International staffing and recruitment firm Adecco has acquired the assets of TalentTrack, LLC, a recruitment process outsourcing (RPO) company based in Toledo, OH. This acquisition will further bolster Adecco’s service delivery infrastructure for outsourced recruitment solutions in North America. Terms of the transaction were not disclosed.
TalentTrack was formed in 2002 by Kim Davis, who has more than 25 years of experience in HR services. The company’s business model is built around its Talent Discovery Center, which provides research, sourcing, candidate mining, screening, assessment, selection, offer management, and on-boarding. TalentTrack was selected by HRO Today in July as one of the top 13 RPO providers in the world.
“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," said Tig Gilliam, CEO of Adecco North America.
“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.