Goodwin Advised the Terence E. Adderley Revocable Trust K in Closing the Sale of Controlling Interest of Kelly to Hunt Companies
Goodwin Advised the Terence E. Adderley Revocable Trust K in Closing the Sale of Controlling Interest of Kelly to Hunt Companies
The Goodwin 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 (Vice Chair/ Global Head), John Haggerty (Partner), and Amanda Gill (Partner).
If you have a news or deal publication or would like to collaborate on content, columns, or article publications, connect with the Legal Era News Network Team and email us at info@legalera.in or call us on +91 8879634922.
