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Star Equity to acquire Harte Hanks for $38 million

PUBLIC · STRRAug 22, 2026about 4 hours ago

Acquiring Company

Star Equity

Acquired Company

Harte Hanks

GreenwichSan AntonioFinancial ServicesHealth CareFinanceVenture CapitalAngel InvestmentConstructionBuilding MaintenanceOtherSoftwareData And AnalyticsSales And Marketing

Description

Star Equity announced its acquisition of Harte Hanks at a price of $5 per share, amounting to approximately $38 million. This transaction is expected to be funded equally with cash and preferred stock. The merger aims to capitalize on synergies achieved from their previous merger with Hudson, which exceeded initial targets.

Company Information

Company

Star Equity

Location

Greenwich, Connecticut, United States

About

Star Equity is an investment firm focused on healthcare and technology sectors. They seek to create value through strategic investments. The firm is known for its commitment to innovation and growth. Their portfolio includes a range of companies across different stages.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Harte Hanks?

Harte Hanks was acquired by Star Equity, based in Greenwich. The deal was reported on August 22, 2026. Star Equity is an investment firm focused on healthcare and technology sectors. They seek to create value through strategic investments. The firm is known for its commitment to innovation and growth. Star Equity is publicly traded (STRR) and operates in Financial Services.

When did Star Equity acquire Harte Hanks?

Star Equity's acquisition of Harte Hanks was reported on August 22, 2026. Star Equity announced its acquisition of Harte Hanks at a price of $5 per share, amounting to approximately $38 million. This transaction is expected to be funded equally with cash and preferred stock. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Harte Hanks do?

CHELMSFORD, Mass., Dec. 21, 2021 /PRNewswire/ -- Harte Hanks, Inc. (HHS) (the "Company"), a leading global customer experience company, today announced that the company has obtained a new $25 million secured revolving line of credit with Texas Capital Bank. It is publicly traded (HHS), operating in Other, and is based in San Antonio.

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