Metavesco, Inc. (OTCPK:MVCO) agreed to acquire All operating assets of Labor Smart, Inc. on November 30, 2023. In a related transaction On September 26, 2023, the Metavesco announced it would acquire certain assets and IP from Epic Labor, Inc. Following the acquisition, all Laborsmart locations will be rebranded as Epic Labor, reflecting a cohesive brand identity. The entire Laborsmart team will join the new Epic Labor, a wholly owned subsidiary of Metavesco, ensuring continuity of expertise and culture.

All third-party providers to Laborsmart have consented to onboard the new Epic Labor. Metavesco expects to finalize acquisition terms within the next 10 business days. The acquisition of both Laborsmart and Epic Labor assets will take effect simultaneously on January 1, 2024.

As of December 29, 2023, Metavesco will delay its acquisition of staffing assets from Laborsmart, Inc. and Epic Labor, Inc.