---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-254476"
form_type: "8-K"
ticker: "MAN"
cik: "0000871763"
company_name: "ManpowerGroup Inc."
filed_at: "2021-08-24T23:59:59+00:00"
generated_at: "2026-06-29T08:16:30.420257+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# ManpowerGroup to acquire ettain group for $925M cash; Experis IT business to reach $4.5B revenue

## Summary
- Purchase price of $925M in cash; acquisition expected to close by late September 2021.
- ettain's pro forma 12-month revenue ~$724M with EBITDA ~$75M.
- Combined Experis IT resourcing & services business to have annual revenue >$4.5B globally and >$1.7B in North America.
- Funded with cash on hand and ~$150M from revolving credit facility, repaid over 12 months.
- Accretive to 2021 and 2022 EPS excluding one-time costs; significant tax benefits expected.

## SEC filing metadata
- accession: 0001193125-21-254476
- form_type: 8-K
- ticker: MAN
- cik: 0000871763
- company_name: ManpowerGroup Inc.
- filed_at: 2021-08-24T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/871763/000119312521254476/0001193125-21-254476-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/871763/000119312521254476/d112970d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-254476
- JSON: https://secwatch.observer/filing/0001193125-21-254476.json
- Plain text: https://secwatch.observer/filing/0001193125-21-254476.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.