Right Management Completes Acquisition of Grow Talent Consulting Firm in India
PHILADELPHIA, Dec 05, 2006 (BUSINESS WIRE) -- Right Management has completed the acquisition of Grow Talent Company Limited, an organizational and individual consulting firm with offices in Gurguan (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 worldwide.
Grow Talent provides organization transformation, talent appreciation, leadership development, and coaching services to leading companies in its markets. Grow Talent has provided outplacement services to Right Management multi-national clients for the past few years as a correspondent.
"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 compliment 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 the best practices from our organizations to extend to our global network."
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.
SOURCE: Right Management
Right Management Sal Vittolino, 610-649-9292 X102 sal@buchananpr.com
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