BURLINGAME, California & amp; SOUTHFIELD, Michigan – (BUSINESS WIRE) – March 29, 2022 –
PRO Unlimited, the provider of the Integrated Workforce Management (IWM) platform, announced today that it will acquire Geometric Results, Inc. (GRI), a leading independent external expert in employee management, owned by funds managed by Bain Capital Private Equity Europe. This acquisition will increase the value of the IWM PRO platform by adding GRI’s proven Managed Services Program (MSP) features to the extensive portfolio of SaaS, Talent Intelligence and Professional Services solutions.
The proposed GRI transaction continues the path of organic and M&A PRO growth. GRI’s additional services include SOW Optimization, Proactive Sourcing, Market Intelligence and Supplier Engagement. This will strengthen the PRO offering for customers including Fortune 1000 and mid-market companies in a wide range of industries. It will continue to improve the PRO customer experience by broadening and deepening the services offered to companies in the areas of strategic talent acquisition, cost savings and development goals related to their contingent personnel management programs.
“Our number one priority is to provide organizations with the most innovative and customer-focused solutions to accelerate talent acquisition, management and optimization,” said Kevin Akeroyd, CEO of PRO Unlimited. “GRI shares the same strategic approach to its customers. The combination of two leading contingency personnel management companies allows us to reimagine and change the future of work. ”
Akeroyd added: “With the GRI team of experts and ours, we have a new ability to innovate, anticipate and solve future workforce management challenges. Our existing and new customers will be able to rely on us to better manage, efficiently and financially control their employees and talent supply chains. ”
GRI is currently owned by MSX International, a portfolio company of funds managed by Bain Capital Europe that provides technology-based business process outsourcing. GRI offers customized MSP solutions to over 150 global customers, managing over $ 4 billion in spend. Its presence in the UK and India further enhances PRO’s well-established operations in these countries and expands its extensive supplier network of over 10,000 agencies. With the proposed acquisition, total customer spending managed by PRO will amount to more than $ 22 billion.
“GRI continues to exceed growth expectations thanks to the contribution of our team and partners at Bain Capital Private Equity, our ability to be consistent with our customers and our commitment to delivering surplus with a wide range of opportunities,” said Mike Wachholz, GRI CEO. “Their strategic and operational knowledge helped us build a highly scalable model to support further market penetration and diversification. We are extremely excited to continue our journey of development with PRO Unlimited. ”
“PRO is designed to be a great home for the future of our employees and our customers, who will now benefit from a broad portfolio of services through a comprehensive PRO platform,” said Fred Minturn, president of MSX International.
“The company has grown enormously over the past five years under the leadership of Mike and Fred, introducing new services (including job listing and direct sourcing), an investment in the cutting-edge EnvisionTM analytical platform, and transformative M&A. We thank the entire team for our joint success, said David Danon, Managing Director of Bain Capital Private Equity Europe.
The transaction is subject to customary terms and approvals. Pro Unlimited was advised by Sidley Austin LLP, Morgan Lewis, PwC, and Alvarez and Marsal. William Blair was exclusive financial advisor to Kirkland & amp; Ellis LLP served as legal advisor and PwC served as accounting and tax advisor for GRI and Bain Capital Private Equity.
Serving hundreds of the world’s most recognized brands, PRO Unlimited offers modern workforce management and an ecosystem of partners backed by data, software, intelligence and services to meet your flexible employee needs. PRO’s Integrated Workforce Management platform can quickly adapt to regional or industry-specific economic changes and provides speed, scale, flexibility, transparency and expertise to serve as a holistic platform for the modern workforce. Based in Burlingame, CA, PRO has been helping global brands and organizations achieve operational and financial success for over 30 years. http://www.prounlimited.com
About Geometric Scores, Inc. (GRI)
GRI, a portfolio company of funds managed by Bain Capital Private Equity Europe, manages billions of dollars in contingent labor expenses worldwide. Provide cost-effective, innovative Managed Services Program (MSP) solutions to increase employee visibility, save material costs, and attract better talent. With over twenty years of experience supporting some of the most recognizable brands in the world, the GRI model is proven and future-proof.
See the source version on businesswire.com: https://www.businesswire.com/news/home/20220329005258/en/
Christian Barbato, vice president of corporate marketing
215.527.6616GRI / MSXI / Bain Capital
+44 (0) 7815 068 387 / +44 (0) 7875 841 477
KEYWORDS: CALIFORNIA MICHIGAN NETHERLANDS NORTH AMERICA UNITED STATES GREAT BRITAIN EUROPE
INDUSTRY KEYWORD: DATA MANAGEMENT SERVICES PROFESSIONAL TECHNOLOGY SOFTWARE HUMAN RESOURCES
PUB: 3/29/2022 09:00 / DISC: 3/29/2022 9:02 AM
http://www.businesswire.com/news/home/20220329005258/en
SAN FRANCISCO, CA and ORLANDO, FL Aug 17, 2021 êŸ · PRO Unlimited, a leading provider of modern employee management platforms, announced today that, through an agreement with EQT Private Equity, it will acquire Workforce Logiq from Carlyle managed funds later one year, with subject to customary regulatory approvals.
When was pro unlimited founded?
Established in 1991, PRO was founded on the understanding that there is a critical need to manage the entire ecosystem of the workforce. See the article : Global IoT Managed Services Market Report 2021-2026:.
