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Announced

Completed

Futuris completed the acquisition of TalentBeacon International.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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acquisition advisory

Single Bidder

India

Private

Cross Border

Friendly

Majority

consulting company

Acquisition

Completed

Diversified Financials

Synopsis

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Futuris, a human capital management company focused on the acquisition and operation of executive search, staffing and consulting companies, completed the acquisition of TalentBeacon International, a consulting and delivery organization for global talent acquisition, management and retention solutions. Financial terms were not disclosed. "The acquisition of TalentBeacon is an integral part of our plan for global expansion as we can now support clients with infrastructure and capabilities in India, APAC, South-Central America, China and Europe. TalentBeacon's central area of expertise is deep knowledge of how international talent acquisition can be leveraged to help companies achieve their growth targets, while providing highly consultative and collaborative insights into the opportunities and challenges of working in, and from, these locations. From their hub locations, the company also models, delivers, and optimizes world-class staffing solutions. IT staffing continues to be a key focus of Futuris' business and growth strategy moving forward," Kalyan Pathuri, Futuris President.

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