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GRI Acquires UK-Based Managed Service Provider de Poel.

M2 EQUITYBITES-June 18, 2018-GRI Acquires UK-Based Managed Service Provider de Poel

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18 June 2018 - US-based extended workforce solution provider GRI has acquired UK-based managed service provider for non-permanent workforce industry de Poel, the company said.

Terms of the transaction were not disclosed.

The de Poel name will be replaced by GRI, publicly making the company and its employees all a part of the GRI family. Along with the name change, all corporate branding will also be modified.

GRI's existing global clients, with programmes in more than 50 countries, will see no changes to services, but may realise benefit from the company's expanded list of industries.

Geometric Results, Inc., a holding of Bain Capital Private Equity, is an independent extended workforce solutions provider, with USD 5bn in managed non-employee workforce spend.

The company maintains a conflict-free position with regard to staffing suppliers and VMS technology platforms.

GRI's solutions offer management of clients' total MSP programme activity including contracting, supplier management, payment services, and advanced analytics; clients realise improved efficiency, increased transparency, and reduced cost.

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Publication:M2 EquityBites (EQB)
Date:Jun 18, 2018
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