Adessa Group

Founded: 2005 • Age: 21 yrs Acquired By SD Worx
HR consulting services are provided for organizational needs.
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About Adessa Group

Adessa Group is a company founded in 2005 was acquired by SD Worx in April 2020.. The company has 23 employees as of December 31, 2021. Adessa Group operates in a competitive market with competitors including ADP, UKG, Randstad, Bullhorn and Insperity, among others.

  • Employees 23 as on 31 Dec, 2021
  • Sectors
    Business Services
  • Phone
    *********
  • Website
    *********
  • Legal Name Adessa Consulting
Operational Areas
Business Services → Workforce & Human Resource Solutions
Key Metrics
  • Annual Revenue
    $2.38 M (USD)
    95
    as on Dec 31, 2021
  • Net Profit
    $-457.52 K (USD)
    -17
    as on Dec 31, 2021
  • EBITDA
    $-503.19 K (USD)
    -23
    as on Dec 31, 2021
  • Latest Funding Round
  • Investors
  • Employee Count
    23

    as on Dec 31, 2021

  • Acquired by
    SD Worx

    (Apr 09, 2020)

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Funding Insights of Adessa Group

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Adessa Group

Adessa Group has secured backing from 1 investor. Prominent investors backing the company include SD Worx. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Recruitment and payroll management services are provided by SD Worx.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Adessa Group

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Adessa Group

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Adessa Group Comparisons

Employees
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Competitors of Adessa Group

Adessa Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ADP, UKG, Randstad, Bullhorn and Insperity, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cloud-based HR management solutions are offered for payroll and compliance.
domain founded_year HQ Location
Provider of HR and payroll & workforce management solutions
domain founded_year HQ Location
HR consulting, recruitment, and outsourcing services are offered worldwide.
domain founded_year HQ Location
Cloud-based ATS and CRM systems are offered for staffing agencies.
domain founded_year HQ Location
HR outsourcing services are provided to businesses by Insperity.
domain founded_year HQ Location
HR, insurance, and liability services are provided by Alera Group.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Adessa Group

Frequently Asked Questions about Adessa Group

When was Adessa Group founded?

Adessa Group was founded in 2005.

Who is the current CEO of Adessa Group?

Kobe Verdonck is the current CEO of Adessa Group.

How many employees does Adessa Group have?

As of Dec 31, 2021, the latest employee count at Adessa Group is 23.

What is the annual revenue of Adessa Group?

Annual revenue of Adessa Group is $2.38M as on Dec 31, 2021.

What does Adessa Group do?

Adessa Group was founded in 2005 as a provider in the human resources sector. Consulting services are delivered to support various HR functions, including strategy and operations. The company operates through its domain adessagroup.com and is led by CEO Kobe Verdonck. Focus is maintained on practical HR solutions for businesses, with no specific geographic details available.

Who are the top competitors of Adessa Group?

Adessa Group's top competitors include Randstad, Alera Group and UKG.

Who are Adessa Group's investors?

Adessa Group has 1 investor. Key investors include SD Worx.

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