Add-on Acquisition • Staffing

The Adecco Group Acquires Knightsbridge Human Capital Solutions

On March 11, 2015, The Adecco Group acquired staffing company Knightsbridge Human Capital Solutions for 80M CAD

Acquisition Context
  • This is The Adecco Group’s 9th transaction in the Staffing sector.
  • This is The Adecco Group’s 10th largest (disclosed) transaction.
  • This is The Adecco Group’s 1st transaction in Canada.
  • This is The Adecco Group’s 1st transaction in Ontario.

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M&A Deal Summary

Date March 11, 2015
Target Knightsbridge Human Capital Solutions
Sector Staffing
Buyer(s) The Adecco Group
Deal Type Add-on Acquisition
Deal Value 80M CAD

Target Company

Knightsbridge Human Capital Solutions

Toronto, Ontario, Canada
Knightsbridge is Canada’s major human capital solutions firm. They bring together their expertise of Talent & Leadership Development, Career Management & Transition, and Executive Search & Recruitment to help clients navigate and improve performance.
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Buyer Overview 1

Buyer

The Adecco Group

Zurich, Switzerland

Category Company
Founded 1957
Sector Staffing
Employees35,089
Revenue 23.1B EUR (2024)
DESCRIPTION
Entrance to Adecco office in Stockholm, Sweden.
Entrance to Adecco office in Stockholm, Sweden.

The Adecco Group is an HR solutions provider that offers a wide variety of services, connecting more than 650,000 associates with clients daily. The Adecco Group was founded in 1957 and is headquartered in Zurich, Switzerland.


Deal Context for Buyer #
Overall 11 of 15
Sector: Staffing 9 of 10
Type: Add-on Acquisition 10 of 13
State: Ontario 1 of 1
Country: Canada 1 of 1
Year: 2015 1 of 1
Size (of disclosed) 10 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-11 OnForce

Lexington, Massachusetts, United States

OnForce, is a SaaS technology-enabled workforce solutions, empowers companies of all sizes in all industries to gain a competitive edge in how work gets done. Its business model allows customers to rapidly grow their businesses, lower service costs, extend skill-sets, and generate new streams of revenue.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-09 Penna Consulting

London, United Kingdom

Penna Consulting plc are a global people management business with an exceptional track record in the HR Services industry. Company experience and expertise spans three areas of organisational life where people have the power to make a big difference- Recruiting the right talent, developing people to fulfil their potential and managing career transitions when staff move on.

Buy £105M