Thu, 08 Jun 2023 | BUSINESS SALE
Gibbs Hybrid, a UK-based IT and business services firm, has been acquired by Atrium, a workforce management and talent solutions business headquartered in New York. The acquisition adds a London base to Atrium’s global footprint, expanding its presence beyond the US and Canada.
Gibbs Hybrid, Europe’s largest certified minority woman-owned business, has developed a mix model offering technology, business and operations strategic resourcing and consultancy solutions. This integrated approach enables clients to receive multiple services from a single preferred partner, using a flexible model based upon their requirements.
Atrium founder and CEO Rebecca Cenni-Leventhal said that the firm was “committed to continuing to expand our international delivery capabilities and the innovative, next-generation talent and workforce management solution offerings that we’ve come to be known for.”
She added that Gibbs Hybrid’s long track record, “shared passion for exquisite customer service, and alignment in core company values made it a natural fit for Atrium.”
Gibbs Hybrid CEO Farida Gibson said that the companies shared “strong corresponding values”, adding that the acquisition would enable the firm to “continue to help our customers build inclusive teams that drive success, guidance, and mentorship, and more importantly, become role models for our industry.”
The acquisition of Gibbs Hybrid by Atrium comes amid a period of intense dealmaking involving US firms acquiring UK businesses. Read about what is driving this influx of US buyers.
Read about incorporating ESG into your M&A strategy.
This UK-based EDI service provider offers industry-leading software and services, making it an ideal acquisition for companies looking to enhance their position in the FMCG market.
This business is a prominent player in the realm of RFID, asset tracking, and IoT software development, known for its consistently profitable performance and expanding gross profit margins.
This is a fantastic opportunity to acquire a technologically advanced firm with offices in Moray and Renfrewshire, offering flexibility in its sale arrangement.
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