People 2.0 Continues Strategic Expansion of Global, Workforce-Deployment Platform
Solidifies position as industry leader with three international acquisitions and the creation of global, executive team
EXTON, Penn., April 28, 2020 | People 2.0, the leading provider of employer of record (EOR) and agent of record solutions (AOR) to talent acquisition organizations, proudly announces the completion of three international acquisitions and the establishment of a new, global executive team to lead the firm. These investments will expand the company’s delivery capabilities to 40 countries and further enhance its value proposition to clients around the world.
Recent acquisitions include: WePayPeople, founded in 2007 in Amsterdam, serves clients across the Netherlands. TCP Solutions, founded in 1994 with offices in London, Berlin and Antwerp, serves clients in the UK, Germany, Belgium, Ireland, Denmark, Sweden, Norway and Finland. Entity Solutions Group, founded in 1999 and based in Melbourne, maintains operations in Australia, New Zealand, Malaysia, Singapore and Hong Kong. In addition to the increased overall scale, the first two acquisitions bolster the company’s existing European operations, building on the momentum gained from People 2.0’s merger with Capital GES in July 2019. The third establishes a strong base for the company in the Asia-Pacific region.
“It is extremely gratifying to see how our company continues to develop positive momentum around the world,” said Erik Vonk, People 2.0’s co-CEO. “By giving talent acquisition organizations (companies that connect jobs with people or link people to jobs or contracts) direct access to on-demand employment or contract options for any worker, we empower them to not only source, but also deploy workers for their clients, anytime, anywhere in the world with greater flexibility and mobility.”
Each of the acquired companies has built a strong brand in their respective regions, earned through their local market expertise and reputations for superior, technology-enabled service. Aligned with People 2.0’s approach to global expansion, these businesses will be integrated into People 2.0’s existing operations, leveraging the talent, technology, and processes to create a single-branded, workforce-deployment platform for market makers in talent around the globe.
Chuck Miller, People 2.0’s co-CEO, added, “While we remain vigilant in our defenses against any adverse impacts of the COVID-19 pandemic, our focus is on the forward thrust of our company. To ensure continued operational excellence and unparalleled customer service at the local level while driving profitable growth around the world, People 2.0 has implemented a new, global organizational structure. Our newly appointed executive leadership will further accelerate our mission to have every talent acquisition organization around the globe proudly display the ‘People2.0 Inside’ moniker.”
The new People 2.0 global leadership team includes:
Steve Schaus, President: Steve joined People 2.0 in 2018 as part of the acquisition of Toronto-based Contingent Workforce Solutions and previously served as the company’s Executive Vice President of Operations.
Todd King, Global CFO: Todd joined People 2.0 in February 2020 and has almost 30 years of international accounting, financial management and integration experience. Todd has over 12 years of experience in the human capital management industry and previously served as the CFO of North America for the Adecco Group.
John Williams, Global CRO: John joined People 2.0 in March 2020 and is a seasoned sales executive who most recently served as SVP of Global Sales at ManpowerGroup, setting the sales strategy and leading the global sales organization for one of the world’s largest providers of human capital management and contingent workforce solutions.
Matthew Levine, Global COO: Matthew joined People 2.0 in February 2020 and brings highly relevant international expertise to guide the company’s expanding global operations. Matthew has spent most of his career in the human capital industry in both entrepreneurial and larger enterprise environments and recently served as the COO for Workforce Logiq.
Kathleen McCarthy, Global Chief Legal Officer: Following an extensive career in corporate, international and employment law, Kathleen joined People 2.0 in 2019 after previously serving as Senior Vice President and Legal Counsel for both private and publicly held companies.
People 2.0 has closed six acquisitions in two years—four since announcing a partnership with CIP Capital in April 2019. Bobby Kelly, Partner at CIP Capital, concluded, “The strong partnership with Erik, Chuck, and the People 2.0 team has allowed CIP Capital to commit the necessary resources for People 2.0 to capitalize on the market opportunities to drive value for talent acquisition organizations around the world. People 2.0’s scalable solutions offer tangible benefits, and we remain committed to supporting the company’s further expansion.”
About People 2.0
Founded in 2001, People 2.0 is the leading independent, global, workforce-deployment platform for market makers in talent. The company provides employer of record (EOR) and agent of record (AOR) solutions to all talent acquisition organizations, including staffing companies, search and recruiting firms, managed service providers (MSP), vendor management systems (VMS), recruitment process outsourcers (RPO), freelancer management systems (FMS), online platforms, consulting firms, contracting solutions firms and compliance services companies. People 2.0 extends the value proposition of all talent acquisition organizations to include global work arrangements and deployment options across the Americas, Europe and the Middle East and Asia-Pacific.
For more information please visit: www.people20.com
Ronnie Kihlstadius, Vice President of Marketing, People 2.0