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Hospitality Staffing completes asset sale

January 28 2014

Hospitality Staffing Solutions LLC completed the sale of its assets to private investment firm HS Solutions Corp. Atlanta-based Hospitality Staffing provides staffing to hotels, resorts and casinos.

HS Solutions Corp. is an entity formed by LJC Investments I, LLC and a group of investors including Littlejohn Opportunities Master Fund, L.P., Caymus Equity Partners and Management.

Hospitality Staffing filed for Chapter 11 bankruptcy in order to facilitate the sale; it received court approval for the sale last month.

“Today is an exciting new day for our company and marks the final step in the plan we laid out last October,” said President and CEO Rick Holliday. “With the significant financial resources and backing of our new investor group, we are even better positioned to grow and continue to deliver the highest quality service to our valued customers across the country.”

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