The Public M&A team advised the Terence E. Adderley Revocable Trust K (“Trust K”) in a sale of its controlling interest in Kelly Services, Inc. (“Kelly”) to Hunt Equity Opportunities, LLC, an indirect subsidiary of Hunt Companies, Inc. (“Hunt”). At the closing, Hunt acquired 3,039,940 shares of Class B Common Stock of Kelly from Trust K, causing Hunt to become the controlling stockholder of Kelly with 92.2% of the outstanding voting power of Kelly stockholders. In connection with the closing of the transaction, the Board of Directors of Kelly unanimously voted to cause all outstanding rights under that certain Stockholder Rights Plan of Kelly, dated as of January 11, 2026, to expire immediately prior to the closing of the transaction.
The Goodwin team was led by Stuart Cable, John Haggerty, and Amanda Gill.
For more information on the deal, please read the press release.