Exton, PA, USA / Neuchâtel, Switzerland, – July 29, 2019
People 2.0, a leading North America-based provider of technology-enabled workforce deployment solutions to the human capital management industry, today announced a significant expansion of its global service capabilities after merging with Capital GES, a Switzerland-based international employment specialist.
Capital GES is a market-leading provider of employer of record (EOR)/international PEO and agent of record (AOR) services in 30 countries across Europe, Latin America, Asia and Africa. For over 25 years, Capital GES has provided a wide range of tailor-made employment services for global staffing companies, employment intermediaries, and independent contractors. The company has major regional hubs in Switzerland and Brazil, with additional offices in the U.S. and Ireland.
People 2.0’s comprehensive workforce deployment and outsourced back-office solutions enable employment intermediaries to expand their market reach and lower their operating costs, while ensuring regulatory compliance. The combination of the two companies will create the global market leader in workforce deployment solutions serving more than 2,000 clients and managing over 20,000 workers across five continents.
People 2.0’s co-CEOs, Charles Miller and Erik Vonk, commented: “The merger with Capital GES accomplishes a key strategic priority for People 2.0 by providing our valued clients with the ability to deploy workers globally through our platform. Capital GES’ deep expertise in complex labour laws in international markets, coupled with its longstanding global client base, allows People 2.0 to realise its vision to become the leading independent global workforce deployment platform.”
Brian Walters, CEO of Capital GES, added: “Given its scalable infrastructure and market-leading position in North America, we feel People 2.0 is the perfect partner to enable Capital GES to enhance its service offering to our clients and expand into new markets. More importantly, both companies share a very similar culture and vision: to provide talent acquisition managers and workforce deployment specialists with end-to-end global solutions while maintaining consistently high levels of service and compliance.”
The transaction is the first since People 2.0 partnered with CIP Capital, a New York-based private equity firm focused on investing across the business information and tech-enabled sectors, earlier this year, and follows three successful acquisitions in the U.S. and Canada over the past three years.
About People 2.0
As a leading provider of back-office solutions for human capital management organizations, People 2.0’s employer of record (EOR), agent of record (AOR) and statement of work (SOW) services allow human capital service companies to focus on what they do best: offering great client service and placing top talent. Founded in 2001 and headquartered in Exton, PA, People 2.0 provides clients with the ability to deploy workers anywhere in the US, Canada and globally. For more information please visit: www.people20.com
About Capital GES
Based in regional hubs in Switzerland and Brazil, Capital GES was founded in 1990 and has built its reputation on being the most responsive employment company in the market, with operations in 30 countries across Europe, Latin America, Asia and Africa. With staff recruited from a broad range of backgrounds and cultures, and detailed knowledge of local labour laws, Capital GES has developed a structured and methodical approach to serving clients globally. For more information please visit: www.capital-ges.com
For more information please contact:
Executive Vice President
Chief Revenue Officer
+41 32 732 9700