Atlantic International Acquires Circle8 Group, Annual Revenue Reaches $1.2B
Atlantic International announced the acquisition of Circle8 Group. The transaction creates a diversified global workforce solutions platform with $1.2B in annual revenue, uniting Atlantic's North American light industrial staffing operations with Circle8's European IT and technology talent business. Circle8 Group, a provider of IT talent solutions, operates throughout Europe. The company generated $780M in revenue in 2025 and is on track to reach $1B organically in 2026, reflecting strong demand, blue-chip client relationships, and long-term contract visibility. Circle8 will operate as a wholly owned subsidiary of Atlantic International, with founder Guus Franke joining Atlantic International's Board of Directors as Executive Chairman while retaining his role as CEO of Circle8 Group. The combined platform is positioned to unlock meaningful value through expanded geographic reach, broader customer coverage, and cross-selling opportunities. Atlantic, through its Lyneer Staffing Solutions subsidiary, serves clients across food production, manufacturing, and logistics sectors throughout the United States, many of whom are global enterprises with European operations requiring technology talent. Circle8 serves Fortune 500 technology companies, government agencies, and large European corporations, many of which have significant North American footprints. Together, Atlantic can now support workforce needs in both regions and across industrial, IT, and technology talent categories. Circle8's operational scale and execution track record further strengthen the strategic rationale. Operating through a portfolio of respected brands, the company manages over 12,000 technology professionals and achieved an 85% success rate in economic value on government tenders in 2025, securing long-term contracts with exceptional revenue visibility. Circle8's appointment as the official IT global talent-matching partner for the Aston Martin Aramco Formula One Team underscores its ability to deliver mission-critical talent solutions in highly complex, performance-driven environments. This acquisition represents a significant milestone in Atlantic's strategy to build a diversified, multi-billion-dollar workforce solutions platform with increased scale, global relevance, and long-term shareholder value creation. By preserving Circle8's operational autonomy while integrating strategic capabilities, the company creates a comprehensive platform that serves workforce needs across multiple continents and industry verticals. The acquisition was completed as an all-stock transaction.
Trade with 70% Backtested Accuracy
Analyst Views on ATLN
No data
About ATLN
About the author
Atlantic International Appoints New CFO
- Executive Appointment: Atlantic International (ATLN) has appointed Kevin J. Murphy as Chief Financial Officer, effective February 2, 2026, indicating a strategic shift in the company's financial management.
- Background Experience: Prior to this role, Murphy served as EVP and division CFO at Hospitality Staffing Solutions, also briefly acting as CEO, showcasing his extensive experience in financial and operational management.
- Market Reaction: This appointment is likely to positively impact investor confidence, particularly as the company seeks to optimize its financial structure and enhance operational efficiency, which may bolster market trust in Atlantic International's future growth.
- Strategic Implications: Murphy's addition not only brings a fresh financial perspective to the company but may also drive Atlantic International towards greater financial transparency and stronger strategic execution in a competitive market environment.
Baker Hughes Q4 Earnings Exceed Expectations
- Earnings Beat: Baker Hughes reported adjusted earnings of 78 cents per share for Q4, surpassing market expectations of 67 cents, indicating strong performance in the oil and gas sector, which is likely to boost investor confidence.
- Sales Growth: The company's quarterly sales reached $7.386 billion, exceeding expectations of $7.068 billion, reflecting its competitive edge amid recovering market demand and potentially driving future business expansion.
- Stock Price Surge: Baker Hughes shares rose 3.7% to $55.81 in pre-market trading, indicating a positive market reaction to its financial performance, which may attract more investor interest.
- Industry Impact: This earnings improvement not only strengthens Baker Hughes' market position but could also positively influence the entire oil and gas industry, prompting other companies to increase investment and innovation efforts.
