M&A Deal Summary

Groupe CRIT Acquires Addenda Soluciones Integrales SL

On June 21, 2006, Groupe CRIT acquired staffing company Addenda Soluciones Integrales SL from AC Desarrollo

Acquisition Highlights
  • This is Groupe CRIT’s 1st transaction in the Staffing sector.
  • This is Groupe CRIT’s 1st transaction in Spain.

M&A Deal Summary

Date 2006-06-21
Target Addenda Soluciones Integrales SL
Sector Staffing
Buyer(s) Groupe CRIT
Sellers(s) AC Desarrollo
Deal Type Add-on Acquisition

Target

Addenda Soluciones Integrales SL

Barcelona, Spain
Addenda Soluciones Integrales, S.L. offers human resources management services. It provides a range of consultancy services that comprise recruitment, personnel selection, and training. The company also offers public relations and translation services.

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Buyer(S) 1

Buyer

Groupe CRIT

Paris , France

Category Company
Founded 1962
Sector Staffing
Employees11,444
Revenue 3.1B EUR (2024)
DESCRIPTION

Groupe CRIT is a provider of temporary employment and recruitment services to small-and medium-sized enterprises and industries in France, the United States, Spain, and internationally. Groupe CRIT was founded in 1962 and is based in Paris, France.


DEAL STATS #
Overall 1 of 2
Sector: Staffing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 2
Country: Spain M&A 1 of 1
Year: 2006 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-09-11 PeopleLink

Los Angeles, California, United States

PeopleLink, a longstanding provider of online community services.

Buy -

Seller(S) 1

SELLER

AC Desarrollo

Madrid, Spain

Category Private Equity Firm
Founded 1999
PE ASSETS 345M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

AC Desarrollo is the private equity arm of Ahorro Corporación, a financial services group. AC Desarrollo focuses on acquiring middle market businesses throughout Spain. AC has no industry preferences and will consider both majority and minority positions in portfolio companies. Sectors AC has invested in include food/beverages, domestic cleaning products, air conditioning, toys, telecommunications, retail, and software. Prospective transaction situations include buyouts (MBOs, MBIs, and LBOs), consolidations, startups, and growth capital financing. AC Desarrollo was formed in 1999 and is based in Madrid. The Firm is no longer active.


DEAL STATS #
Overall 9 of 25
Sector: Staffing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 8
Country: Spain M&A 8 of 23
Year: 2006 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-06-01 Xfera Móviles SA

Alcobendas, Spain

Xfera Móviles, S.A. is a mobile company that specializes in the third-generation mobile phone market.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-09-01 Omega Seguridad SA

Seville, Spain

Omega Seguridad SA is a provider of security services and alarm systems.

Buy -