What Lannick Group does

Lannick Group, operating today as Vaco, is a Canadian professional staffing and recruitment firm headquartered in Toronto that places candidates in accounting, finance, technology, HR and operations roles across the Greater Toronto Area and, since 2024, Calgary. Founded in 1985 and rebranded from Vaco Lannick to Vaco under the Highspring global professional services organization, the firm offers three integrated service lines: Talent Solutions (contingent staffing, contract staffing and direct-hire placements, plus Nearshore Talent Solutions sourced through global partnerships), Consulting, and Managed Services.

The firm serves Fortune 500 companies, government entities and large Canadian organizations as employer clients, and individual professionals as candidate clients; it places over 1,400 qualified candidates annually. Go-to-market is sales-led, combining direct enterprise engagement with self-serve candidate channels (jobs.vaco.com, talent community) and supporting content marketing (blog, white papers, PR including Forbes coverage, events, social media). Customer acquisition is built on recruiter relationships and specialized vertical expertise rather than proprietary technology.

Revenue is generated almost entirely through professional services fees — placement fees on direct hires and contract billings on contingent engagements — under a model that is not publicly disclosed. Canadian leadership sits with Managing Partners Jim Dimovski (who led Vaco's 2017 Canadian market entry) and Kevin Jeewan (who oversees both Toronto and Calgary and drives Highspring's delivery integration). No proprietary software product, AI capability, funding rounds, or external investors are disclosed; the firm operates as the Talent Solutions division of Highspring, which spans 45+ offices and 10,000+ employees globally.

Name

Lannick Group

Legal name

Vaco

Website

https://lannick.com

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

51–100 employees

Short description

Lannick Group, operating as Vaco under Highspring, is a Toronto-based professional staffing firm placing accounting, finance, technology, HR and operations candidates for Fortune 500, government and large Canadian organizations across the GTA and Calgary.

Ownership category

akta.pro rank

Product category

Professional Staffing Services

NAICS

Management Consulting Services (54161)

SIC

Services-Employment Agencies (7361)

akta.pro primary industry

National Generalist Staffing Firms (BPACACAI)

Keywords

• Professional staffing services
• Executive recruitment
• Talent solutions
• Contract staffing
• Direct hire placement

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Staffing and Recruitment Services: Vaco generates revenue through staffing and recruitment services including contract staffing (placing contractors for short-term projects or long-term assignments) and direct hire placements (permanent role placements). The firm also offers nearshore talent solutions leveraging global partnerships to provide cost-effective workforce options.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Lannick Group (operating as Vaco) is a Toronto-based professional staffing and recruitment firm that places accounting, finance, and technology talent into contract, direct hire, and nearshore engagements for employers across Canada. The firm offers contingent workforce solutions, permanent placements, and consulting/managed services through its parent organization Highspring, serving Fortune 500 companies, government entities, and other organizations in the Greater Toronto Area and beyond.

Product overview

Vaco (formerly Lannick Group) operates as a unified talent solutions platform offering staffing and recruitment services. The core portfolio consists of three integrated service lines: Talent Solutions (encompassing Contingent Workforce Solutions, Direct Hire, and Contract Staffing), Consulting, and Managed Services. These are organized around three areas of expertise: Accounting and Finance, Technology and Digital, and HR and Operations. Additionally, Nearshore Talent Solutions provides global workforce expansion capabilities. The company is part of Highspring's professional services organization and does not offer a traditional software product.

Differentiator

Problem solved

Functional benefit

Products and services

• Talent Solutions Core staffing and recruitment service providing contingent workforce solutions and direct hire placements for finance, accounting, and technology roles, serving employers in the Greater Toronto Area and across Canada.
• Contingent Workforce Solutions Short-term and complex project staffing solution connecting businesses with expert talent on a flexible basis, providing access to qualified professionals for accounting, finance, technology, and operational needs.
• Direct Hire Permanent placement service matching candidates to roles and company culture, handling the entire process from sourcing to onboarding for accounting, finance, technology, and operations roles.
• Contract Staffing Agile workforce solution providing immediate access to skilled professionals for short-term projects or long-term assignments across accounting, IT, and administrative support, enabling companies to manage costs while responding to fluctuating workloads.
• Nearshore Talent Solutions Global workforce expansion solution leveraging Highspring's partnerships to provide scalable, flexible resources with highly educated, English-speaking professionals in North American time zones at lower cost.
• Consulting Advisory services providing expertise and capability to move business initiatives forward, offered as part of Highspring's integrated professional services portfolio.
• Managed Services Outsourcing for critical business operations, enabling teams to focus on their core competencies, offered as part of Highspring's integrated professional services portfolio.

Quantifiable outcome

• Places over 1,400 qualified candidates annually

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Springboard ServicescommunityOthersKevin Jeewan, Managing Partner of Vaco in Canada, serves as a board member of Springboard Services, a Toronto organization that supports at-risk individuals through community justice, employment and developmental disability services. He is a member of Springboard's audit, finance and fund development committees.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• TEKsystems: Large IT staffing and talent services firm focused on technology and digital placements, directly comparable to Vaco's Technology and Digital expertise area.
• Robert Half: Global staffing and consulting firm specializing in finance, accounting, and technology placements, the closest direct competitor to Vaco Toronto with overlapping service lines including contract staffing and direct hire.
• Michael Page: International professional recruitment firm focused on permanent placements across finance, technology, and operations, with strong presence in Canada and comparable candidate-matching services.
• Creative Financial Staffing (CFS): Specialized staffing firm for accounting and finance professionals, closely aligned with Vaco's Accounting and Finance vertical and direct-hire placement model.
• Hays: Global professional staffing firm with deep specializations in finance, accounting, and technology recruitment, operating across multiple countries with comparable contract and permanent placement services.
• Accountemps (Robert Half brand): Temporary accounting and finance staffing brand under Robert Half, competing head-to-head with Vaco in contingent finance placements across the Canadian market.

Regional players

• Hudson Global: Global professional staffing provider specializing in talent solutions and recruitment process outsourcing, with comparable finance and technology practice offerings to Vaco.

Broad incumbents

• ManpowerGroup: Global workforce solutions and staffing company providing contract and permanent placement services across professional and industrial sectors, including finance and technology.
• Randstad: One of the world's largest staffing firms offering broad workforce solutions across finance, technology, and operations, competing with Vaco in contract and direct-hire placements at enterprise scale.
• Adecco: Global staffing and workforce solutions provider with generalist and specialist offerings, including finance and technology recruitment that overlaps with Vaco's service portfolio.

Market position

Strengths1 record

Weaknesses1 record

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/LannickGroup
• YouTubeyoutube.com/channel/UCR3DI_EdoHIdPFGe5ThGWoQ
• Facebookfacebook.com/planetvaco
• LinkedInlinkedin.com/company/lannick-group-of-companies
• Instagraminstagram.com/vaco_global

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lannick Group