M&A · Industrials · Services-Direct Mail Advertising Services
Star Equity Holdings, Inc. to acquire Harte Hanks Inc
Announced Aug 14, 2026 · Announced
Deal value$38MEV $36M
Premium100.0%To unaffected price
EV / Adj. EBITDA—0.2x EV / Revenue
ConsiderationCash and stock$5.00 per share
Transaction
- Acquirer
- Star Equity Holdings, Inc. (STRR)
- Target
- Harte Hanks Inc (HHS)
- Buyer type
- Strategic
- Offer price per share
- $5.00
- Enterprise value
- $36M
- Status
- Announced
Deal protections
- Break fee (target pays)
- $1.2M · 3.0%
- Reverse fee (buyer pays)
- $1.2M · 3.0%
- Go-shop
- 30-day go-shop
- Financing
- —
Advisors
- To the acquirer
- Not disclosed
- To the target
- Citizens
Sector context · Industrials
- Comparable deals
- 98 in the prior 24 months
- Premium
- 100.0% vs. 37.0% sector median
- EV / Adj. EBITDA
- Sector median 11.4x
- Break fee
- 3.0% vs. 2.7% sector median
Timeline
- AnnouncedAug 14, 2026
- ClosedPending