---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-028912"
form_type: "8-K"
ticker: "HQI"
cik: "0001140102"
company_name: "HireQuest, Inc."
filed_at: "2022-12-12T23:59:59+00:00"
generated_at: "2026-06-21T05:57:22.665090+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# HireQuest closes acquisition of MRINetwork, adds 232 franchise offices

## Summary
- Acquired customer lists and franchise agreements of MRINetwork, the third-largest executive recruiting network.
- Adds 232 franchise offices in the U.S. and internationally, gaining scale in executive search.
- No purchase price disclosed; deal originally announced on November 16, 2022.
- Transact Capital Securities served as financial advisor to MRINetwork.

## SEC filing metadata
- accession: 0001437749-22-028912
- form_type: 8-K
- ticker: HQI
- cik: 0001140102
- company_name: HireQuest, Inc.
- filed_at: 2022-12-12T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.01, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1140102/000143774922028912/0001437749-22-028912-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1140102/000143774922028912/hqi20221212_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-028912
- JSON: https://secwatch.observer/filing/0001437749-22-028912.json
- Plain text: https://secwatch.observer/filing/0001437749-22-028912.txt

## Key facts
- M&A Transactions
  HireQuest, Inc. completed an acquisition involving MRI Network Holdings, Inc., Management Recruiters International, Inc., MRI International, LLC, and MRI Contract Staffing, LLC (closed 2022-12-12).
  - Action: acquisition
  - Counterparty: MRI Network Holdings, Inc., Management Recruiters International, Inc., MRI International, LLC, and MRI Contract Staffing, LLC
  - Closing: 2022-12-12
  source text: On December 12, 2022, HQ Snelling Corporation (“HQ Snelling”), a wholly owned subsidiary of HireQuest, Inc. (the “Company”) completed its acquisition of certain assets and assumption of certain liabilities (the “Transaction”) of MRI Network Holdings, Inc., Management Recruiters International, Inc., MRI International, LLC, and MRI Contract Staffing, LLC (collectively, the “Sellers”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1140102/000143774922028912/0001437749-22-028912-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.