Circle8 Group Awarded CAK Managed Services Contract Valued at $68 Million in Annual Revenue
Key Highlights
- ➤CAK contract valued at $68 million in annual revenue
- ➤Services scheduled to commence January 1, 2027
- ➤Circle8 Netherlands expands scope to sourcing, contracting and delivery oversight
- ➤Award broadens Circle8’s Dutch public-sector managed services role
Expert Statements
Guus Franke, CEO and Chairman of Circle8 Group
“This award is an important step in expanding Circle8’s role as a strategic service partner to public-sector organizations.”
Guus Franke, CEO and Chairman of Circle8 Group
“By combining access to specialized IT talent with responsibility for sourcing, contracting and delivery oversight, we can support more of our clients’ operational needs and build deeper, more durable relationships.”
Guus Franke, CEO and Chairman of Circle8 Group
“The expanded CAK mandate reflects the direction of our platform: broader service capabilities, greater client integration and a disciplined focus on long-term value creation.”
Patrick Schuijt, Chief Revenue Officer of Circle8
“CAK is expanding our role from providing expertise to overseeing service delivery.”
Patrick Schuijt, Chief Revenue Officer of Circle8
“Bringing sourcing, contracting and delivery oversight together allows us to support CAK through a more coordinated service model.”
ENGLEWOOD CLIFFS, N.J., Oct. 20, 2026 (GLOBE NEWSWIRE) -- Circle8 Group, Inc. (Nasdaq: CIRC) (“Circle8” or the “Company”), an international technology, workforce and business transformation platform, today announced that its Dutch operating company, Circle8 Netherlands, has been awarded a combined broker and managed services contract with CAK, the Dutch public body responsible for administering healthcare contributions and long-term care payments. The contract is valued at $68 million in annual revenue and is scheduled to commence on January 1, 2027.
The award expands Circle8 Netherlands’ existing relationship with CAK and broadens its role from supplying IT expertise to overseeing a more comprehensive service mandate. Under the contract, Circle8 Netherlands will be responsible for sourcing, contracting and delivery oversight, bringing these activities together within an integrated managed services framework.
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