M&A Deal Summary

24 Seven Acquires Cydio Group

On August 22, 2023, 24 Seven acquired staffing company Cydio Group

Acquisition Highlights
  • This is 24 Seven’s 2nd transaction in the Staffing sector.
  • This is 24 Seven’s 3rd transaction in the United States.
  • This is 24 Seven’s 3rd transaction in California.

M&A Deal Summary
Date 2023-08-22
Target Cydio Group
Sector Staffing
Buyer(s) 24 Seven
Deal Type Add-on Acquisition

Target

Cydio Group

San Diego, California, United States
Cydio Group is a provider of premier IT professionals for permanent placement, contract and contract-to-hire roles. Cydio Group was founded in 2006 and is based in San Diego, California.

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Buyer(S) 1

Buyer

24 Seven

New York, New York, United States
Category Company
Founded 2000
Sector Staffing
DESCRIPTION

24 Seven is a human capital management firms specializing in the placement of freelance and full-time creative, marketing and digital talent. Through a network of nine U.S. offices and two international offices, the company delivers advertising, creative, marketing and interactive / digital professionals for freelance and permanent placements. 24 Seven was founded in 2000 and is based in New York city.

DEAL STATS #
Overall 3 of 5
Sector (Staffing) 2 of 3
Type (Add-on Acquisition) 3 of 4
State (California) 3 of 3
Country (United States) 3 of 5
Year (2023) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-01 SketchDeck

Walnut, California, United States

SketchDeck is a unique design studio offering on-demand, full-stack creative services to help companies access all the design they need across departments. SketchDeck was founded in 2013 and is based in Walnut, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-12 McKinley Marketing Partners

Alexandria, Virginia, United States

McKinley Marketing Partners provides marketing, communications, and creative talent solutions to leading commercial, government, and nonprofit organizations across a range of industries. McKinley Marketing Partners was founded in 1995 and is based in Alexandria, Virginia.

Buy -
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