TrueBlue Completes Acquisition
Ticker: TBI · Form: 8-K · Filed: Feb 4, 2025 · CIK: 768899
| Field | Detail |
|---|---|
| Company | Trueblue, INC. (TBI) |
| Form Type | 8-K |
| Filed Date | Feb 4, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: acquisition, m&a
TL;DR
TrueBlue just bought another company, details TBD.
AI Summary
On January 31, 2025, TrueBlue, Inc. announced the completion of its acquisition of an undisclosed company. The filing does not provide specific financial details or the name of the acquired entity, but it confirms the transaction occurred on the reporting date.
Why It Matters
This acquisition could signal TrueBlue's strategic growth and expansion into new markets or service areas, potentially impacting its competitive position and future revenue streams.
Risk Assessment
Risk Level: medium — The lack of specific details regarding the acquired company and the transaction's financial terms introduces uncertainty about the deal's true value and potential impact.
Key Players & Entities
- TrueBlue, Inc. (company) — Registrant
- January 31, 2025 (date) — Date of earliest event reported
- Washington (location) — State of incorporation
- 1015 A Street, Tacoma, Washington 98402 (address) — Principal executive offices
FAQ
What is the name of the company acquired by TrueBlue?
The filing does not disclose the name of the acquired company.
What was the financial value of the acquisition?
The filing does not provide specific financial details or the dollar amount of the acquisition.
When did the acquisition officially close?
The acquisition was completed on January 31, 2025.
What is the primary business of the acquired entity?
The filing does not specify the business of the acquired entity.
Does this acquisition represent a significant strategic shift for TrueBlue?
The filing does not provide information to assess the strategic significance of the acquisition.
Filing Stats: 621 words · 2 min read · ~2 pages · Grade level 12.7 · Accepted 2025-02-04 08:03:29
Filing Documents
- tbi-20250131.htm (8-K) — 34KB
- exhibit991hspacquisitionpr.htm (EX-99.1) — 10KB
- imagea.jpg (GRAPHIC) — 8KB
- tbi-20250131_g1.gif (GRAPHIC) — 10KB
- 0000768899-25-000005.txt ( ) — 209KB
- tbi-20250131.xsd (EX-101.SCH) — 2KB
- tbi-20250131_lab.xml (EX-101.LAB) — 21KB
- tbi-20250131_pre.xml (EX-101.PRE) — 12KB
- tbi-20250131_htm.xml (XML) — 3KB
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure On February 4, 2025 , TrueBlue, Inc. ("TrueBlue") announced the acquisition of Healthcare Staffing Professionals, Inc. ("HSP"). HSP is a long-term temporary and permanent staffing solutions provider primarily focused on healthcare positions including nursing, allied health, behavioral health, and various research, IT and administrative roles. With operations across the country, HSP specializes in serving state and local government entities with a focus on public health departments and agencies, correctional institutions, and education systems. A copy of the press release announcing the acquisition is attached hereto as Exhibit 99.1 and is incorporated herein by reference. In accordance with General Instruction B.2. of Form 8-K, the information contained above in this report (including the exhibits hereto) shall not be deemed "Filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall the contents hereof or the exhibits here to be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing. This report will not be deemed a determination or an admission as to the materiality of any information in the report that is required to be disclosed solely by Regulation FD.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit Number Exhibit Description Filed Herewith 99.1 TrueBlue Press Release dated February 4 , 2025 X 104 Cover page interactive data file - The cover page from this Current Report on Form 8-K is formatted as Inline XBRL X SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. TRUEBLUE, INC. (Registrant) Date: February 4, 2025 By: /s/ Garrett Ferencz Garrett Ferencz Executive Vice President, Chief Legal Officer