Overnight Follow-On Offering
Baird served as the sole manager of this transaction
AboutHudson Highland Group (NASDAQ: HHGP) (“Hudson” or the “Company”) recently completed an overnight follow-on offering of 4.83 million shares of its common stock at $4.35 per share, generating approximately $21.0 million of gross proceeds. The Company intends to use the net proceeds of the offering for general corporate and working capital purposes.
Hudson, headquartered in New York, NY, is one of the world's largest providers of specialized professional staffing services. The Company provides mid- to senior-level professional personnel on a temporary or contract basis as well as mid-level search in finance & accounting, IT, legal, and healthcare. Hudson helps clients achieve greater organizational performance by assessing, recruiting, developing and engaging the best and brightest people for their businesses. The Company operates in North America, Europe, and the Asia Pacific region. Hudson employs approximately 2,200 employees who serve 6,100 clients through over 100 offices in more than 20 countries.
For additional information about this transaction, please contact:
- March 2010
- Hudson Highland Group, Inc.
- Technology & Services
- Target Location
- North America
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