HireQuest Transfers Majority Ownership of MRINetwork to Franchise Leadership Group

Reuters
2025.12.01 21:10
portai
I'm PortAI, I can summarize articles.

HireQuest Inc. announced the transfer of majority ownership of MRINetwork to a new leadership group of current and former franchise owners. HireQuest will retain partial ownership and continue providing essential services. The move aims to enhance MRINetwork's market position and growth potential, with new service models and strategic initiatives expected by early 2026. The transaction is pending customary conditions and is set to close in the coming weeks.

HireQuest Inc. has announced a significant change in the ownership structure of its global executive search brand, MRINetwork. Majority ownership of MRINetwork will transition to a new leadership group composed of current and former franchise owners: Todd Govig, Mark Angott, Mike Brown, and Mark and Jay Schwartz. HireQuest will retain partial ownership, continuing to provide essential infrastructure, purchasing power, and shared services. The move aims to strengthen MRINetwork’s market position and growth potential, with enhanced service models and strategic initiatives expected to roll out in early 2026. The transaction is set to close in the coming weeks, pending customary conditions. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. HireQuest Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CL36329) on December 01, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)