Ross Fieldston, Jeffrey Marell, Raphael Russo, Scott Sontag
February 23, 2026
Hunt Companies Acquires Controlling Stake in Kelly Services

1 min
AI-made summary
- • Hunt Equity Opportunities, LLC acquired a controlling stake in Kelly Services, Inc
- for $106 million, with potential additional cash of $15 million. • The acquisition involved more than 3 million shares of Kelly’s Class B common stock, giving Hunt 92.2% of the voting shares. • The Kelly Services board was reconstituted to include four Hunt-designated directors, and James Christopher Hunt became chairman. • Paul, Weiss advised Hunt on the transaction, with a team led by corporate partners Ross Fieldston and Jeffrey Marell.
Paul, Weiss advised Hunt Equity Opportunities, LLC, an indirect subsidiary of Hunt Companies, Inc., on its acquisition of a controlling stake in leading staffing and recruitment firm Kelly Services, Inc. Under the transaction, Hunt acquired more than 3 million shares of Kelly’s Class B common stock for an aggregate purchase price of $106 million (with potential additional cash of $15 million if Kelly’s market capitalization reaches $1.2 billion within 48 months) to become Kelly’s controlling stockholder with 92.2% of its Class B common stock, the only class of shares entitled to voting rights. In connection with the closing, the Kelly board was reconstituted to add four Hunt-designated directors, with James Christopher Hunt becoming chairman.
The Paul, Weiss team was led by corporate partners Ross Fieldston and Jeffrey Marell, and included partner Raphael Russo; and tax partner Scott Sontag.
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Ross Fieldston, Jeffrey Marell, Raphael Russo, Scott Sontag
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