Chicago Staffing Firm Seeks to Avoid Brokerage Fee After Sale of Business

Failure to terminate brokerage contract may result in an obligation to pay brokerage fee years after broker introduced the buyer and seller

Chicago-area staffing firm Alternative Staffing, Inc. has sued Transact Capital Partners, LLC, a Richmond, Va. business brokerage and advisory firm, seeking a court declaration that it does not owe a $450,000+ brokerage fee claimed by Transact. The Complaint (link below) attaches a demand letter for the fee from Transact's attorney. Alternative Staffing claims that the Brokerage contract was no longer effective when the firm was bought by Swipejobs, Inc. in December 2022.