Adecco

Zurich, Switzerland Founded: 1971 • Age: 55 yrs Listed
HR management services including placement and outsourcing are provided globally.

About Adecco

Adecco is a publicly listed company based in Zurich (Switzerland) founded in 1971. HR management services including placement and outsourcing are provided globally. It operates on a Professional Services and Managed Services model. The company has 169,062 employees. Adecco has completed 6 acquisitions, including Advantis Medical, MPS group and Penna. Its chief executive, as recorded, is Denis Machuel. Its website adecco.com draws about 5.2 million monthly visits. Its Indian entity Adecco India Private Limited reported revenue of ₹1,765 Cr. Adecco offers products and services including Temporary Placement, Permanent Placement, Training, Diversity & Inclusion, and Outsourcing. Its focus areas include Professional Services, Human Resources and Recruitment and Staffing.

Company details

Adecco is established as a prominent provider of recruitment and human resources solutions worldwide. Services are offered across various sectors, including temporary and permanent staffing, training, diversity and inclusion initiatives, and outsourcing. Operations are conducted in multiple regions such as the Americas, Europe, Middle East, Africa, and Asia Pacific. Comprehensive support is provided to job seekers and employers, ensuring career development and workforce optimization. Innovative solutions are tailored to meet the needs of organizations of all sizes across diverse industries.

  • Headquarters Zurich, Switzerland
  • Employees 169,062
  • Stage Public
  • Sectors
    Business Services
  • Website category Jobs and Career · Jobs and Employment
  • Email
    ••••••••
  • Website adecco.com
  • Social LinkedIn X Facebook
  • Legal Name Adecco
  • Date of Incorporation 24 Nov, 1999
Key Metrics
  • Indian entity revenue
    ₹1,765 Cr

    FY 2024 · +15% YoY

  • Indian entity net profit
    ₹1.40 Cr

    FY 2024 · 0% margin

  • Indian entity EBITDA
    ₹12.90 Cr

    FY 2024 · 1% margin

  • Latest Funding Round
    $48.35K (USD), Grant

    Oct 2022

  • Investors
  • Employee Count
    169,062
  • Investments & Acquisitions

Products & Services of Adecco

Adecco offers a comprehensive portfolio of products and services, including Temporary Placement, Permanent Placement, Training, Diversity & Inclusion, and Outsourcing.

Temporary Placement
Recruitment Services

Temporary staffing solutions are provided for flexible workforce needs.

Permanent Placement
Recruitment Services

Permanent staffing solutions are offered for long-term hiring needs.

Training
HR Solutions

Training services are delivered for workforce upskilling and reskilling.

Diversity & Inclusion
HR Solutions

Diversity-focused talent solutions are provided for inclusive hiring practices.

Outsourcing
HR Solutions

Outsourcing services are offered for HR and business processes.

Funding Insights of Adecco

  • Total Rounds 7
  • Last Round Grant — $48,350
  • Investors Count 1

All 7 funding rounds of Adecco with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2022$48,350Grant––
Jan 2021$83,728Grant––
Dec 2020$256,148Grant––
Apr 2020$47,001Grant––
Jan 2019Grant––
Dec 2018$23,431Grant––
Jun 2015Grant––
Valuation history

1 investors in total: 1 institutional.

Investors in Adecco

Adecco has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
1958europa.euBrussels, Belgium
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Investor details for Adecco

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
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  • Co-investor network

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Board of directors of Adecco India Private Limited (Adecco)

Adecco India Private Limited is the primary company behind Adecco. The board of Adecco India Private Limited currently have 3 directors; the longest-serving is Arya Mathew, appointed in 2023. 25 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Arya Mathew
DIN 10206832
Director29 Sep 20233 yrs 1 moAdecco India Private Limited
Sunil Chemmankotil
DIN 10597682
Director07 May 20242 yrs 6 moAdecco India Private Limited
Rajganesh Ramachandran
DIN 11127884
Additional Director29 May 20251 yr 5 moAdecco India Private Limited

People of Adecco

600 people are tracked at Adecco (171 in leadership, 8 in board & advisors, 421 in team); the tracked headcount is 169,062.

NameRoleGroup
Denis Machuel
CEOLeadership
Claire Chiu
Director Of OperationLeadership
Sanjeev Sugur
General Manager HRBPLeadership
Ed Faris
VP Service Center OperationsLeadership
Diego Biolo
Pre-sales Department DirectorLeadership
Haley Damm
Vice President Of OperationsLeadership
Per Ivar H. Kristiansen
COO Adecco SwedenLeadership
Vasudha Mahajan
Client Partner ExecutiveLeadership
Kallie B.
Director, Adecco Permanent RecruitmentLeadership
Adarshanand Sudhakar
Director - Shared Services / OperationsLeadership
Jon Goodman
Senior Recruitment Business PartnerLeadership
Caroline Basyn
Chief Digital & IT OfficerLeadership
Jeney James
Vice President, MSP & VMS PartnershipsLeadership
Melissa Hotchkiss
Head of DeliveryLeadership
Kate Garbett
VP Office Angels & Adecco Branch Network UKLeadership
Danielle Maor Ostrovsky
International Key Account Manager, Senior Recruiter, Head Hunter, HR ManagerLeadership
David Lemoine
Vice President Of National AccountsLeadership
Buğra Bakan
Permanent Placement DirectorLeadership
Phuong Nguyen
Perm Recruitment DirectorLeadership
Coram Williams
CFOLeadership

580 more people are available in the full profile.

