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PwC Midlands welcomes new team members following People Force acquisition
PwC Midlands has welcomed 25 new team members to its Birmingham and Donington Court offices, following PwC UK’s acquisition of People Force.
The acquisition makes PwC one of the largest Ceridian implementation partners in Europe, the Middle East and Africa (EMEA) with a team of over 60 specialists in the UK. The firm will look to grow its team of specialists, building on its presence in the US and in Mauritius working together to deliver global projects.
The UK based People Force team supports clients through their transformational journey specialising in implementing Dayforce, Ceridian’s flagship cloud human capital management platform that provides human resources, payroll, benefits, workforce management and talent management functionality.
Matthew Hammond, PwC UK Midlands regional market leader & Birmingham senior partner, said: “We are thrilled to welcome members of the People Force team to our Birmingham and Donington Court offices. Businesses, in the UK and globally, are investing and moving to the cloud at pace.
“Accordingly, People Force’s market-leading technology expertise enables us to provide our clients with even greater human-led, tech-powered innovation solutions to help them drive efficiencies and cost savings, both in their HR processes and across the workforce as a whole. The team will bolster our expertise here in the region and across the UK.”
The acquisition of People Force is one the latest investments in the Midlands by PwC, which also saw the recruitment of 160 graduates in the region and the acquisition of Olive Horse in early 2022.
Tim Quan, global vice president, System Integrator Alliances at Ceridian, said: “The completed acquisition of People Force, one of Ceridian’s partners, further strengthens our longstanding relationship with PwC. Together, we look forward to delivering quantifiable value and world-class experiences to our shared customers through our industry-leading Dayforce platform.”
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Frasers Group acquires strategic stake in online electricals retailer AO
Shirebrook-based retail giant Frasers Group has acquired a strategic stake of 18.9% in online electricals retailer AO World Plc.
Frasers Group has purchased 109,400,000 issued shares at a price of 68p totalling an investment of £75m. The investment is said to be the culmination of productive talks over the last two years about establishing a strategic partnership.
Michael Murray, CEO of Frasers Group, said: “Frasers has long admired what John and the AO team have built, and we are delighted to have the opportunity to form a supportive, strategic partnership. AO is a fantastic business with a clear strategy which is leading the market in online-only electricals.
“Through this investment, Frasers will benefit from AO’s valuable know-how in electricals and two-man delivery, helping us to drive growth in our bulk equipment and homeware ranges. In turn, AO will have the opportunity to benefit from Frasers’ expertise and ecosystem.”
John Roberts, founder and CEO of AO, said: “This is great news for AO and a fantastic endorsement for our business. We are delighted to welcome Michael and the wider Frasers team into the AO family and look forward to realising the significant potential that we see for this partnership.
“As we continue to build on our strategy of pivoting to profitable growth, it will be hugely exciting to have a range of compelling strategic opportunities to explore together and we’re very much looking forward to working with Michael and his team.”