Hudson Global Resources (Aust) Pty Ltd, a public sector recruitment firm burdened by debt, is poised to exit voluntary administration after months of negotiations.
ASX-listed technology and recruitment consulting firm HiTech Group Australia is in final talks to acquire the company, marking the end of a three-month restructuring process overseen by WLP Restructuring and TIP Group.
The deal would transfer management of Hudson's operations—supplying temporary workers to state and federal government departments—to HiTech Group, potentially revitalising the struggling recruitment firm.
The acquisition comes amid ongoing challenges for public sector recruiters, with Hudson's financial struggles highlighting broader industry pressures.
While details remain under negotiation, the potential sale signals a significant shift in ownership and operational control, offering hope for stability in an increasingly competitive market.
Original title: ASX-listed suitor closes in on deal for troubled recruiter Hudson
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