Deals
Staffing Firm Adecco Buys General Assembly for $412.5 Million
- New York-based startup helps teach employees digital skills
- Adecco says deal will hit earnings in 2018, boost them after
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Adecco Group, which recruits both permanent and temporary employees for large businesses, is buying the digital retraining firm General Assembly for $412.5 million, Adecco said Monday.
General Assembly, which was founded in 2011 and is based in New York, runs 20 facilities around the world where it teaches employees subjects such as web development, user experience design, digital marketing and increasingly, data science and machine learning. Individuals can enroll in General Assembly’s full-time courses, paying tuition that often totals more than $10,000 per course.