RPO provider Kenexa has acquired London-based Quorum International, an RPO provider RPO that has served multi-national corporations throughout Europe, the Middle East, and Africa for nearly 10 years. Terms of the deal were not disclosed.
“This acquisition broadens Kenexa’s global presence and strengthens our position as an industry leader for companies to turn to when they are looking to build the world’s greatest workforce one employee at a time,” said Kenexa CEO Rudy Karsan. “With teams already in place in Madrid, Paris, London, Munich, Dubai, Krakow, and Zurich, this acquisition enables Kenexa to provide continued local support and expanded services to our growing client base in these regions. Additionally, recruitment teams at client sites in Amsterdam, Hong Kong, Milan, Copenhagen, Stockholm, Frankfurt, Johannesburg, Warsaw, Tel Aviv, and Zagreb will seek to expedite the seamless transition for our customers.”
“We believe that the combination of Quorum and Kenexa brings together two great organizations and creates one of the strongest teams in the global recruitment market,” said Quorum CEO Paul Fairbank. “For Quorum, it was of primary importance that Kenexa shares our dedication to world-class service and customer satisfaction. We anticipate that the combining of our two companies will provide an enhanced value-creating partnership for the customers, employees, and shareholders of both companies.”
The move reflects a sense of urgency among U.S. RPO providers to either quickly establish overseas capabilities or partnerships abroad. As multinationals look to have one RPO vendor manage its talent acquisition efforts, most providers in the industry don’t currently have a global footprint, which is hampering the development of broader engagements.