M&A Deal Summary

The Adecco Group Acquires TAD Resources International

On September 18, 1997, The Adecco Group acquired staffing company TAD Resources International for 388M USD

Acquisition Highlights
  • This is The Adecco Group’s 1st transaction in the Staffing sector.
  • This is The Adecco Group’s 4th largest (disclosed) transaction.
  • This is The Adecco Group’s 1st transaction in the United States.
  • This is The Adecco Group’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 1997-09-18
Target TAD Resources International
Sector Staffing
Buyer(s) The Adecco Group
Deal Type Add-on Acquisition
Deal Value 388M USD

Target

TAD Resources International

Cambridge, Massachusetts, United States
TAD Resources International is a temporary-staffing company.

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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 1 of 15
Sector (Staffing) 1 of 10
Type (Add-on Acquisition) 1 of 13
State (Massachusetts) 1 of 2
Country (United States) 1 of 6
Year (1997) 1 of 1
Size (of disclosed) 4 of 10
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1999-08-19 Olsten

Melville, New York, United States

Olsten Corporation is a provider of staffing services, information technology services and home health care and related services. The Company operates more than 1,000 staffing offices - providing staffing solutions and assignment employees to business, industry and government - in North America, Latin America and Europe under Olsten Staffing Services and related brands.

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