Add-on Acquisition • Internet Software and Services

Groupe CRIT Acquires PeopleLink

On September 11, 2011, Groupe CRIT acquired internet software and services company PeopleLink

Acquisition Context
  • This is Groupe CRIT’s 1st transaction in the Internet Software and Services sector.
  • This is Groupe CRIT’s 1st transaction in the United States.
  • This is Groupe CRIT’s 1st transaction in California.

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M&A Deal Summary

Date September 11, 2011
Target PeopleLink
Sector Internet Software and Services
Buyer(s) Groupe CRIT
Deal Type Add-on Acquisition
Advisor(s) Legacy Capital Advisors (Financial)

Target Company

PeopleLink

Los Angeles, California, United States
PeopleLink, a longstanding provider of online community services.
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Buyer Overview 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 Context for Buyer #
Overall 2 of 2
Sector: Internet Software and Services 1 of 1
Type: Add-on Acquisition 2 of 2
State: California 1 of 1
Country: United States 1 of 1
Year: 2011 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-06-21 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.

Buy -