System One acquires a video production and recruitment company with offices in London and New York

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January 05, 2022

System One, a Pittsburgh-based staffing firm, has acquired Dreamtek, a global video production company based in London and New York. Dreamtek’s services include staffing of creative, production, multimedia and video engineering professionals.

“Dreamtek’s reputation, expertise and strength align with our vision to provide critical outsourced services to niche markets,” said Greg Lignelli, COO of System One.

Lignelli said the acquisition of Dreamtek will create growth opportunities in the virtual live event space, video production, audio/video support, and virtual reality and augmented reality fields.

The deal closed on January 3 and terms of the transaction have not been announced. There will be no changes in Dreamtek’s management team.

“This is a positive and strategic alliance,” said Victoria Neeson, CEO of Dreamtek. “This union gives us the support we need to take our digital and creative business to the next level.”

System One acquires Dreamtek through its TeamPeople division, which staffs creative, media and audiovisual spaces. TeamPeople also provides managed services.

“This collaboration expands our portfolio of services to help meet the demands of the virtual shift that has impacted creative and business communications,” said Rachel Peters, executive vice president of TeamPeople.

System One staffs across multiple segments and has over 650 staff members and over 9,000 consultants on assignment. It has 50 offices in the United States and Canada.

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