---
schema_version: "secwatch.filing_event.v1"
accession: "0001474903-25-000047"
form_type: "8-K"
ticker: "BGSF"
cik: "0001474903"
company_name: "BGSF, INC."
filed_at: "2025-06-17T23:59:59+00:00"
generated_at: "2026-05-19T04:32:19.440040+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# BGSF signs $99M all-cash sale of Professional Division to INSPYR Solutions; CEO to leave July 1

## Summary
- Definitive agreement to sell Professional Division (IT Consulting, Finance/Accounting, Managed Solutions, Near/Offshore Software Engineering) to INSPYR for $99M cash.
- Transaction expected to close H2 2025, subject to shareholder approval and customary closing conditions.
- CEO Beth Garvey and Board Member Cynthia Marshall to resign effective July 1, 2025.
- Kelly Brown (President Property Management) and CFO Keith Schroeder named interim co-CEOs.
- Net proceeds to be used to substantially eliminate debt and invest in Property Management business.

## SEC filing metadata
- accession: 0001474903-25-000047
- form_type: 8-K
- ticker: BGSF
- cik: 0001474903
- company_name: BGSF, INC.
- filed_at: 2025-06-17T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1474903/000147490325000047/0001474903-25-000047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1474903/000147490325000047/bgsf-20250616.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001474903-25-000047
- JSON: https://secwatch.observer/filing/0001474903-25-000047.json
- Plain text: https://secwatch.observer/filing/0001474903-25-000047.txt

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