Adecco North America Acquires Recruitment Process Outsourcing Firm TalentTrack
August 13 2007 - 9:54AM
Business Wire
Adecco, the world leader in workforce solutions, has acquired the
assets of TalentTrack, LLC, a recruitment process outsourcing (RPO)
company based in Toledo, Ohio. This acquisition will further
bolster Adecco�s already robust service delivery infrastructure for
outsourced recruitment solutions in North America, continuing to
enable Adecco to capture additional market share in this burgeoning
segment of the HR services industry. The terms of the transaction
are not disclosed. TalentTrack has been a leading RPO service
provider with numerous industry awards for service delivery
excellence and high customer satisfaction. The company was formed
in 2002 by Kim Davis who has more than 25 years of experience in HR
services. TalentTrack�s unique business model is built around its
Talent Discovery Center, which is staffed by certified colleagues
who deliver comprehensive recruitment solutions including research,
sourcing, candidate mining, screening, assessment, selection, offer
management and on-boarding. TalentTrack has dramatically reduced
the time to fill open vacancies, thereby giving its customers a
competitive advantage in their respective marketplaces. �This is an
exciting time for our combined organizations as we look to grow and
expand our footprint in the recruitment process outsourcing arena,�
said Kim Davis, former president of TalentTrack. �Adecco�s
market-leading position and a host of world-class resources will
enable us to capture new opportunities and continue delivering
best-in-class solutions to our current and future clients.� Davis
will report to Adecco Senior Vice President of Business Development
Michael Beygelman. Tig Gilliam, CEO of Adecco North America added,
�Multinational companies are rapidly adopting RPO as an efficient
approach to dealing with global labor shortages, while at the same
time improving the effectiveness of their corporate recruitment
function and reducing costs. TalentTrack�s highly-successful
service delivery model makes it an ideal addition to Adecco�s RPO
platform.� ADECCO WORLDWIDE: Adecco S.A. is a Global Fortune 500
company and the world leader in workforce solutions. The Adecco
Group network connects over 700,000 associates with business
clients each day through its network of over 33,000 employees and
6,600 offices in over 70 countries and territories around the
world. Registered in Switzerland, and managed by a multinational
team with expertise in markets spanning the globe, the Adecco Group
delivers an unparalleled range of flexible staffing and career
resources to corporate clients and qualified associates. ADECCO
NORTH AMERICA: Adecco is the workforce solutions leader in the
United States and Canada, with a comprehensive service offering
that includes temporary and contract staffing, permanent
recruitment, outplacement and career services, training and
consulting. In addition to its core competency in administrative,
clerical and light industrial staffing, Adecco operates the
following specialty divisions: Engineering & Technical; Finance
& Accounting; Information Technology; Medical & Science;
Legal; Human Capital Solutions; Government Solutions; and
Transportation. Adecco S.A. is registered in Switzerland (ISIN:
CH001213860) and listed on the Swiss Stock Exchange with trading on
virt-x (SWX/VIRT-X: ADEN) and Euronext Paris - Premier March�
(EURONEXT: ADE). Additional information is available at the
company�s website at www.adeccousa.com.
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