STRR | Market Cap: $41.4M (07/13/26)
Industry:
Commercial Services Housing & Household Durables Energy Services

DESCRIPTION

Star Equity is a diversified holding company formed through the August 2025 merger of Hudson Global, an RPO firm, and the prior Star Equity Holdings, a building and energy services company. The company operates across three core businesses. The largest, Hudson Talent Solutions, provides RPO services where Hudson manages the full or partial recruiting function of large multinational corporations on an outsourced basis, charging clients a fee rather than billing through contractor compensation. Hudson also provides contingent workforce and MSP services, with particular strength in Asia Pacific, and operates across 18 countries. The Building Solutions segment manufactures modular multi-family residential and commercial buildings through KBS Builders in Maine, panelized wall systems through EdgeBuilder, and glue-laminated wood products through Timber Technologies, selling primarily to developers and contractors in the Northeast U.S. The Energy Services segment, added via the March 2025 acquisition of Alliance Drilling Tools, rents specialized downhole drilling tools on a per-project basis to oil and gas, geothermal, and mining operators. Star Equity's capital allocation strategy centers on acquiring businesses at low EBITDA multiples using preferred stock as acquisition currency, pursuing bolt-on acquisitions, and repurchasing shares. Management also targets organic growth at Hudson through geographic expansion into the Middle East, Latin America, and Japan, and through its AI-enabled recruiting platform, Hudson Fusion.

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