Experis acquires majority stake in IT consulting company
With this transaction, which is expected to close in late September, Experis further strengthens its capabilities across North America and complements the organic growth of the Experis business in Canada.
Veritaaq is one of the largest suppliers of IT consulting services to Canada's federal government and partner to leading telecommunications, financial services, and oil and gas organizations. Veritaaq currently operates in Ottawa, Toronto, Montreal, Vancouver and Calgary.
"This strategic partnership helps further accelerate our strategy of shifting our business mix towards higher value and professional solutions," said Jonas Prising, ManpowerGroup CEO.
He added, "Employers need the best IT professionals to keep pace with technological advances, and this acquisition allows us to bring even more IT talent to organizations so they can achieve their business objectives."
"Veritaaq has been looking for a partner to help us continue our growth strategy and build on our success," said Paul Genier, Veritaaq President. "I am delighted that we have found that partner in Experis, and this strategic initiative will provide tremendous benefits in dramatically increasing Veritaaq's breadth and scale of service offerings."