Adecco Group

The Adecco Group announces Acquisition of education pioneer General Assembly

  • Alain Dehaze

    Expands the Adecco Group’s up-/re-skilling offering, by adding a leader in digital skills development

  • Combination creates unique solutions to address clients’ unmet needs for in-demand 21st-century skills
  • Synergies across multiple business lines will enhance General Assembly’s strong standalone growth
  • Consistent with Group’s strategy to harness megatrends and expand into high-value adjacent markets

The Adecco Group, the world’s leading HR solutions partner, today announced a definitive agreement to acquire General Assembly, a pioneer in education and career transformation that offers accelerated learning programs in high-demand 21st-century digital skills. The acquisition will position the Adecco Group as a leader in the fast-growing up-/re-skilling segment, complementing existing solutions and creating significant synergies in Talent Development & Career Transition and Professional Staffing & Solutions. Total enterprise value is USD 412.5 million (EUR 335 million) and the transaction is expected to be EVA positive in the third full year of ownership.

The Adecco Group presents strategic priorities and financial targets

Alain Dehaze
Alain Dehaze

The Adecco Group, the world’s leading provider of Human Resources solutions, is today holding its Investor Day 2016 in Zurich. Management will present the Group’s strategic priorities for 2016-2020, along with new through-the-cycle financial targets. In addition, a short trading update will be provided.