Recruitment specialists come together
A
TAC Europe product story
Edited by the Engineeringtalk editorial team
Sep 18, 2006
Technical recruitment specialist TAC Europe has acquired Technology Project Services from the SGS Group.
TAC Europe, a leading technical recruitment company which forms part of the multinational recruitment group Crystal, has announced the acquisition of Technology Project Services (TPS) from the SGS Group.
Founded in the UK in 1971, TPS operates within similar markets to TAC Europe delivering a range of recruitment services to clients including: contract recruitment, permanent recruitment, managed service programmes, task based contracts, workforce solutions and payrolling services.
TPS provide services to the aerospace, defence, electronics, IT, manufacturing, marine, pharmaceuticals, power, rail, telecommunications, transport and utilities sectors.
This is the fourth acquisition for TAC Europe in 9 months and the merger of the two organisations will create a recruitment business which is firmly placed in the UK top 20.
Simon Trippick, Managing Director of TAC Europe comments: "The recruitment industry is very competitive and fragmented".
"To remain viable, we believe recruitment companies need to achieve scale or become niche".
"This transaction is important for both companies as it will not only allow TAC Europe and TPS to better service our clients but will also make the combined company one of the five largest recruitment companies specialising in important market segments such as aerospace and defence".
"We are looking to build on this tremendous platform and will continue our expansion both domestically and internationally".
"Working together with our sister company, TAC Worldwide, our goal is to become the world's most successful supplier of technical staff".
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