Star Equity Holdings, Inc. (STRR) Form 8-K — Nov 4, 2026
Star Equity Holdings (Nasdaq: STRR/STRRP) closed the acquisition of Cornerstone RPO LLC, a Virginia-based recruitment process outsourcing provider, on November 2, 2026. Cornerstone will operate within Star's Hudson Talent Solutions business in its Business Services division. The deal structure is $500,000 in cash at closing (with $100,000 escrowed), a $250,000 unsecured three-year promissory note, up to $250,000 in client-transition (lift-and-shift) consideration, and up to $1.5 million in earnouts tied to cumulative legacy-client revenue milestones of $6M, $12M, and $20M over 36 months. Maximum aggregate consideration is $2.5 million.
Key figures
- Deal Value Usd
- 2500000
- Earnout max
- $1,500,000
- Deferred note
- $250,000 over 36 months, unsecured, non-interest-bearing absent default
- Active clients
- more than 30
- Lift and shift max
- $250,000
- Cornerstone founded
- 2005
- Organizations served
- more than 200
- Closing date consideration
- $500,000 (including $100,000 escrow)
- Earnout revenue milestones
- ["$6,000,000","$12,000,000","$20,000,000 cumulative legacy-client revenue over 36 months"]
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