The Adecco Group today announced that it would acquire Vettery, a US-based digital professional permanent recruitment marketplace. Terms of the transaction were not disclosed.

Vettery, founded in 2014, connects employers with candidates across IT, sales and finance. Its machine learning algorithms are applied to identify in-demand talent to bring onto the platform, analyse clients’ existing hiring activity and recommend appropriate candidates. Vettery operates in seven major US metropolitan areas.

As part of the Adecco Group, Vettery will accelerate its expansion, including into international markets, leveraging the group’s extensive domain knowledge, data and client relationships. According to The Adecco Group, the acquisition strengthens the group’s Professional Staffing & Solutions business and complements its growing suite of digital HR platforms.  

Co-founders Brett Adcock and Adam Goldstein will continue to lead the business within the Adecco Group, reporting to John Marshall, Regional Head of North America, UK & Ireland - Professional Staffing.

“The acquisition of Vettery accelerates the development of the Adecco Group’s digital strategy, broadening our offering into the fast-growing digital permanent recruitment market and complementing our professional recruitment businesses,” Alain Dehaze, CEO of the Adecco Group, said. “Digital innovations have the potential to transform the recruitment industry and the Adecco Group is taking the lead.”

“Vettery has developed impressive proprietary technology and already established a strong reputation amongst candidates and employers. Unified by a shared vision for transforming the future world of work, we are excited to welcome Vettery’s experienced team to the Adecco Group,” Dehaze said.

Adam Goldstein, Co-founder of Vettery, also commented, “Technology is reshaping the delivery of permanent recruitment solutions, with artificial intelligence-enabled, curated digital marketplaces offering a better experience at a lower cost. Our growing portfolio of blue-chip and start-up clients values the shorter time-to-hire, improved transparency and greater flexibility achieved when hiring through our platform, while candidates appreciate the ease-of-use and access to top-tier employers.”

Co-founder Brett Adcock, also commented, “The Adecco Group, with its clear commitment to digital transformation, is a natural strategic partner for us. Leveraging Adecco’s extensive enterprise client relationships, data and recruitment industry expertise will allow Vettery to further accelerate its growth and rapid expansion.”