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PSI Services (PSI) acquires Cubiks Group Ltd

ID: 1553421
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(businesspress24) - London, UK –28 October – PSI Services (PSI), a global workforce solutions provider with over 70 years’ experience in assessment and talent management, today announced that it has acquired Cubiks Group Ltd (Cubiks), an international assessment and executive development business headquartered in Guildford, UK, with offices in 13 countries across Europe and Asia Pacific.

The acquisition consolidates PSI's position as the pre-eminent talent management provider and represents a considerable development in both the breadth of its product portfolio and its global footprint. Cubiks’ renowned screening, selection and development solutions are a valuable complement to PSI’s existing talent management portfolio and will strengthen PSI’s integrated talent solutions offer for both its own and Cubiks’ customers.

Steve Tapp, CEO at PSI said “This acquisition is all about investment and growth in the global talent management space. Our international presence has been growing strongly over the last 4 years and acquiring Cubiks gives us an enhanced presence around the world that will, at a stroke, dramatically extend our market reach and provide the platform for further expansion.”

Commenting on the agreement, PSI President, Peter Celeste said “We have always had such a high regard for the Cubiks brand in the marketplace, with its robust and scalable assessment and development solutions, such as its leading workplace personality tool PAPI. We’re excited to be bringing significant additional talent into the PSI family through the Cubiks international team, given that much of its reputational strength has been built on the company’s skills and expertise.”

“Cubiks has for 20 years been empowering people to achieve their potential through our market-leading talent assessment solutions. To take these solutions to a wider audience we’ve been seeking a partner who really understands our market and is committed to invest in growth. With PSI, we’ve found that. This is a great opportunity for our employees and clients alike as our businesses complement each other perfectly across market offerings and geographic footprint. With shared values and a similar culture, the Cubiks team is really looking forward to being part of the PSI family,” commented Martin Smith, CEO, Cubiks.




More information:
http://https://www.realwire.com/releases/PSI-Services-PSI-acquires-Cubiks-Group-Ltd



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Date: 10/28/2019 - 11:12
Language: English
News-ID 1553421
Character count: 2357
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