Circle8 Group Inc
atlantic-international.comWhat Do They Do?
Provides temporary staffing to businesses across professional, financial, industrial and technology fields, alongside permanent placement and workforce-management services.
10-K for FY2025, filed Apr 15, 2026On June 18, 2024, Atlantic International Corp (“Atlantic” or the “Company”) completed the acquisition (the “Merger”) of Lyneer Investments…View ↗
Lyneer, through its operating subsidiaries, primarily Lyneer Staffing Solutions, is a national strategic staffing firm servicing the…View ↗
Lyneer’s management believes, based on their knowledge of the industry, that Lyneer is one of the prominent and leading staffing firms in…View ↗
Year Ended December 31, 2025 2024 Temporary placement services $ 431,401,261 $ 438,820,825 Permanent placement and other services 4,477,469…View ↗
How Do They Make Money?
Clients pay for temporary staffing as assigned professionals provide services; invoices are sent with each payroll period. Permanent-placement fees are tied to a candidate accepting a job and starting work and are generally based on annual compensation.
10-K for FY2025, filed Apr 15, 2026
-
10-K for FY2025, filed Apr 15, 2026
FY2025 revenue by product or service ↗
$435.9M
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10-K for FY2025, filed Apr 15, 2026
$435.9M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Temporary placement services
Usage-based
10-K for FY2025, filed Apr 15, 2026 |
99% |
Temporary placement services, FY2025
$431.4M Sources
|
Usage-based |
|
Permanent placement and other services
Sold outright
|
1.0% |
Permanent placement and other services, FY2025
$4.5M Sources
|
Sold outright |
Who Are Their Customers?
Serves small and midsize businesses through local or regional relationships, as well as large national and multinational companies that may use several staffing firms and leave the choice to local managers.
10-K for FY2025, filed Apr 15, 2026Lyneer’s client mix consists of both small- and medium-size businesses, and large national and multinational client relationships. Client…View ↗
Do Revenues Turn Into Profits?
No. It lost $59.4M in FY2025.
10-K for FY2025, filed Apr 15, 2026
−$50.2MView ↗
10-K for FY2025, filed Apr 15, 2026
−$59.4MView ↗
10-K for FY2025, filed Apr 15, 2026
−$4.5MView ↗
How Are They Changing?
10-Q for Q2 FY2026, filed Aug 19, 2026
Open tableView ↗
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Sep 10, 2026
Circle8 proposed a possible cash offer for SThree
The proposal is preliminary and non-binding; Circle8 said there is no certainty it will make a firm offer.
Sources
8-K, filed Sep 11, 2026
There can be no assurance that Circle8 will make a firm offer for SThree, that financing will be completed on acceptable terms, that…View ↗
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Jul 1, 2026
Guus Franke became CEO; Jeffrey Jagid moved to president
Sources
8-K, filed Jul 1, 2026
On June 29, 2026, in connection with Guus Franke’s appointment as Chief Executive Officer of Atlantic International Corp (the “Company”)…View ↗
Growing. Revenue grew 2075.7x in 4 years, from $210K in FY2021 to $435.9M in FY2025, about 575% a year.
From sequencing to staffing
The older report described a life-sciences sequencing business selling instruments, kits and research services; the latest report centers on staffing and workforce solutions, including temporary placement and technology staffing.
10-K for FY2022, filed Mar 16, 2023 10-K for FY2025, filed Apr 15, 2026On June 18, 2024, Atlantic International Corp (“Atlantic” or the “Company”) completed the acquisition (the “Merger”) of Lyneer Investments…View ↗
Lyneer, through its operating subsidiaries, primarily Lyneer Staffing Solutions, is a national strategic staffing firm servicing the…View ↗
Lyneer’s management believes, based on their knowledge of the industry, that Lyneer is one of the prominent and leading staffing firms in…View ↗
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