ADECCO ACQUIRES ONFORCE TO EXPAND ITS BEELINE SERVICE OFFERING

Workforce Transformation
Adecco acquires Onforce to expand its Beeline service offering
Combination will create a unique integrated solution for managing contingent workforces
August 11, 2014
CORPORATE

The Adecco Group, the world’s leading provider of Human Resources solutions, today announces the acquisition of OnForce, Inc. OnForce’s freelancer management system (FMS) provides cloud-based solutions for companies to manage their use of freelancers/independent contractors. These solutions complement the vendor management system (VMS) provided by Adecco’s Beeline business. The merger of these two offerings will create a unique integrated solution for companies to source talent through multiple channels.


Patrick De Maeseneire, CEO of the Adecco Group said:


“I am delighted that OnForce and Beeline are joining forces. For many companies, accessing and managing an ‘extended workforce’ is a fragmented process involving a mixture of technologies such as VMS, FMS, spreadsheets and other ad-hoc tools. The new integrated offering will combine Beeline’s powerful process automation and analytics for sourcing and managing talent through staffing agencies, with OnForce’s ability to access and manage today’s growing population of freelance talent. This will provide our clients with a unique way to simplify their operations and optimize the management of their extended workforces.”


The transaction will not have a material financial impact on the Adecco Group.


For further information please contact:


Adecco Corporate Investor Relations


Investor.relations@adecco.com or +41 (0) 44 878 89 89


Adecco Corporate Press Office


Press.office@adecco.com or +41 (0) 44 878 87 87