Welcoming Workforce Logiq into the PRO Unlimited family brings together two like-minded teams, both passionate about and committed to reimagining and transforming how organizations find, engage, and retain the talent they need to grow.
We have watched Workforce Logiq in its own transformation and have been impressed with their development and delivery of innovative and powerful software and services that help clients make informed talent decisions faster, earlier, and more cost-effectively.
Like PRO, Workforce Logiq’s people, processes and Integrated Workforce Management (IWM) platform work together to provide a more optimal experience for clients around the globe looking to modernize mission-critical non-employee workforce programs, which have become a top four spend category in many organizations.
Now, together, we will have the scale and breadth of operations to serve clients virtually anywhere in the world, provide tremendous value from integrated technology solutions, and continue to rethink how companies achieve greater management, performance and financial control over their workforce and talent supply chains.
I’m thrilled to welcome Workforce Logiq’s clients and team members and to take this next step in accelerating our combined growth, global expansion, and IWM platform innovation. Our journey together has just begun.
Our journey continues.
When I joined Workforce Logiq, I saw three critical challenges that workforce management providers had to address.
First, incredible disruption in how we’ve all been doing business, which is making competing for and managing talent exponentially more complex.
Second, a clear client mandate for workforce management partners to step up—to do more to help organizations efficiently and cost-effectively win the talent they need to grow.
And third, much higher client expectations for how workforce management providers invest in and deliver more innovative solutions—especially in using advanced technologies to increase talent quality, retention, and program cost efficiency.
It is remarkable how relevant all three remain today. The stakes have never been higher.
And, it was based on these challenges that we defined Workforce Logiq’s mission: To reimagine and transform how clients, like you, win the talent they need to grow – now and into the future.
I have always thought a partner must prepare their clients for both current challenges, as well as those yet to come. Preparing our clients for the future has been at the heart of our investments and decision making over these past years; it’s what led us to our new relationship with PRO Unlimited.
I have been proud to lead the Workforce Logiq team and our clients to this point in our journey. I know you will all be in good hands now and into the future with CEO Kevin Akeroyd and the rest of the global team. Together, we will accelerate the ability to develop, deliver, and enhance our innovative solutions. That means clients should expect ongoing and consistent investment so that they continue to receive the expertise, innovation, and insight to transform how they achieve greater management, performance, and financial control over their workforce and talent supply chains.
Our journey these past years has been fascinating, culminating in being selected the #1 global MSP in HRO’s Baker’s Dozen satisfaction rankings – for two years in a row. We couldn’t have done it without your support and the trust you put in us every day in one of your most important assets: your people.
Thank you. Welcome to Workforce Logiq by PRO Unlimited.
Our journey continues!
We are pleased to announce that the acquisition of Workforce Logiq by PRO Unlimited to create a leading global workforce management solutions provider is officially completed.
We understand you may have questions with this news. Below are answers to some of the most likely questions.
Today we announced that, through an agreement between Workforce Logiq and global investment firm EQT Partners, PRO Unlimited has acquired Workforce Logiq from Carlyle to become one of the most-innovative global workforce contingent management solutions providers in the market.
As one company, PRO and Workforce Logiq will bring their complementary capabilities together to provide the scale and breadth of operations to serve our clients virtually anywhere in the world, provide tremendous value-add from our integrated technology solutions, and deliver differentiated solutions and insights to transform how our clients achieve greater management, performance, and financial control over their workforce and talent supply chains.
EQT is a purpose-driven global investment organization with more than EUR 67 billion in assets under management across 26 active funds. EQT funds have portfolio companies in Europe, Asia-Pacific and the Americas with total sales of approximately EUR 29 billion and more than 175,000 employees. EQT works with portfolio companies to achieve sustainable growth, operational excellence, and market leadership. The firm was founded in 1994 and is headquartered in Stockholm, Sweden. For more information on EQT, visit their website at www.eqtgroup.com.
EQT invests in companies across the world with a mission to help them accelerate their journey to become great and sustainable companies. By providing access to ownership skills and operational expertise, EQT can help acquired companies grow and prosper faster and more efficiently.
EQT targets high-quality companies with significant sustainable growth potential in attractive industries with secular growth drivers. That describes Workforce Logiq – and that describes the workforce management market in which we operate.
It is still too early to determine how the Workforce Logiq brand may be impacted by the company’s acquisition. The continued use of the Workforce Logiq brand will be determined during the companies’ integration process. In the meantime, the Workforce Logiq logo will now include a “by PRO Unlimited” qualifier as a visual reminder of the companies’ status and combination plans.
It’s business as usual for all our client, partner relationships, and projects.
The acquisition will have no impact on the day-to-day operations of Workforce Logiq and its service delivery to its clients and other stakeholders. For example, clients will continue to use the VMS of their choice and will not be expected to change their technology platform.
We will continue to keep clients and all other stakeholders informed of all updates as integration plans move forward. As we bring the best of our people, processes, and technology together, we expect to accelerate the ability to develop, deliver, and enhance our innovative solutions for the leading enterprise clients around the world
That means clients and other stakeholders should expect ongoing and consistent investment so that they continue to receive the expertise, innovation, and insight to transform how they achieve greater management, performance, and financial control over their workforce and talent supply chains.
PRO enables hundreds of the world’s largest and most innovative brands with modern workforce management solutions, a robust partner ecosystem, and the most holistic CWM platform in the industry, including services, data, software, intelligence, compliance, employer of record, and worker experience solutions to meet clients’ modern, global, contingent workforce needs. PRO has helped global brands and organizations achieve operational and financial success for more than 30 years. For recent news and more information on the company, visit www.prounlimited.com.
Together, we will have the scale and breadth of operations to serve our clients virtually anywhere in the world, provide a tremendous value-add from our innovative technology solutions, and guide our clients with an expanded team of expert advisors, data, and insights.
True ability to serve clients on a global basis: The combined company will operate in over 100 countries – and manage over $13 billion in Client spend globally. Importantly, as a larger entity, we’ll be more able to invest in expanded operations to support our growing global client base – and deliver our solutions where they are needed quickly and cost effectively.
A deeper bench of specialists and consultants who can deliver an even better service experience: In addition to our already sizable operations, 24 x 7 x 365 follow-the-sun services delivery model, and expert advisors, we will be able to invest in even more people, specializations, technologies, and geographies to serve our clients going forward.
More innovation & more innovative solutions: Both Workforce Logiq and PRO have already made intelligent technology investments. Together, we will have in-house, dedicated development and data science teams, and one of the largest data repositories providing predictive insights and unique benchmarks.
Going forward, with the combined software development, data science, and expert advisors of these two great companies, we’ll be well positioned to innovate on our clients’ behalf to anticipate and solve the workforce management challenges to come so that they continue to have greater management, performance, and financial control over their workforce and talent supply chains.
Kevin Akeroyd will remain as chief executive officer of PRO Unlimited and the combined company, now including Workforce Logiq.
The broader executive team will be identified as part of the integration planning process.
Together Workforce Logiq and PRO Unlimited have expanded global reach: