SUPERIOR GROUP OF COMPANIES, INC. (SGC) Form 8-K — Nov 2, 2026
Superior Group of Companies (NASDAQ: SGC) announced that its Contact Centers segment, The Office Gurus, completed the acquisition of Select VoiceCom, a Philippines-based BPO provider, effective October 28, 2026. The deal price was approximately $26.9 million in cash plus a potential earn-out of up to $6.4 million tied to revenue over two years, funded with borrowings under SGC's PNC-led syndicated credit facility. The acquisition gives TOG delivery centers in Cebu City and Davao, its first direct Philippines operating presence, supporting its Experience Process Outsourcing strategy across healthcare, financial services, legal, and e-commerce verticals.
Key figures
- Deal Value Usd
- 26900000
- Target sites
- ["Cebu City","Davao"]
- Effective date
- 2026-10-28
- Earnout max usd
- 6400000
- Indemnification cap usd
- 6400000
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