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Complete people profiles for Adecco

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  • Team structure
  • Board tenure
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Financials of Adecco

Figures of Adecco India Private Limited, the primary company behind Adecco, for FY 2024. Revenue was ₹1,765 Cr (+15% year on year). Net profit was ₹1.40 Cr (0% margin). EBITDA was ₹12.90 Cr (1% margin). Revenue has grown at a compounded annual rate of +11% over three years and -4% over five years.

  • ₹1,765 CrRevenue · FY 2024 · +15% YoY
  • ₹1.40 CrNet profit · 0% margin
  • ₹12.90 CrEBITDA · 1% margin
  • ₹2.38 CrPaid-up capital
  • 39,575Employees (provident fund records)
  • +11%Revenue CAGR, 3 years
  • -4%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Adecco India Private Limited are on its company page.

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Detailed financial statements for Adecco

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Verified entity values are shown only after access is granted.

Investments & Acquisitions by Adecco

Adecco has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Advantis Medical, MPS group and Penna.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Provides travel nursing and allied health job placements across the United States.
advantismed.comDallas, United States2018Jan 2026••••
Social Job Matching Marketplace
qapa.frParis, France2011Sep 2021$77.14M
Pre-assessed candidates are connected to job opportunities via online marketplace.
vettery.comNew York, United States2013Feb 2018$100M
Recruitment services are provided by Penna from London since 1974.
penna.comLondon, United Kingdom1974Mar 2016$149.45M
Diversified conglomerate operations are conducted across multiple industries.
mpsgroup.comJacksonville, United States1997Oct 2009••••
HR recruitment services are provided to businesses and organizations.
talenttrack.comToledo, United States2002Aug 2007••••
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Complete acquisition details for Adecco

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  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Timeline of Adecco

9 dated milestones of Adecco across 55 years, from founding to its latest funding, stage changes and deals.

  1. Founded Adecco is founded.
  2. Acquisition Acquires TalentTrack.
  3. Acquisition Acquires MPS group.
  4. Funding First funding round.
  5. Acquisition Acquires Penna.
  6. Acquisition Acquires Vettery.
  7. Acquisition Acquires Qapa.
  8. Funding Latest funding round, Grant, of $48K.
  9. Acquisition Acquires Advantis Medical.

Web traffic of Adecco

The website of Adecco (adecco.com) receives about 5.2M visits a month and ranks #11,244 among all websites worldwide, #122 in Jobs and Employment.

  • Monthly visits
    5.2M

    ▲ 29% vs previous month

  • Unique visitors
    1.8M

    per month

  • Global rank
    #11,244

    among all websites

  • Category rank
    #122

    Jobs and Career · Jobs and Employment

Similar websites

Websites whose visitors overlap most with Adecco. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
aerotek.com
100%
#58,405View details
spherion.com
92%
199.8K#265,657View details
kellyservices.com
86%
241.9K#251,463View details
monster.com
monster.com
85%
#9,677–
manpower.com
84%
285.3K#160,088View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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All 40 similar websites and full traffic analytics for Adecco

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Frequently Asked Questions about Adecco

Adecco was founded in 1971 and raised its 1st funding round 44 years after it was founded.

Adecco is headquartered in Zurich, Switzerland.

Denis Machuel is the CEO of Adecco, as recorded in our data.

Adecco has 169,062 employees.

The primary company behind Adecco, Adecco India Private Limited, reported revenue of ₹1,765 Cr for FY 2024, up 15% year on year.

Adecco is established as a prominent provider of recruitment and human resources solutions worldwide. Services are offered across various sectors, including temporary and permanent staffing, training, diversity and inclusion initiatives, and outsourcing. Operations are conducted in multiple regions such as the Americas, Europe, Middle East, Africa, and Asia Pacific. Comprehensive support is provided to job seekers and employers, ensuring career development and workforce optimization. Innovative solutions are tailored to meet the needs of organizations of all sizes across diverse industries.

Adecco offers Temporary Placement, Permanent Placement, Training, Diversity & Inclusion, and Outsourcing.

Adecco has made 6 acquisitions, including Advantis Medical, MPS group, and Penna.

Adecco has 1 investor. Key investors include European Union.

Adecco operates through Adecco India Private Limited.

The legal entities of Adecco currently have 3 directors, including Arya Mathew, Sunil Chemmankotil, Rajganesh Ramachandran.

The website of Adecco receives about 5.2 million visits a month and ranks #11,244 among all websites worldwide.

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