eTeam Inc., a US-based staffing services and talent management solutions provider, acquired Dryden Human Capital, the parent company of Darwin Rhodes. The acquisition gives eTeam access to new global markets and increases its market share in London and the US.

The transaction closed Jan. 6; terms were not disclosed.

Darwin Rhodes will continue to operate under the Darwin Rhodes brand with its key team.

Dryden Human Capital, headquartered in London, is the holding company for two recruitment companies: insurance recruiter Darwin Rhodes and sales, marketing and retail recruiter Alexander Cane. It operates globally through offices in London, Hong Kong and New York.

Darwin Rhodes has served niche areas of the insurance market for the past 20 years and operates offices in London, Hong Kong and Switzerland.

“We are extremely excited to welcome the Darwin Rhodes team to eTeam group of companies,” said Ben Thakur, eTeam’s President and CEO. “Darwin Rhodes has a respected brand within the insurance industry and the union of our resources will add considerable expertise in addressing the industry’s unique talent needs.”

Founded in 1999, eTeam counts revenue of $80 million and targets the general staffing, IT, engineering, clinical/scientific and professional sectors. It provides high-volume staffing, SOW and payrolling services to structured contingent workforce programs and projects across the US, Canada and India. It also provides contract-to-hire and direct placement.

eTeam looks to make more acquisitions in the future, targeting companies in talent acquisition space such as temporary and full-time staffing providers, payrolling firms and private talent pools.