Atlantic International Acquires Circle8 Group in All-Stock Transaction

MT Newswires Live

01/23

Atlantic International (ATLN) said Friday it acquired IT talent firm Circle8 Group, aiming to create a platform for workforce requirements across multiple continents and industry verticals.

Financial terms were not disclosed, although Atlantic said the acquisition was completed as an all-stock transaction.

Circle8 will operate as a subsidiary of Atlantic, with founder Guus Franke joining the company's board as executive chairman while retaining his role as Circle8 CEO, Atlantic said.

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