Company Description
Star Equity Holdings, Inc. (Nasdaq: STRR and STRRP) is described in company communications as a diversified holding company that seeks to build long-term shareholder value by acquiring, managing, and growing businesses with strong fundamentals and identifiable market opportunities. According to its public disclosures, the company has organized its activities into multiple operating divisions and segments that span building products, business services, energy-related tools, and investment activities.
Recent company materials explain that Star Equity’s structure comprises four primary areas: Building Solutions, Business Services, Energy Services, and InvestmentsBuilding Solutions division
The Building Solutions division operates in three stated niches:
- Modular building manufacturing
- Structural wall panel and wood foundation manufacturing, which also includes building supply distribution operations
- Glue-laminated timber (glulam) column, beam, and truss manufacturing
These activities position Building Solutions as Star Equity’s platform for construction-related products and services. Company disclosures highlight metrics such as revenue, gross profit, backlog, and book-to-bill ratios for this segment, underscoring its role within the broader holding company.
Business Services division
In its more recent descriptions, Star Equity states that its Business Services division provides flexible and scalable recruitment solutions to a global clientele. The division services organizations at all levels, from entry-level roles to the C-suite, and focuses on mid-market and enterprise organizations worldwide. The company notes that this division works consultatively with talent acquisition, human resources, and procurement leaders to help build diverse, high-impact teams.
Star Equity has also disclosed that a wholly owned subsidiary operating within this division, previously known as Hudson RPO, rebranded to Hudson Talent Solutions (HTS). The company describes HTS as part of its Business Services platform, reflecting a broadened vision and expanded capabilities in talent-related services.
Energy Services division
The Energy Services division, as described in company releases, engages in the rental, sale, and repair of downhole tools used in the oil and gas, geothermal, mining, and water-well industries. This places the segment in energy and resource-related support activities, with a focus on tools that are used in drilling and related operations.
Investments division
Star Equity’s Investments division manages and finances the company’s real estate assets as well as its investment positions in private and public companies. Company communications also refer to Star Equity Fund as the public investments arm of this division, and note that realized gains or losses from securities can be an important contributor to segment results.
Corporate structure and merger history
Public news releases describe a significant corporate transaction involving Hudson Global, Inc. and Star Equity Holdings, Inc. In August 2025, Hudson Global and Star Equity announced the closing of a merger, forming a larger, diversified holding company. Following the merger, Hudson Global reported four reporting segments: Building Solutions, Business Services, Energy Services, and Investments, and indicated that it expected to change its name to Star Equity Holdings, Inc. and its ticker symbols to STRR and STRRP.
Subsequent press releases from Old Greenwich, Connecticut refer to the combined entity as Star Equity Holdings, Inc., formerly Hudson Global, Inc., and state that the company trades on Nasdaq under the symbols STRR and STRRP. These communications reiterate the diversified holding company model and the four-division structure.
Business model characteristics
Across its disclosures, Star Equity emphasizes a strategy of acquiring, managing, and growing businesses with strong fundamentals and market opportunities. Within this framework:
- The Building Solutions division focuses on modular and structural building products and related manufacturing niches.
- The Business Services division focuses on recruitment and talent-related services for mid-market and enterprise organizations across multiple regions.
- The Energy Services division focuses on downhole tool rental, sales, and repair for several resource and infrastructure industries.
- The Investments division focuses on real estate assets and investment positions in public and private companies, including activity through Star Equity Fund.
Company communications also reference the use of net operating loss (NOL) carryforwards and indicate that Star Equity has implemented a rights agreement and charter amendment that limit beneficial ownership of its common stock to 4.99% without prior board approval, in order to protect the value of these NOLs for stockholders.
Trading and capital structure notes
Star Equity Holdings, Inc. is identified in public releases as a Nasdaq-listed company with common stock and 10% Series A Cumulative Perpetual Preferred Stock, trading under STRR and STRRP. The company has announced share repurchase authorizations and preferred stock dividends in its communications, and has described its preferred stock as Series A Cumulative Perpetual Preferred Stock.
In connection with the merger with Hudson Global, Star’s common and preferred stock were suspended from trading on Nasdaq at the opening of trading on August 22, 2025, with Hudson Global’s securities continuing under HSON and HSONP and expected to transition to STRR and STRRP after a subsequent name and symbol change. Later releases describe the combined company as Star Equity Holdings, Inc. with those symbols.
Risk and disclosure framework
Star Equity’s press releases include extensive forward-looking statements language. The company lists a range of factors that could affect future results, including global economic fluctuations, competition in its markets, risks related to acquisitions or dispositions, operating performance variability, reliance on key personnel, technology and information systems risks, regulatory changes, and the impact of international operations and geopolitical events, among others. These risk factors are cross-referenced to the company’s Annual Report on Form 10-K and other filings with the U.S. Securities and Exchange Commission.
Summary
According to its public communications, Star Equity Holdings, Inc. is a diversified holding company built around building products manufacturing, global recruitment and talent services, energy-related downhole tools, and investment management. Its structure has been shaped by acquisitions and a merger with Hudson Global, and it emphasizes long-term shareholder value through the acquisition and development of businesses with identifiable fundamentals and market opportunities.
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No SEC filings available for Star Equity Holdings.