Who Owns PRO Unlimited?
What kind of company is PRO Unlimited?
PRO Unlimited offers the industry-leading Integrated Workforce Management Platform, helping large global organizations solve the cost, risk and quality problems associated with managing non-employees. On the same subject : Bell Techlogix named a top IT Managed Services Provider by Expertise.
What industry is pro unlimited?
PRO Unlimited is a pioneer in conditional workforce management, laying the foundations with the introduction in 1991 of the Independent Contractor Misclassification and Co-Employment Risk Management services. PRO was followed by the industry’s first offers from SMEs and VMS. And the innovation continued over the years.
How do I contact Pro Unlimited?
Or call our help desk on: 1 888 368 9141 United States.
Is Pro Unlimited Public or private?
| Type | Private | |
|---|---|---|
| Founded | 1991 | |
| Headquarters | San Francisco, California, United States | Map |
| Website | prounlimited.com | |
| Employee evaluation | 4.1 | More |
What is Facebook PRO Unlimited? PRO Unlimited – real-time data use in a hybrid work environment. This may interest you : 4 trends disrupting managed infrastructure services. PRO Unlimited’s RatePoint, a SaaS platform, provides on-demand rate information for any conditional item worldwide.
What is wand PRO Unlimited?
About Pro Unlimited (Wand) PRO Unlimited offers Managed Service Provider (MSP) and Vendor Management System (VMS) solutions. They help organizations address the cost, risk and quality issues associated with managing contingent workforce.
What kind of company is Pro Unlimited?
PRO Unlimited offers the industry-leading Integrated Workforce Management Platform, helping large global organizations solve the cost, risk and quality problems associated with managing non-employees.
What does wand stand for Pro Unlimited?
Workforce Alliance Network Direct (WAND) is a web-based conditional employee management tool designed and developed by Pro Unlimited. WAND drives the business processes of a Managed Service Provider (MSP), customer, employee, and vendor as part of Pro’s contingent personnel management solution.
What kind of company is PRO Unlimited?
PRO Unlimited offers the industry-leading Integrated Workforce Management Platform, helping large global organizations solve the cost, risk and quality problems associated with managing non-employees.
What industry is pro unlimited?
PRO Unlimited is a pioneer in conditional workforce management, laying the foundations with the introduction in 1991 of the Independent Contractor Misclassification and Co-Employment Risk Management services. PRO was followed by the industry’s first offers from SMEs and VMS. And the innovation continued over the years.
How do I contact Pro Unlimited?
Or call our help desk on: 1 888 368 9141 United States.
What is Workforce Portal?
The Employee Portal, sometimes referred to as the HR Portal, is an online employee engagement platform that provides a range of HR services at the employee’s fingertips.
What is an employee portal? Employee portals – also known as corporate, intranet, or self-service portals for employees – often simply keep employees connected and up-to-date on the organization, and typically contain core employee tools. Like HR portals, they are generally secure and require login credentials.
How could a portal help your employees?
The portal can also help employees stay connected as a team. They can work, play and effectively share ideas through the portal. An extensive catalog will be created that will highlight birthdays, milestones and other achievements, making the portal more social.
What is an employee self-service portal?
Employee Self-Service Portals (ESS) are web-based tools through which employees can access relevant information and carry out specific transactions from a central website or gateway. Some organizations also use the Employee Portal to provide both corporate and human resource information.
How do you make an employee portal?
How to build a portal for employees
- Define the purpose of the portal for employees of your company. …
- Specify your requirements. …
- Define the design of the employee portal. …
- Assign staff to the appropriate roles. …
- Search the market for a suitable solution (or build one on your own).
How do I set up an employee portal?
How to build a portal for employees
- Define the purpose of the portal for employees of your company. …
- Specify your requirements. …
- Define the design of the employee portal. …
- Assign staff to the appropriate roles. …
- Search the market for a suitable solution (or build one on your own).
What is an employee self-service portal?
Employee Self-Service Portals (ESS) are web-based tools through which employees can access relevant information and carry out specific transactions from a central website or gateway. Some organizations also use the Employee Portal to provide both corporate and human resource information.
How many employees does Pro Unlimited have?
Pro Unlimited Global Solutions, Inc. has a total of 18,000 employees in all of its locations and generates $ 506.49 million in sales (USD).
What company is PRO Unlimited? PRO Unlimited offers the industry-leading Integrated Workforce Management Platform, helping large global organizations solve the cost, risk and quality problems associated with managing non-employees.
How do I contact PRO Unlimited?
Or call our help desk on: 1 888 368 9141 United States.
What is wand Pro Unlimited?
About Pro Unlimited (Wand) PRO Unlimited offers Managed Service Provider (MSP) and Vendor Management System (VMS) solutions. They help organizations address the cost, risk and quality issues associated with managing contingent workforce.
How many employees does workforce logiq have?
2,300 global experts in workforce management.
Is workforce logiq a VMS? Vendor Management System (VMS) and the Workforce Logiq mobile app are trusted by organizations around the world to increase operational efficiency and provide visibility and control to their entire workforce, including: Temporary employees sourced from external vendors.
What kind of company is workforce logiq?
About us. Workforce Logiq from PRO Unlimited, a global provider of AI-driven intelligence, technology and workforce services for large corporations, enables organizations to source and retain the talent they need to grow.