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Adecco acquires training provider General Assembly in deal that gives firm enterprise value of $412.5 million

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The Adecco Group today announced it acquired General Assembly, a training firm focused on IT skills, in a deal that gives General Assembly a total enterprise value of $412.5 million. The deal is expected to close this quarter, subject to customary closing conditions and regulatory approvals.

General Assembly provides coding boot camps and IT skills training; revenue for 2017 was $100 million, and its three-year compound annual growth rate was 30%. It has 20 campuses in North America, Australia and Asia, but it provides training via in-person classes, online or through a blended model. The New York-based company was founded in

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