Adecco Acquires TAD Resources International.LAUSANNE, Switzerland--(BUSINESS WIRE)--Sept. 17, 1997--Adecco SA announced today that it had entered into a definitive agreement to acquire Cambridge, Massachusetts This article is about the city of Cambridge in Massachusetts. For the English university town, see Cambridge, England. For other places, see Cambridge (disambiguation). Cambridge, Massachusetts is a city in the Greater Boston area of Massachusetts, United States. , based TAD Resources International (TAD) for USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 387.5 million in cash. TAD is the largest privately held supplier of staffing services in the USA, providing technical, information technology, clerical and light industrial professionals through a network of 312 branch offices. The company was founded in 1956 by David McGrath, Jr. and is one of the leading providers of contract technical and related staffing services. TAD had revenues of over USD 1 billion in 1996. The transaction is expected to close before the end of October. Adecco CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. John Bowmer said: "We are delighted to have TAD join the Adecco family. This move is a continuation of our strategy to provide our local, national and global clients with the best possible service. It considerably extends our presence in the US, aligning a·lign v. a·ligned, a·lign·ing, a·ligns v.tr. 1. To arrange in a line or so as to be parallel: align the tops of a row of pictures; aligned the car with the curb. Adecco's sales more closely with the global staffing market, and gives us a vital expansion into the fast growing technical staffing market. It also furthers our aim to achieve scale and become the number one or two in all the world's major markets for staffing services." TAD Chairman David J David J. Haskins (b. April 24, 1957, in Northampton, England) is a British alternative rock musician. He was the bassist for the seminal gothic rock band Bauhaus. Life and work . McGrath III said: "We are very pleased to have TAD join Adecco. We believe that this combination with the world's largest staffing company will give TAD's customers greater levels of service and support. Joining Adecco will give TAD and its employees exciting growth and career opportunities." Swiss based Adecco SA is the world leader in staffing services, with over 2,500 branches in 42 countries. CONTACT: Adecco SA, Lausanne Mark Eaton Mark Eaton can refer to more than one person:
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