We are very pleased to announce today that Talent is establishing a pioneering joint venture with the Coit Group, a leading U.S. based Recruitment Process Outsourcing (RPO) provider,to deliver innovative recruitment solutions to the country’s burgeoning contingent tech and digital sector.
San Francisco headquartered Coit has operated for more than 15 years and services a number of large scale RPO contracts for leading Silicon Valley and broader US companies.
The new entity will be branded Talent and focus on building a business which offers tailored contract and permanent staffing solutions to clients. Talent will benefit from access to Coit’s existing networks and infrastructure, including 32 staff and a state of the art premises in downtown San Francisco.
The joint venture is modelled on Talent’s highly successful UK and European operations, which combined the strength of Talent’s recruitment and candidate management processes and procedures, with the on-the-ground network of an existing services providers.
Coit will continue to operate its RPO business which it plans to expand by leveraging Talent’s global presence and infrastructure.
Wyatt Hall, former Regional Vice President of Contracting at IT recruiter Modis, will head up the joint venture as President, and has invested in the business. Talent’s existing North American Director of Business Development Tiarne Hawkins will work alongside Wyatt to help drive growth through the combined entity’s broad range of service offerings.
Richard Earl, Founder and Executive Chairman of Talent, who is Chairman of the joint-venture, commented that the deal expanded Talent’s ability to provide a truly global service offering to clients:
“Our clients can now work with Talent across four continents, ensuring they have seamless access to a global pool of top-quality Tech and Digital professionals, wherever they choose to set up operations,” said Mr Earl.
“We are poised to see a major shift in employment trends and the approach to contingent workforce management. This joint-venture will allow us to rapidly scale in this crucial market ensuring we meet our five-year growth targets ahead of schedule through the establishment of three regional hubs, one in San Francisco servicing the West Coast, one in the New York area to service the North East and a third hub in the Austin area to service the South West.
“There is no better joint venture partner for Talent than Coit. Joe and Tim have built a tremendous business over the past fifteen years, one which mirrors Talent’s culture of client service, innovation and reputation for excellence.”
Coit co-founders Joe Belluomini and Tim Farrelly commented that the group were looking forward to drawing on Talent’s expertise to provide a broader service offering to clients:
“Talent’s unique and innovative approach to recruitment, including the world-first Talent Engage platform, will ensure that our clients have access to the same high levels of service in recruitment and candidate management that they receive from our RPO offering,” said Mr Belluomini.
“We’ve been following Talent’s international expansion for some time now, and were incredibly excited to be approached by Talent to help establish their first American joint-venture.”
Click here to read the full coverage in the Australian Financial Review.