BOSTON–The Boston Group Private Limited announced that it has acquired People Prime Worldwide, a recruitment consultancy in India, the company said in a statement.
This acquisition empowers the Boston Group to strengthen its position in the software services industry globally, enabling them to deliver their resources to their clients and drive business growth.
Headquartered in Hyderabad, India and established in 2012, People Prime Worldwide is an IT Staffing and Recruitment company with over 3,000 placements annually to its credit. With rising number of corporations struggling to meet their hiring needs with quality resources are now looking to outsource resource fulfillment to companies such as People Prime Worldwide, the statement said.
This acquisition will expand The Boston Group IT staffing services platform to multiple customers globally and enhance its business growth. The Boston Group has been expanding its base across borders through mergers and acquisitions with foreign/regional players. According to a top company insider, more acquisitions are planned over the next few years, to further enhance its sales and revenues.
“We are excited to welcome People Prime Worldwide into The Boston Group family,” said Subu Kota, the Chairman of The Boston Group. “Both companies have always shared a desire to serve the recruitment industry to achieve their business goals, and being able to do this as a collective unit is a privilege and affords a huge opportunity to advance the industry. The timing has never been better for a unified team to address the staffing challenges head-on for our customers. This acquisition will lead to enhanced credibility for The Boston Group and the future looks greatly promising. The Boston Group will utilize the robust process, tools and procedures that has been built over the years by the People Prime Worldwide. With COVID-19, we all have realized that remote work seems to be new way of doing business. This gives us an opportunity to provide best in class associates to our customers across various locations such as India, Singapore, Malaysia and USA.”
“We are currently focused on global customers serving only domestic (India) opportunities. With this merger we will be able to leverage the presence of The Boston Group across India, Singapore, Malaysia and USA and expand our services to our customers in those regions and we are looking forward to joining The Boston Group team,” said Said Ravi Kumar Aleti, CEO of People Prime Worldwide.
The Boston group (TBG) started out with a core business of providing software consulting and IT services to Fortune 500 and mid-market clients. Since then, TBG has expanded its range of services to include IT outsourcing, e-Learning, and a series of vertical market solutions, including e-governance. TBG today has a presence in five countries and serves clients in a broad range of industries, including Health Care and Life Sciences, Banking and Financial, Manufacturing and Logistics and Retail. As a global service provider, TBG leverages resources to offer a variety of project delivery options for their clients, including onsite delivery, offsite delivery, offshore delivery, or a combination of these. Their offshore delivery model enables to utilize resources from India and Singapore, located in complementary time zones, to provide several important benefits to clients, including significant cost savings and continuity of service.