People 2.0 Acquires Leading US Workforce Management Provider TalentWave
Summary
For over 20 years, TalentWave has provided EOR and AOR options to talent procurement services that specialize in high volume sourcing and recruiting of workers for large enterprises in the US. “This is a merger of strengths, manifested by a shared vision for creating a leading, differentiated, global workforce-deployment platform,” said Erik Vonk, Executive Chairman of People 2.0. Likewise, TalentWave’s leading position and deep partner network across US-based high-volume employment and contract work intermediaries further fortifies People 2.0’s transformative development as the preeminent global enabler of workforce mobility.” “People 2.0 is the only pure play EOR and AOR provider with global operations, making them the go-to provider for employment and contract work intermediaries seeking a one-stop workforce deployment source across geographies,” said Teresa Creech, CEO of TalentWave. Particularly exciting is that TalentWave’s entire leadership team and I are assuming key roles in the combined entity, which not only provides continuity in the relationships with our clients, but also enables us to guide them personally in accessing People 2.0’s global resources.” People 2.0 is a portfolio company of TPG Growth, the middle market and growth equity investment platform of global alternative asset firm TPG, which has a long history of partnering with leading business services and digital solutions providers in the talent, recruitment, and HR space. For more information, please visit www.people20.com TalentWave is the leading provider of EOR, AOR, and workforce compliance services to high volume talent sourcing and recruiting firms in the U.S.