Jul 19, 2026 – 4.25pmDebt-laden public sector recruiter Hudson Global is set to emerge from voluntary administration with a new owner, turning over management of an operation that supplied hundreds of temporary workers to state and federal government departments to an ASX-listed player.Street Talk understands $40 million market cap technology and recruitment consulting firm HiTech Group Australia signed binding terms to acquire Hudson Global on Friday. This will end a three-month sale and administration process overseen by WLP Restructuring and corporate advisory firm TIP Group.Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.Angira Bharadwaj is a co-editor of Street Talk. She covers IPOs, capital raises, mergers and acquisitions and other breaking news in Australia’s capital markets. Previously, she covered financial services, state, and federal politics. Send tips to @angirab.60 on encrypted messaging platform Signal.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?
ASX-listed suitor rescues troubled recruiter Hudson Global
The deal to buy the troubled recruiter was being pitched as a race against time after Hudson’s run-in with ASIC and its voluntarily administration.
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