Rethink Group acquires Digital Gurus
Rethink Group has acquired digital recruitment agency, Digital Gurus.
Rethink Group says the acquisition will see Digital Gurus benefit from its talent management proposition. According to the company, this will enable it to become the first in the digital sector to offer a full range of talent acquisition and management services.
Rethink Group state that the deal will take its projected 2016 turnover to £140m and grow its global workforce to more than 200 client-facing consultants across ten global offices managing over 1000 clients.
Digital Gurus’ brand presence in London, Dubai and Sydney will be retained. The company claims that there are also plans in place to expand the Digital Gurus offering around other UK cities including Manchester, Birmingham and Bristol.
Rethink Group’s CEO, Steve Wright, commented, “The convergence of traditional IT and the explosion of digital technology means that UK corporates must start planning to address the new digital skills demands that are forecast over the next 4-5 years. A recent study released by O2 predicts 766,000 new digital jobs will be created in the UK by 2020.
“We have a great track record delivering business and technology staff to our clients in the UK and internationally. By bringing Digital Gurus in to the Group we can now expand on that, providing our existing clients with the full range of digital and analytic skills as well as positioning our growing talent management capabilities to Digital Gurus’ client base.”
Farooq Mohammed, founder at Digital Gurus, added, “For the past eight years we’ve gone from strength to strength in the digital recruitment sector, but this deal elevates our potential. I’m particularly excited about the prospects for us collectively in offering the most leading edge talent management services to the digital sector, a crucial USP in a competitive skills market.
“Ultimately it is a partnership which will bolster all our skills and will keep us all well ahead of the curve in advising our clients on the commercial digital revolution.”
Wright concluded, “This acquisition enables us to extend and future-proof our approach to talent management, which will be of increasing importance as corporates wrestle with current and future skills demand.”