M&A Deal Summary

The Adecco Group Acquires General Assembly Space

On April 16, 2018, The Adecco Group acquired education company General Assembly Space for 413M USD

Acquisition Highlights
  • This is The Adecco Group’s 1st transaction in the Education sector.
  • This is The Adecco Group’s 3rd largest (disclosed) transaction.
  • This is The Adecco Group’s 6th transaction in the United States.
  • This is The Adecco Group’s 3rd transaction in New York.

M&A Deal Summary
Date 2018-04-16
Target General Assembly Space
Sector Education
Buyer(s) The Adecco Group
Deal Type Add-on Acquisition
Deal Value 413M USD

Target

General Assembly Space

New York, New York, United States
General Assembly Space, Inc. is an educational company. Focusing on relevant and in-demand skills across data, design, business and technology. General Assembly Space, Inc. was established in 2011 and is based in New York city.

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Buyer(S) 1

Buyer

The Adecco Group

Zurich, Switzerland
Category Company
Founded 1957
Sector Staffing
Employees35,089
Revenue 24.0B EUR (2023)
DESCRIPTION
Entrance to Adecco office in Stockholm, Sweden.
Entrance to Adecco office in Stockholm, Sweden.

The Adecco Group is a provider of HR solutions. With over 35,089 FTE employees and more than 5,000 branches, in over 60 countries and territories around the world, we offer a wide variety of services, connecting more than 650,000 associates with our clients every day. The Adecco Group was founded in 1957 and is headquartered in Zurich, Switzerland.

DEAL STATS #
Overall 14 of 15
Sector (Education) 1 of 1
Type (Add-on Acquisition) 13 of 13
State (New York) 3 of 3
Country (United States) 6 of 6
Year (2018) 2 of 2
Size (of disclosed) 3 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-20 Vettery

New York, New York, United States

Vettery, Inc. is a digital professional permanent recruitment marketplace. Vettery’s online recruitment platform connects over 4,000 top employers with highly-qualified, well-suited candidates across the IT, sales and finance verticals. Its machine learning algorithms are applied to identify in-demand talent to bring onto the platform, analyse clients’ existing hiring activity and recommend appropriate candidates.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-05 Soliant Health

Peachtree Corners, Georgia, United States

Soliant Health is a provider of healthcare staffing solutions. The company also provides travel nurses, allied health clinicians and clinical development specialists for the life sciences market. Soliant Health was founded in 1991 and is based in Peachtree Corners, Georgia.

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Mergr

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