Atlantic International Corp Acquires Circle8 Group, Valued at $1.2 Billion
- Acquisition Expansion: Atlantic International Corp's acquisition of Europe-based Circle8 Group aims to deepen technology staffing and drive a cross-Atlantic workforce platform for industrial and IT talent, although financial terms remain undisclosed.
- Revenue Growth Potential: The deal combines Atlantic's North American light-industrial staffing with Circle8's European IT recruiting, creating a combined platform valued at approximately $1.2 billion in annual revenue, indicating strong market potential.
- Market Footprint: Circle8 is projected to generate around $780 million in unaudited revenue in 2025, with expectations to reach $1 billion in organic revenue by 2026, enhancing Atlantic's presence in the European market.
- Leadership Structure: Circle8 founder and CEO Guus Franke will continue to lead the business and join Atlantic's board, ensuring sustained operational momentum while aligning leadership incentives.
Atlantic International Acquires Circle8, Creating $1.2 Billion Workforce Platform
- Acquisition Completed: Atlantic International Corp. has completed the acquisition of IT staffing company Circle8 Group in an all-stock transaction, marking a significant strategic expansion despite undisclosed financial details.
- Revenue Growth Potential: Circle8 generated approximately $780 million in revenue in 2025 and is projected to reach $1 billion organically by 2026, providing strong revenue support for Atlantic International.
- Global Market Expansion: This acquisition creates a diversified global workforce solutions platform with approximately $1.2 billion in annual revenue, successfully expanding Atlantic International's footprint into European markets and enhancing its competitiveness in the global HR solutions sector.
- Positive Stock Reaction: Following the acquisition announcement, Atlantic International's shares rose 5.33% in pre-market trading on Nasdaq, reaching $3.96 per share, reflecting market optimism regarding the acquisition.
Atlantic International Corp. (NASDAQ:ATLN) Insider Ownership at 52% Indicates Significant Shareholder Influence
- Insider Ownership: Atlantic International's insiders hold 52% of the shares, with 42% owned by individual insiders, indicating significant influence over company decisions and potential for maximum gains if stock prices rise.
- Market Performance: The company's market cap reached $153 million last week, following a 35% increase in stock price, reflecting market confidence in future growth and potentially attracting more institutional investors.
- Institutional Investor Dynamics: Although institutional ownership is low at 10%, it suggests that the company remains on the radar of some funds, indicating potential for increased institutional interest in the future.
- Impact on Shareholders: The largest shareholder, SPP Credit Advisors LLC, owns 38% of the stock, highlighting potential influence over management, while CEO Jeffrey Jagid, as the second-largest shareholder, may drive short-term value creation for shareholders.
Atlantic International's Lyneer Staffing Solutions Secures $17 Million Revenue Opportunity with Global E-Commerce Giant
Contract Announcement: Atlantic International Corp.'s subsidiary, Lyneer Staffing Solutions, has secured a contract potentially worth $17 million to provide staffing services for a global e-commerce logistics company over the next year.
Service Scope: The partnership includes both temporary staffing for peak demand and direct-hire placements, addressing the need for skilled workers in warehouse automation, inventory management, and last-mile delivery as e-commerce continues to grow.
Atlantic International Appoints New CFO
- Executive Appointment: Atlantic International (ATLN) has appointed Kevin J. Murphy as Chief Financial Officer, effective February 2, 2026, indicating a strategic shift in the company's financial management.
- Background Experience: Prior to this role, Murphy served as EVP and division CFO at Hospitality Staffing Solutions, also briefly acting as CEO, showcasing his extensive experience in financial and operational management.
- Market Reaction: This appointment is likely to positively impact investor confidence, particularly as the company seeks to optimize its financial structure and enhance operational efficiency, which may bolster market trust in Atlantic International's future growth.
- Strategic Implications: Murphy's addition not only brings a fresh financial perspective to the company but may also drive Atlantic International towards greater financial transparency and stronger strategic execution in a competitive market environment.
