eTeam, Inc.
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eTeam, Inc. - overview
Established
1999
Location
South Plainfield, NJ, US
Primary Industry
Outsourcing
About
eTeam, Inc. provides innovative talent acquisition solutions, specializing in sourcing, vetting, and managing diverse talent for various employment needs, catering to enterprises and startups alike. Founded in 1999, eTeam, Inc. operates from South Plainfield, US, focusing on efficient talent acquisition services.
The firm was established by Chrissie Blackburn, Sergii Shanin, and Viktor Grytsai. Currently, Sergii Shanin serves as CEO. In December 2023, eTeam was acquired by Helpware Inc. , a portfolio company of Eir Partners, marking a significant strategic pivot toward expanding into digital business transformation and AI solutions.
The company has engaged in one major deal to date, reflecting a targeted approach to growth and service enhancement. eTeam, Inc. specializes in talent acquisition solutions through a modular Global Talent delivery model. Their offerings include contract staffing, direct hire, direct sourcing, talent pools, and diversity initiatives, serving a diverse clientele ranging from Fortune 1000 firms to startups and mid-sized companies.
eTeam's services are designed to assist organizations in overcoming talent acquisition challenges and ensuring alignment with strategic objectives. Their operational reach extends across the United States, Canada, Asia-Pacific, and Europe, enabling effective connections between clients and qualified candidates. eTeam generates revenue primarily through B2B talent acquisition services, structured around transaction fees for recruitment. Their business model includes fees charged on a per-hire basis or through subscription models for ongoing talent management services.
Key offerings such as the Employer of Record and Healthcare Talent Solutions are essential for meeting specific industry needs, which reinforces the company's position in the staffing market and fosters long-term client relationships. Following the acquisition by Helpware Inc. on December 4, 2023, eTeam is poised for growth through the expansion of its services into the DevOps sector and artificial intelligence solutions. This strategic move will leverage Helpware's digital transformation initiatives.
The acquisition is expected to enhance eTeam's capabilities and market reach, aligning with emerging trends in workforce management and technology.
Current Investors
Helpware Inc.
Primary Industry
Outsourcing
Sub Industries
Government, Recruitment/Executive Search
Website
http://eteaminc.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
eTeam, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Sirius Solutions LLLP | - | ||||||||
| Add-on | Completed | eTeam, Inc. | - | ||||||||
| Trade Sale | Completed | Dryden Human Capital | - |
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