October 18, 2023

Futuris Co. (OTCMKTS: FTRS) accomplished its acquisition of the specialised healthcare staffing enterprise of Recruiter.com. The transaction closed Oct. 1, after the receipt of shopper approvals, in accordance with the corporate.

“This Recruiter.com acquisition will convey extra revenues to our healthcare staffing enterprise, and with our earlier acquisitions of Insigma and HealthHR, it additional cements our standing as a pacesetter within the healthcare staffing business,” Futuris CFO Robert Day mentioned in a press assertion.

Phrases of the Recruiter.com deal, which was first introduced in September, name for New York-based Recruiter.com to switch particular shopper contracts to Futuris, and the transaction worth consists of Futuris inventory valued at $500,000 and a share of the continued gross revenue, with a most of $2 million.

Futuris relies in Rockville, Maryland, and focuses on govt search, staffing, consulting and tech providers.