The Adecco Group, today announced the acquisition of US-based life sciences staffing company BioBridges.  The transaction expands the Adecco Group’s professional solutions footprint and establishes a US platform to develop the company’s global life sciences presence. 

Financial details of the transaction were not disclosed.

Founded in 2005 and headquartered outside Boston, BioBridges helps workers find jobs in the pharmaceutical, biotechnology and medical device industries.  BioBridges’ revenues are expected to be approximately USD 35 million in 2017.

“With its excellent reputation and proven results, BioBridges is deep-rooted in the life sciences space,” David Alexander, president of the Adecco Group’s North America Finance, Office and Healthcare businesses, said. “We are excited to welcome BioBridges into the Adecco Group family. Together we will offer highly specialized workforce solutions to an industry that truly has the potential to change the world.”

BioBridges will be brought under Alexander’s leadership of the Adecco Group’s North America Finance, Office and Healthcare brands. Jason Falchuk, founding partner and president of BioBridges, will remain in his current role following the acquisition. Jeff Souza, currently CEO of BioBridges, will take on the new role of Senior Vice President of Client Services. Cindy Steinberg, founding partner, will continue as a consultant to the company through the transition. BioBridges will maintain its established branding and headquarters location

“There’s a very clear and growing demand for experienced professionals in the life sciences community, and likewise, an increased movement for professionals to define a career focused on accomplishing the work they are passionate about,” Falchuk said. “As a part of the Adecco Group, BioBridges will have access to global resources that will allow us to innovate and progress alongside the exceptional businesses and professionals that inspire us to come to work every day.”