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France – Groupe Crit makes US acquisition

09 November 2012

French recruiter Groupe Crit has continued its acquisition drive in North America by buying Texas-based staffing firm Trade Management Inc. The firm did not disclose metrics of the deal, but said the acquisition will strengthen its market position in the US, the world’s largest staffing market.   

The acquisition was made through PeopleLink Staffing Solution, which Groupe Crit bought last year. The company was this week rated the seventh-largest recruiter in Europe in Staffing Industry Analysts’ latest ranking of European-based staffing companies.

Trade Management provides skilled trade personnel to the construction industry.

The news follows the recent acquisition of US staffing firm Elite Personnel in September. Back then Groupe Crit said “the continued deployment of the North American market will remain a priority for the coming months.”

Groupe Crit has benefitted from its international operations after business in France has been flagging this year. International revenue makes up 15% of group revenues. Last month, the firm reported a slight fall in third-quarter sales

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