Relo Group, Inc. and BGRS have announced that an affiliate of Relo Group will acquire BGRS from Brookfield Business Partners.
BGRS offers talent mobility and advisory services to Global Fortune 500 companies. Supported by a team of more than 1,300 globally, BGRS manages more than 60,000 employee relocations annually, with locations throughout Asia, the Americas and EMEA. In a statement, the Relo Group said BGRS CEO Traci Morris and the management team will remain in place and work with Relo Group to advance the company into its next phase.
‘BGRS has developed into a world-class talent mobility management firm by always putting the interests of our clients first, constantly innovating and searching for new opportunities to create value for all stakeholders, and implementing sustainable operating practices. We are excited to become part of Relo Group’s portfolio of companies to continue to build BGRS,’ said Morris. Relo Group, based in Tokyo, Japan, has more than 30 years’ experience of offering relocation services to support the global expansion of Japanese companies. It also offers comprehensive fringe-benefit programmes, ranging from housing to leisure and lifestyle improvement. BGRS is the fourth investment in North America for Relo Group and will expand its global network and service offerings.
‘BGRS represents a significant expansion of Relo Group’s global mobility management capabilities and is a significant strategic move towards achieving our vision of becoming a world-class relocation company,’ said Yasuji Shimizu, Director, Global Business Development. ‘This complementary transaction to combine our capabilities increases our collective global footprint and ability to provide leading relocation capabilities to clients around the world.’