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General Assembly acquired for $415M


Late last night, General Assembly announced their acquisition by the largest temp staffing firm in the world for $413 million. The Adecco Group trains and places skilled temps at companies around the world. They have over 33,000 full-time employees. 👀

General Assembly teaches founders and operators the technical skills they need to compete in today’s workforce, like web-development, data science, and digital marketing.

“Last fall we began mapping out on a white board with Adecco how we could work together, so we’ve been having off and on conversations with them,” says General Assembly co-founder and CEO Jake Schwartz. “We’ll be run as an independent entity.”

This acquisition won’t change much publicly for GA, but expect to see a new wave of GA-trained staffers around the world. 👩‍💻👨‍💻

GA has spent years supporting startups and founders everywhere with their Opportunity Fund to help underrepresented groups get into tech. Members get hands-on education, mentorship, and career opportunities.

They also open-sourced their website design course, so you too can build the most best websites from scratch.

This post first appeared on VergeHub, please read the originial post: here

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General Assembly acquired for $415M


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