Baker Hughes Q4 Earnings Exceed Expectations
- Earnings Beat: Baker Hughes reported adjusted earnings of 78 cents per share for Q4, surpassing market expectations of 67 cents, indicating strong performance in the oil and gas sector, which is likely to boost investor confidence.
- Sales Growth: The company's quarterly sales reached $7.386 billion, exceeding expectations of $7.068 billion, reflecting its competitive edge amid recovering market demand and potentially driving future business expansion.
- Stock Price Surge: Baker Hughes shares rose 3.7% to $55.81 in pre-market trading, indicating a positive market reaction to its financial performance, which may attract more investor interest.
- Industry Impact: This earnings improvement not only strengthens Baker Hughes' market position but could also positively influence the entire oil and gas industry, prompting other companies to increase investment and innovation efforts.
Atlantic International Corp Acquires Circle8 Group, Valued at $1.2 Billion
- Acquisition Expansion: Atlantic International Corp's acquisition of Europe-based Circle8 Group aims to deepen technology staffing and drive a cross-Atlantic workforce platform for industrial and IT talent, although financial terms remain undisclosed.
- Revenue Growth Potential: The deal combines Atlantic's North American light-industrial staffing with Circle8's European IT recruiting, creating a combined platform valued at approximately $1.2 billion in annual revenue, indicating strong market potential.
- Market Footprint: Circle8 is projected to generate around $780 million in unaudited revenue in 2025, with expectations to reach $1 billion in organic revenue by 2026, enhancing Atlantic's presence in the European market.
- Leadership Structure: Circle8 founder and CEO Guus Franke will continue to lead the business and join Atlantic's board, ensuring sustained operational momentum while aligning leadership incentives.
Atlantic International Acquires Circle8, Creating $1.2 Billion Workforce Platform
- Acquisition Completed: Atlantic International Corp. has completed the acquisition of IT staffing company Circle8 Group in an all-stock transaction, marking a significant strategic expansion despite undisclosed financial details.
- Revenue Growth Potential: Circle8 generated approximately $780 million in revenue in 2025 and is projected to reach $1 billion organically by 2026, providing strong revenue support for Atlantic International.
- Global Market Expansion: This acquisition creates a diversified global workforce solutions platform with approximately $1.2 billion in annual revenue, successfully expanding Atlantic International's footprint into European markets and enhancing its competitiveness in the global HR solutions sector.
- Positive Stock Reaction: Following the acquisition announcement, Atlantic International's shares rose 5.33% in pre-market trading on Nasdaq, reaching $3.96 per share, reflecting market optimism regarding the acquisition.
Atlantic International Corp. (NASDAQ:ATLN) Insider Ownership at 52% Indicates Significant Shareholder Influence
- Insider Ownership: Atlantic International's insiders hold 52% of the shares, with 42% owned by individual insiders, indicating significant influence over company decisions and potential for maximum gains if stock prices rise.
- Market Performance: The company's market cap reached $153 million last week, following a 35% increase in stock price, reflecting market confidence in future growth and potentially attracting more institutional investors.
- Institutional Investor Dynamics: Although institutional ownership is low at 10%, it suggests that the company remains on the radar of some funds, indicating potential for increased institutional interest in the future.
- Impact on Shareholders: The largest shareholder, SPP Credit Advisors LLC, owns 38% of the stock, highlighting potential influence over management, while CEO Jeffrey Jagid, as the second-largest shareholder, may drive short-term value creation for shareholders.
Atlantic International's Lyneer Staffing Solutions Secures $17 Million Revenue Opportunity with Global E-Commerce Giant
Contract Announcement: Atlantic International Corp.'s subsidiary, Lyneer Staffing Solutions, has secured a contract potentially worth $17 million to provide staffing services for a global e-commerce logistics company over the next year.
Service Scope: The partnership includes both temporary staffing for peak demand and direct-hire placements, addressing the need for skilled workers in warehouse automation, inventory management, and last-mile delivery as e-commerce continues to grow.
