Futuris Company Acquires Recruiter.com's Healthcare Staffing Business

Rhea-AI Summary

Futuris Company completes acquisition of Recruiter.com's healthcare staffing business, aiming for growth through acquisitions

Positive

• Futuris expects additional revenues from the acquisition of Recruiter.com's healthcare staffing business
• Futuris has acquired eleven staffing and technology companies, consolidating them into seven wholly owned subsidiaries
• Futuris plans to up-list to the OTCQB and then NASDAQ after completing the certified audit
• Futuris has a Regulation A offering in process to raise additional capital

Negative

• None.

ROCKVILLE, MD / ACCESSWIRE / October 17, 2023 / Futuris Company (FTRS) has completed the acquisition of Recruiter.com's healthcare staffing business on October 1, 2023. The closing of this acquisition comes after the receipt of all necessary client approvals, marking the finalization of the transition to Futuris of their healthcare-specific client contracts.

According to Futuris CFO, Robert Day, "This Recruiter.com acquisition will bring additional revenues to our healthcare staffing business and with our previous acquisitions of INSIGMA and HEALTHHR," it further cements our status as a leader in the healthcare staffing industry."

A Strategy Of Growth Through Acquisition
Futuris' strategy is to grow through acquiring other profitable staffing companies. Futuris has now acquired eleven staffing and technology companies and is looking to acquire more. These eleven companies have been consolidated into seven wholly owned subsidiaries. The company previously acquired companies in the medical staffing field, HEALTHHR and INSIGMA and is very happy with how they are contributing to revenues. The Recruiter.com acquisition will help us to grow organically with the new contracts and our existing delivery infrastructure inherited from the Insigma acquisition.

Watch this recent video to learn more about Futuris' medical staffing:

https://vimeo.com/futuriscompany/medicalteams?share=copy

Futuris Has Plans To Up List
According to Robert Day, the Futuris-certified audit is in process and expected to be completed in the next 60 days. Upon completion of the audit, the company has plans to up-list to the OTCQB, followed by an up-listing to NASDAQ as soon as we meet the listing requirements.

https://www.otcmarkets.com/stock/FTRS/overview

Futuris also has a Regulation A offering in process to raise additional capital. For more information about investing in the company's Regulation A, offering go to the web page www.InvestInFuturis.com or contact your investment advisor or broker to invest in Futuris OTC stock (FTRS). You could lose some or all of your investment, so be sure and read our Offering Circular to see the risk factors:

https://www.sec.gov/Archives/edgar/data/1041633/000121390023081237/ea186414-1apos_futurisco.htm

About Futuris Company
Futuris is a Human Capital Management (HCM) company focused on Executive Search, Staffing, Consulting services, Managed Services and Tech Services specializing in verticals such as Medical, Information Technology, Recruitment Process Outsourcing (RPO), and Legal. The Company is committed to building a global HCM company through highly targeted and revenue-accretive acquisitions and operational efficiencies.

Forward-Looking Statements:
Certain statements contained in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, anything relating or referring to future financial results and plans for future business development activities, and are thus prospective. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified based on current expectations. Such risks and uncertainties include, without limitation, the ability to successfully integrate acquired companies, overall economic conditions, the ability to find qualified personnel, and the ability to find new clients. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends affecting the financial condition of our business and although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Consequently, future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements contained herein. The Company undertakes no obligation to publicly release statements made to reflect events or circumstances after the date hereof.

For more information, please visit https://www.InvestInFuturis.com

Contact Details:

Futuris Company
info.it@futuris.company
Website: www.InvestInFuturis.com
Twitter: http://www.twitter.com/futuriscompany
Investor relations: gene@mediashares.com or 310-871-3668

SOURCE: FUTURIS CO.
via PRISM Mediawire, LLC

View source version on accesswire.com:
https://www.accesswire.com/793893/futuris-company-acquires-recruitercoms-healthcare-staffing-business

FAQ

What is the recent acquisition made by Futuris Company?

Futuris Company has acquired Recruiter.com's healthcare staffing business.

What is Futuris Company's growth strategy?

Futuris Company aims to grow through acquiring other profitable staffing companies.

How many companies has Futuris Company acquired so far?

Futuris Company has acquired eleven staffing and technology companies.

What are Futuris Company's plans for up-listing?

Futuris Company plans to up-list to the OTCQB and then NASDAQ after completing the certified audit.

What offering is Futuris Company currently undergoing?

Futuris Company has a Regulation A offering in process to raise additional capital.