M&A Deal Summary

The Adecco Group Acquires Jobpilot

On February 6, 2002, The Adecco Group acquired internet software and services company Jobpilot for 70M EUR

Acquisition Highlights
  • This is The Adecco Group’s 1st transaction in the Internet Software and Services sector.
  • This is The Adecco Group’s 7th largest (disclosed) transaction.
  • This is The Adecco Group’s 1st transaction in Germany.
Investment Fate
  • Jobpilot was divested to a consortium of strategic buyers in 2004 for 88M EUR.

M&A Deal Summary

Date 2002-02-06
Target Jobpilot
Sector Internet Software and Services
Buyer(s) The Adecco Group
Deal Type Add-on Acquisition
Deal Value 70M EUR

Target

Jobpilot

Bad Homburg, Germany
Jobpilot is an online recruitment company with online operations in 14 European countries.

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Buyer(S) 1

Buyer

The Adecco Group

Zurich, Switzerland

Category Company
Founded 1957
Sector Staffing
Employees35,089
Revenue 23.1B EUR (2024)
DESCRIPTION
Entrance to Adecco office in Stockholm, Sweden.
Entrance to Adecco office in Stockholm, Sweden.

The Adecco Group is an HR solutions provider that offers a wide variety of services, connecting more than 650,000 associates with clients daily. The Adecco Group was founded in 1957 and is headquartered in Zurich, Switzerland.


DEAL STATS #
Overall 3 of 15
Sector: Internet Software and Services M&A 1 of 2
Type: Add-on Acquisition M&A Deals 3 of 13
Country: Germany M&A 1 of 1
Year: 2002 M&A 1 of 1
Size (of disclosed) 7 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-08-19 Olsten

Melville, New York, United States

Olsten Corporation is a provider of staffing services, information technology services and home health care and related services. The Company operates more than 1,000 staffing offices - providing staffing solutions and assignment employees to business, industry and government - in North America, Latin America and Europe under Olsten Staffing Services and related brands.

Buy $1.5B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-04-23 Jobpilot

Bad Homburg, Germany

Jobpilot is an online recruitment company with online operations in 14 European countries.

Sell €88M