Mon, 28 Oct 2019 | BUSINESS SALE
Global workforce solutions provider PSI Services has announced that it has acquired international assessment and executive development business Cubiks Group Ltd.
Cubiks is based in Guildford, UK and has offices in 13 countries across Europe and the Asia Pacific region.
In a press release announcing the deal, PSI commented that the acquisition would consolidate its position whilst further developing its product portfolio and global footprint.
PSI cited Cubiks’ screening, selection and development solutions as being “a valuable complement to PSI’s existing talent management portfolio” and will strengthen talent solutions for customers of both companies.
PSI Chief Executive Officer Steve Tapp commented that: “This acquisition is all about investment and growth in the global talent management space.
“Our international presence has been growing strongly over the last four years and acquiring Cubiks gives us an enhanced presence around the world that will, at a stroke, dramatically extend our market reach and provide the platform for further expansion."
PSI President Peter Celeste highlighted Cubiks’ “scalable assessment and development solutions, such as its leading workplace personality tool PAPI” and spoke of excitement at the deal.
Cubiks CEO Martin Smith commented “Cubiks has for 20 years been empowering people to achieve their potential through our market-leading talent assessment solutions. To take these solutions to a wider audience we’ve been seeking a partner who really understands our market and is committed to investing in growth. With PSI, we’ve found that.”
He added, “This is a great opportunity for our employees and clients alike as our businesses complement each other perfectly across market offerings and geographic footprint. With shared values and similar culture, the Cubiks team is really looking forward to being part of the PSI family.”
CLC licensed law firm based in Surrey looking for a sale due to retirement. Owner happy to stay on in short term for smooth handover. Work types are Residential Conveyancing, Wills & Probate and some Commercial Property matters. Offers invited.
Small general practice for sale based in Hertfordshire specialising in Commercial & Residential Conveyancing and Private Client with a small amount of litigation. SRA regulated, limited company structure. Looking to either sell the company or alterna...
This long established and market leading company is the pre-eminent name in the UK for providing specialist productivity improvement across all business sectors and delivered globally. Its role is to help clients get more out of their businesses by r...
LEASEHOLD
|
10
|
|
Jul
|
Mobile phone supplier and recycler goes into administration | ADMINISTRATION
Mobile phone refurbishment company Redeem UK has gone into a...
|
09
|
|
Jul
|
John Lewis to close eight stores as COVID-19 accelerates shift to online | BUSINESS NEWS
Department store chain John Lewis has said that eight of its...
|
09
|
|
Jul
|
Chancellor cuts VAT on hospitality as part of £30 billion rescue plan | BUSINESS NEWS
Chancellor Rishi Sunak has announced a £30 billion pla...
Sign up to receive our acquisition alert emails to get your FREE guide
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources