The Staffing Group, Ltd. (OTCBB:TSGL) plans to acquire a North Dakota industrial staffing firm. With three locations operating in North Dakota, the acquisition target provides skilled personnel to various industries including trucking, manufacturing, construction, and the oil and gas industry in the Bakken Shale Region. The proposed transaction is expected to add as much as $6 million in revenue to the company in 2016 and in excess of $8.5 million in 2017.

Definitive terms are being finalized and the company expects to close on the acquisition upon a successful completion of its equity raise.