ATLN News & Events

Atlantic International has appointed Gateway Group to lead its investor relations program. "Atlantic is entering an important period marked by global expansion, strategic acquisitions, and continued innovation across our outsourced services and workforce solutions platform," said CEO Jeffrey Jagid. "With the integration of Circle8, our most recent acquisition, the expansion of key client relationships, and the launch of our AI-driven workforce intelligence capabilities, we have meaningfully strengthened our scale and competitive position. Our focus now is on disciplined execution and seamless integration as we build a more resilient, scalable organization that drives sustained growth.

Atlantic International announced the appointment of Kevin Murphy as CFO, effective February 2, as the company continues to scale its platform and integrate recent acquisitions. Murphy brings more than 25 years of senior financial leadership experience across staffing, technology, data services, and private-equity-backed organizations.

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.

For the first nine months of 2025, the company achieved $315.8 million in service revenue, supported by a record quarter that delivered $110.1 million in revenue, a 2.2% increase over the same period last year. "Our $34.5 million improvement in net loss, together with the gains in Adjusted EBITDA, underscores the effectiveness of our operational and cost-management initiatives," said Jeffrey Jagid, Chief Executive Officer of Atlantic International Corp. "We are encouraged by the progress we've made while continuing to deliver strong satisfaction levels across our referenceable customer base. This stability provides a solid foundation as we advance into the next phase of our growth strategy."