TMP Worldwide buys Adept Inc. for undisclosed price

NEW YORK (BLOOMBERG) — TMP Worldwide Inc., owner of online job site Monster.com and the world’s biggest Yellow Pages advertising agency, said it acquired closely held recruiter Adept Inc. to gain clients in the Northeast.

Terms weren’t disclosed. Adept, which specializes in information-technology jobs, has 70 employees, TMP spokesman Dan Bustillos said.

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Adept is based in Framingham, Mass. According to TMP, Adept was recently ranked among the top-10 largest privately held IT staffing companies in New England.

New York-based TMP is the world’s largest recruitment- advertising company. It had sales of $765.8 million in 1999.

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