On the Record · ManpowerGroup
ManpowerGroup acquisitions, on the record
The businesses ManpowerGroup bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
ettain groupWord for word“On October 1, 2021, we acquired ettain group, one of the largest privately held IT resourcing and services providers in North America.” 10-K for 2023 | acquisition | On October 1, 2021 | — |
TingariWord for word“The 2022 payments primarily represent a consideration payment for the acquisition of Tingari, a talent solutions company in France.” 10-K for 2023 | acquisition | — | The 2022 payments primarily represent a consideration payment for the acquisition of Tingari, a talent solutions company in France. |
Philippines businessWord for word“On September 29, 2023, we disposed of our Philippines business in our APME segment for total consideration of $6.5 million.” 10-K for 2023 | divestiture | On September 29, 2023 | for total consideration of $6.5 million. |
Austria business in our Southern Europe segmentWord for word“On October 15, 2024, we disposed of our Austria business in our Southern Europe segment for cash proceeds of $ 0.1 and simultaneously entered into a franchising agreement.” 10-K for 2024 | agreed divestiture | October 15, 2024 | $ 0.1 |
a franchise in the United StatesWord for word“The 2024 payments represent a consideration payment for a franchise in the United States and contingent consideration payments related to a previous acquisition.” 10-K for 2024 | acquisition | — | — |
Tingari, a talent solutions company in FranceWord for word“The 2022 payments primarily represent a consideration payment for the acquisition of Tingari, a talent solutions company in France.” 10-K for 2024 | acquisition | — | — |
ExperisWord for word“The acquisition was funded through cash on hand and a $150.0 draw on our revolving credit facility on October 1, 2021 which was repaid in 2022.” 10-K for 2024 | acquisition | — | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2016-12-31 | $57.6 million | $24.4 million |
| 2017-12-31 | $32.7 million | $35 million |
| 2018-12-31 | $9.1 million | $6.1 million |
| 2019-12-31 | −$77.8 million | $48 million |
| 2020-12-31 | $700,000 | $0 |
| 2021-12-31 | $924.4 million | $522.7 million |
| 2022-12-31 | $16.4 million | $2.3 million |
| 2023-12-31 | $0 | — |
| 2024-12-31 | $4.9 million | $1.4 million |
| 2025-12-31 | $1 million | $900,000 |
Deal filings since 2016
- 2025-12-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-06-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-05-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-08-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-06-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from ManpowerGroup’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-23. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.