Cork's Org Group acquires UK recruitment firm Venturi
Cork services firm the Org Group has acquired Manchester IT recruitment firm the Venturi Group.
Org is the holding company for Irish-owned recruitment firm Morgan McKinley, business process services company Abtran, and advisory firm Org. The group employs 3,000 people in ten countries. Most recent accounts for 2022 showed revenues of €350m, with the firm targeting growth to €1bn by 2030.
Financial details of the acquisition have not been disclosed. In a statement, the Org Group said the deal will specifically complement the capabilities of the Group's Org Advisory and Technology Services teams, specialising in the future of work through digital transformation, workforce technology enablement and organisational design for technology-driven change.
Venturi is headquartered in Manchester, with offices in New York, USA and Düsseldorf, Germany. Their clients include Red Kite, Bet 365 and Money Supermarket. The company reported turnover for the 12 months to the end of March of just under £11m (€13.1m).
Org Group CEO Seb O'Connell said Venturi has a leading presence in key technology sectors including technology consulting, fintech, and e-commerce with long established and high growth clients.
"This strategic combination of our companies will add further value and scale to our offering and capabilities. Through our investment in Venturi, we are expanding our market presence and opening new avenues for our clients to the essential human capital they rely upon to thrive and succeed in competitive industries around the world," he said.
Venturi's Managing Director Brad Lamb said: "Together, we are uniquely positioned to unlock new opportunities for talented people and industry-leading clients, creating market impact and value in key technology growth sectors."
The Org group advises clients, resourcing their operations and delivering managed solutions to complex issues. The Group has seen significant growth in the APAC and EMEA regions supported by growing delivery centres in India, Ireland and the Philippines, underpinned by new technology platforms.
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