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E.F. Hutton serves as Exclusive M&A Advisor on Atlantic International Corp's Acquisition of Circle 8 Group
Globenewswire· 2026-02-18 15:25
Core Insights - E.F. Hutton and Co. serves as the exclusive M&A advisor for the acquisition of Circle8 Group, a prominent European IT and technology staffing platform, resulting in a combined entity with approximately $1.2 billion in unaudited annual revenue [1][6] Group 1: Transaction Overview - The acquisition is an all-stock deal that merges North American light industrial staffing operations with a rapidly growing European IT and technology talent business, significantly enhancing the acquirer's geographic reach and service offerings [2] - E.F. Hutton provided comprehensive advisory services throughout the transaction lifecycle, including strategic positioning, valuation analysis, cross-border structuring, diligence coordination, and execution [3] Group 2: Strategic Implications - The transaction is expected to create a more resilient, diversified, and scalable workforce solutions platform, enhancing global relevance while maintaining operational excellence [4] - Circle8 Group generated approximately $780 million in unaudited revenue in 2025 and is projected to reach $1 billion organically in 2026, indicating strong growth potential [5] Group 3: Benefits of the Combined Platform - The newly formed platform will benefit from diversified revenue streams across industrial staffing and higher-margin IT and technology talent solutions, along with expanded multinational customer coverage [6] - Increased revenue visibility is anticipated due to long-term government contracts and relationships with blue-chip enterprises, marking a significant milestone in establishing a multi-billion-dollar global workforce solutions platform [6]