M&A Deal Summary

Adecco USA Acquires TUJA Zeitarbeit

On June 18, 2007, Adecco USA acquired staffing company TUJA Zeitarbeit from Equistone

Acquisition Highlights
  • This is Adecco USA’s 1st transaction in the Staffing sector.
  • This is Adecco USA’s 1st transaction in Germany.

M&A Deal Summary
Date 2007-06-18
Target TUJA Zeitarbeit
Sector Staffing
Buyer(s) Adecco USA
Sellers(s) Equistone
Deal Type Add-on Acquisition

Target

TUJA Zeitarbeit

Dusseldorf, Germany
TUJA Holding GmbH, the temporary employment agency, from a German private equity firm, Odewald & Compagnie. As one of Germany's leading temporary staffing firms, TUJA serves a range of customers, in particular mid-sized companies but also larger clients, from the automotive and aviation industries.

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Buyer(S) 1

Buyer

Adecco USA

Melville, New York, United States
Category Company
Founded 1997
Sector Staffing
DESCRIPTION

Adecco is a workforce solutions provider in the United States and Canada, with service offerings that includes temporary and contract staffing, permanent recruitment, outplacement and career services, recruitment process outsourcing, training and consulting.

DEAL STATS #
Overall 1 of 1
Sector (Staffing) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Germany) 1 of 1
Year (2007) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-06-19 Paywise

New York, New York, United States

Paywise, Inc. provides human resource and referral staffing services. It specializes in payrolling. Paywise serves small to mid-sized organizations, as well as financial services companies.

Sell -

Seller(S) 1

SELLER

Equistone

London, United Kingdom

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1997
PE ASSETS 9.6B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Equistone is a private equity firm that invests in small to mid-sized companies valued from €50 to €500 million. Equistone targets companies operating in the fields of services, healthcare, financial services, and consumer/travel. The Firm looks to invest €25 to €200 million in a variety of transactions, including buyouts, growth capital financings, recapitalizations, and take privates. Equistone was formed in 1997 and is based in London, England.

DEAL STATS #
Overall 70 of 192
Sector (Staffing) 1 of 3
Type (Add-on Acquisition) 29 of 67
Country (Germany) 7 of 28
Year (2007) 6 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-06-08 Flowbird Group

Neuilly-sur-Seine, France

Flowbird Group is a provider of parking management solutions and a major player in public transport ticketing equipment. The company operates through two business divisions, Smart Parking operates across the whole value chain of the on-street parking management and Smart Transport provides ticketing solutions (connected ticket and validation terminals) and associated software systems for public transport. Flowbird Group is based in Paris, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-07-06 Eschenbach Optik

Nurnberg, Germany

Eschenbach Optik GmbH is a supplier of spectacle frames & sunglasses and a manufacturer of vision aids, optical equipment & components.

Buy -
Mergr

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