Right Management in JV with Grow Talent Company Limted
Right Management, a leading HR consulting firm, and wholly owned subsidiary of Manpower Inc, has completed the process of forming a Joint Venture by acquiring majority stake in Grow Talent Company Limited, an organizational and individual consulting firm with offices in Gurgaon (New Delhi), Mumbai, and Bangalore, India, effective today.
Tweet-- Right Management, a leading HR consulting firm, and wholly owned subsidiary of Manpower Inc, has completed the process of forming a Joint Venture by acquiring majority stake in Grow Talent Company Limited, an organizational and individual consulting firm with offices in Gurgaon (New Delhi), Mumbai, and Bangalore, India, effective today.
“The addition of Grow Talent Company Limited is an important expansion in our service delivery network into the dynamic and growing Indian market,” said Owen Sullivan, Chief Executive Officer of Right Management, a leading global provider of integrated consulting solutions across the employment lifecycle, with more than 300 service locations and 2500 consultants worldwide, and revenues exceeding USD 400 million.
Grow Talent provides organization transformation, talent appreciation, leadership development, and coaching services to leading companies in its market. Grow Talent has provided outplacement services to Right Management’s multinational clients for the past few years as a correspondent. In a short span of six years, Grow talent has grown rapidly to a team of 100 consultants and associates.
“While our strategy continues to focus on organic growth, we will consider high quality acquisition opportunities in markets that we do not currently serve, or organizations that provide services complimentary to our human capital lifecycle offerings. Grow Talent is such an opportunity,” said Sullivan.
Grow Talent was founded in 2000 by Anil Sachdev, who will remain a minority shareholder and Managing Director, reporting to Keiji Miyaki, Executive Vice President for Right Management’s Asia Pacific region. “We are excited about expanding our relationship with Right Management through this next logical step. Based on our past few years as a correspondent, we are very confident our decision will benefit both our clients and our employees,” said Sachdev.
Added Miyaki: “The expertise and reputation that the Grow Talent team has established will significantly complement Right Management’s service offerings. We will work together over the next few months to build on the foundation that Grow Talent has created to introduce new services to the Indian market. We will share best practices from our organizations to extend to our global network.”
Notes to Editor
About Right Management
Right Management (www.right.com) is a leading global provider of integrated consulting solutions across the employment lifecycle. Right Management helps clients maximize the return on their human capital investments while assisting individuals to achieve their full potential.
Right Management is a wholly owned subsidiary of Manpower, Inc. (NYSE:MAN), a world leader in the employment services industry, creating and delivering services that enable its clients to win in the changing world of work.