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Hospitality Staffing Solutions LLC announced it received court approval for the sale of its assets to HS Solutions Corp. The company had filed for Chapter 11 bankruptcy in order to facilitate the sale.
Hospitality Staffing Solutions had announced the sale in October. HS Solutions Corp. is an entity formed by LJC Investments I LLC and a group of investors including Littlejohn Opportunities Master Fund LP, Caymus Equity Partners and management.
“We are pleased to have been able to get through the process with the continued support of our clients and team members,” said President and CEO Rick Holliday. “Personally, I am pleased to be back as CEO helping to lead the organization along with our new partners. As a result of this process, the organization is in a better position to continue to drive our business forward and deliver for our valued customers across the U.S.”
The Atlanta-based company provides staffing to hotels, resorts and casinos.