Experis IT continues to grow in the HR technology market. It recently bought Ciber and has now announced the acquisition of Innovati, a Spanish company specialising in IT solutions.
Corporate finance analysis Experis It
Experis is a global leader in attracting, identifying, assessing, selecting, developing and managing professional talent, specialising in the areas of information and communications technology (ICT), engineering, finance, marketing and sales. The IT division of the international group ManpowerGroup, specialising in HR consulting.
Experis It's turnover in Spain has grown considerably in recent years, reaching a turnover in 2015 of more than €38M. In addition, the company has decided to pursue a policy of growth through acquisitions. Recently, we told you that Manpower had bought the Ciber unit in Spain to strengthen its division specialising in talent-based ICT services and solutions, and to boost the organic growth of its Experis IT brand. This growth policy is affecting its debt, which grew considerably in 2015.
About Innovati
Innovati is a Spanish company, specialised in IT solutions, which has more than 200 employees between Spain and Mexico. Innovati is characterised by the creation of technology tailored to the client's needs. Among the services they offer are software development, IT Outsourcing, R+D+I consultancy and R+D innovation projects.
Experis It buys Innovati
With this acquisition, Experis IT consolidates its growth and strengthens its position in the market for talent-based IT solutions.
The acquisition brings an established client portfolio and a range of services with more than a decade of experience and specialised talent.
With this acquisition, Experis IT has increased its professional staff by nearly 350 people, who work both in-house and on projects for clients. In addition, Experis IT increases its offer of customised technological solutions, R&D&I projects and technological outsourcing services. Following the acquisition, Innovati's services and solutions will be integrated directly under the Experis IT brand.
It is not known how much money Experis IT has paid for Innovati. What is known is that the Spanish company's solutions and services will be directly integrated into the Experis IT brand.
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