Curated News
By: NewsRamp Editorial Staff
September 30, 2024
Metavesco, Inc. Acquires Key Assets from Epic Labor, Inc. to Diversify Holdings
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Discuss on SubstackTLDR
- Metavesco, Inc. acquires key assets from Epic Labor, Inc. to expand its holdings and drive long-term growth.
- Metavesco, Inc. has acquired customer contracts, tangible assets, and operating assets from Epic Labor, Inc. d/b/a laborSMART, and assumes certain liabilities for ongoing operations.
- Metavesco's acquisition of Epic Labor, Inc. assets will contribute to the staffing industry, providing resilient, long-term growth opportunities and creating new jobs.
- Metavesco, Inc. diversifies its holdings by acquiring assets from Epic Labor, Inc., expanding its market reach and investment opportunities.
Impact - Why it Matters
This news matters as it showcases a strategic move by Metavesco, Inc. to expand its portfolio and enter the staffing industry, which generates over $200 billion in revenue annually in the US. The acquisition demonstrates Metavesco's commitment to long-term growth and innovation, providing a glimpse into the company's future direction and potential market impact.
Summary
Metavesco, Inc. has successfully acquired key assets from Epic Labor, Inc., a provider of on-demand temporary staffing solutions, in a strategic move to diversify its holdings. The acquisition includes customer contracts, tangible assets, and the operating assets of the Nashville and Knoxville, TN branch offices of Epic Labor, Inc. The branch offices will be rebranded under the Epic Labor trademark, owned by Metavesco. This aligns with Metavesco's vision of investing in industries that provide long-term growth.
Source Statement
This curated news summary relied on this press release disributed by NewMediaWire. Read the source press release here, Metavesco, Inc. Acquires Key Assets from Epic Labor, Inc. to Diversify Holdings
