Overnight Follow-On Offering

Technology & Services
Overnight Follow-On Offering

Summary

Baird served as the sole manager of this transaction

About

Hudson 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:

Brian Doyal (312) 609-4916
Ben Brown (414) 298-7013
Bret Schoch (312) 609-4965
Rick Conklin (312) 609-5480
Technology & Services
Overnight Follow-On Offering
Date
March 2010
Company
Hudson Highland Group, Inc.
Transaction
M&A
Sectors
Technology & Services
Target Location
North America

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