---
schema_version: "secwatch.filing_event.v1"
accession: "0001474903-25-000125"
form_type: "8-K"
ticker: "BGSF"
cik: "0001474903"
company_name: "BGSF, INC."
filed_at: "2025-09-12T23:59:59+00:00"
generated_at: "2026-05-17T06:44:09.969634+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# BGSF closes $99M all-cash sale of Professional Division to INSPYR Solutions

## Summary
- Sold Professional Division to INSPYR Solutions (A&M Capital portfolio co.) for $99M cash on Sept 8, 2025.
- Repaid ~$43M credit facility (BMO Bank) and ~$4.4M convertible note at closing.
- Pro forma shows net loss of $3.8M for 26-week period ended June 29, 2025, after divestiture.
- Company intends to use proceeds to eliminate debt and invest in Property Management business.
- Board to work with advisors to determine best use of remaining proceeds for shareholder value.

## SEC filing metadata
- accession: 0001474903-25-000125
- form_type: 8-K
- ticker: BGSF
- cik: 0001474903
- company_name: BGSF, INC.
- filed_at: 2025-09-12T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.02, 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1474903/000147490325000125/0001474903-25-000125-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1474903/000147490325000125/bgsf-20250908.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001474903-25-000125
- JSON: https://secwatch.observer/filing/0001474903-25-000125.json
- Plain text: https://secwatch.observer/filing/0001474903-25-000125.txt

## Key facts
- M&A Transactions
  BGSF, INC. completed a disposition involving INSPYR Solutions Intermediate, LLC for $99 million in cash (closed 2025-09-08).
  - Action: disposition
  - Counterparty: INSPYR Solutions Intermediate, LLC
  - Consideration: $99 million in cash
  - Closing: 2025-09-08
  source text: Solutions Holdings Corporation, an affiliate of Purchaser, and (iii) sell all of the issued and outstanding equity interests of BG F&A and BGSF Professional to Purchaser, for $99 million in cash (subject to adjustment as provided in the Equity Purchase Agreement) and otherwise upon and subject to the terms and conditions set forth in the Equity Purchase Agreement
  evidence_url: https://www.sec.gov/Archives/edgar/data/1474903/000147490325000125/0001474903-25-000125-index.htm

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