common stock issued; market reaction hinges on closing timing and integration success.
AI summary
What happened, with direct paths to the underlying reporting
Star Equity Holdings plans to acquire Harte Hanks for $5 per share in cash and STRRP, expanding its Business Services platform. The deal adds Harte Hanks’ CX and BPO capabilities, elevating revenue diversity to about $384 million in 2025 and targeting roughly $10 million annual synergies. Closing is expected by year-end 2026, subject to approvals and go-shop outcomes.
Star to acquire Harte Hanks for $5 per share; cash plus Star Preferred Stock.
Pro forma FY2025 revenue about $384M; EBITDA about $30M after $10M synergies.
Closing expected before year-end 2026; go-shop period for Harte Hanks.
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