Atlantic International Corp. Acquires Circle8 Group, Creating a $1.2 Billion Global Workforce Solutions Platform

Core Viewpoint - Atlantic International Corp. has announced the acquisition of Circle8 Group, creating a diversified global workforce solutions platform with approximately $1.2 billion in annual revenue, enhancing its presence in the European IT staffing market [1][6]. Acquisition Summary - The acquisition of Circle8 Group, which generated approximately $780 million in revenue in 2025 and is projected to reach $1 billion in 2026, will allow Atlantic to expand its geographic footprint and capabilities in IT staffing [4][6]. Strategic Rationale - The acquisition is expected to create immediate strategic value through complementary capabilities, expanded geographic reach, and cross-selling opportunities, thereby diversifying Atlantic's revenue mix [5][10]. - Circle8's founder, Guus Franke, will join Atlantic's Board of Directors as Executive Chairman while continuing as CEO of Circle8, ensuring governance alignment and continuity [4][6]. - The combined platform will enhance customer coverage and support workforce needs across industrial, IT, and technology talent categories, particularly for global enterprises with operations in both North America and Europe [7][10]. Operational Strengths - Circle8 manages over 12,000 technology professionals and achieved an 85% success rate in securing long-term government contracts, providing strong revenue visibility [8]. - The company has successfully executed a disciplined acquisition-led expansion, tripling its size over the past four years while optimizing margins through technology [9][10]. Future Growth Potential - The acquisition positions Atlantic to build a multi-billion-dollar workforce solutions platform with increased scale and global relevance, supporting long-term shareholder value creation [10].