ALKU

Andover, United States Founded: 2007 • Age: 19 yrs Acquired By New Mountain Capital
Professional staffing and recruiting services are provided by ALKU.
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About ALKU

ALKU is a company based in Andover (United States) founded in 2007 by Mark Eldridge was acquired by New Mountain Capital in April 2023.. ALKU has completed 1 acquisition, including Holland Square. ALKU offers products and services including Staffing Solutions, Consulting Services, and Government Solutions. ALKU operates in a competitive market with competitors including Kelly Services, Cielo, Vaco, DISYS and Robert Half, among others.

  • Headquarter Andover, United States
  • Founders Mark Eldridge
  • Sectors
    Business Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Business Services → Workforce & Human Resource Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    New Mountain Capital

    & 1 more

    (Apr 25, 2023)

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Products & Services of ALKU

ALKU offers a comprehensive portfolio of products and services, including Staffing Solutions, Consulting Services, and Government Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Connects expert consultants to IT and life sciences roles

Provides workforce management for regulated industries

Offers IT and engineering services for security sectors

People of ALKU
Headcount 200-500
Employee Profiles 249
Employee Profiles
People
David Bruner
Co-Founder & VP Business Development
People
Bob Cordaro
Senior Sales Director
People
Tarah Lovato
Director of Pharmaceutical Sales
People
James M.
Sales Manager, Workday Financials

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Funding Insights of ALKU

  • Total Funding
  • Total Rounds 2
  • Last Round
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2016 Amount Debt – Conventional - ALKU Valuation

investors

Dec, 2015 Amount Series B - ALKU Valuation WestView Capital
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 ALKU

ALKU has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include FFL Partners, Abacus Finance and WestView Capital Partners. 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
Venture Fund
Investor Description Founded Year Domain Location
Abacus Finance is engaged in providing tailored credit solutions to lower-middle market companies.
Founded Year Domain Location
WestView Capital is focused on growth-oriented company investments.
Founded Year Domain Location
Lower middle market investments are targeted by FFL Partners.
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 ALKU

ALKU has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Holland Square. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Healthcare consulting services are provided by Holland Square to clients.
2009
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - ALKU

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

Alku Comparisons

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Competitors of ALKU

ALKU 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 Kelly Services, Cielo, Vaco, DISYS and Robert Half, 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
Outsourced human resources services are provided globally by Kelly Services.
domain founded_year HQ Location
HR consulting services in talent acquisition and management are offered.
domain founded_year HQ Location
Recruitment and consulting services are provided by Vaco.
domain founded_year HQ Location
IT staffing, consulting, and related services are provided.
domain founded_year HQ Location
Staffing and recruitment agency
domain founded_year HQ Location
Recruitment, staff augmentation, and IT services are provided globally.
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.

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Frequently Asked Questions about ALKU

When was ALKU founded?

ALKU was founded in 2007 and raised its 1st funding round 8 years after it was founded.

Where is ALKU located?

ALKU is headquartered in Andover, United States. It is registered at Andover, Massachusetts, United States.

Who is the current CEO of ALKU?

Mark Eldridge is the current CEO of ALKU. They have also founded this company.

What does ALKU do?

ALKU was established in 2007 by Mark Eldridge in Andover, United States. Staffing and recruiting services are delivered by the company to support various industries, including technology and healthcare. Talent is matched with client needs through specialized recruitment processes. Operations are centered in the United States, with a focus on permanent and contract placements. The firm maintains a headquarters in Andover to oversee national activities.

Who are the top competitors of ALKU?

ALKU's top competitors include Cielo, Kelly Services and Vaco.

What products or services does ALKU offer?

ALKU offers Staffing Solutions, Consulting Services, and Government Solutions.

How many acquisitions has ALKU made?

ALKU has made 1 acquisition, including Holland Square.

Who are ALKU's investors?

ALKU has 4 investors. Key investors include FFL Partners, Abacus Finance, WestView Capital Partners, and New Mountain Capital.

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