Tuesday, August 14, 2007

Adecco North America Acquires Recruitment Process Outsourcing Firm TalentTrack

Source:businesswire.com


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.