Gi Group enters US market with acquisition of outplacement specialist
Gi Group has acquired the outplacement branch of California-based CareerArc, which offers digital career transition and career coaching services. Through its INTOO brand, Gi Group is already the number one in Italy and a top 5 player in the UK career transition sector.
CareerArc Outplacement offers career transition and career coaching services, delivered digitally to employees at every level thanks to a team of more than 100 career consultants specialising in different industries. It is well renowned for having developed innovative proprietary technology and for its vast commercial network that operates with businesses across the US.
Since 2019, it has been a partner of Career Star Group, an international career transition group, of which Gi Group is a founding member. Career Star Group has adopted the CareerArc platform as a global standard allowing it to support multinational businesses in more than 80 countries worldwide.
Stefano Colli-Lanzi, CEO of Gi Group said: “With the acquisition of CareerArc Outplacement, we are entering the United States for the first time. A key strategic market, and the largest in the world for the HR sector, this move further consolidates our role as a global player and supports our development plans as we aim to reach €6bn in turnover in 2023.
“We are investing in a career transition service because in the current situation, with unemployment increasing as a result of the effects of the pandemic, it is becoming even more important to support employees and organisations facing change. We will assist people who are currently without employment to find new solutions, helping them return to the world of work and supporting them to achieve career continuity.”