Tack TMI acquire Tack TMI Malaysia
FOR IMMEDIATE RELEASE
Tack TMI, (November 15, 2022) – Tack TMI further enhances its direct global presence through the acquisition of licensee, Tack TMI Malaysia
We are delighted to announce that Tack TMI, the learning and development division of Gi Group Holding, has acquired “TMI Consultancy Sdn. Bhd.”, formally an externally owned licensee of Tack TMI and doing business in Malaysia as “Tack TMI Malaysia”.
This acquisition will further reinforce Tack TMI’s direct global presence and will create a local office in Southeast Asia for the first time in its more than 100-year combined history.
Tack TMI Malaysia has been prominent in the Malaysian market for over 17 years, and is highly regarded for its impactful learning and development solutions, and a high profile and dedicated Team living the Tack TMI brand.
This acquisition will further strengthen Tack TMI Malaysia’s presence in the region. First, by becoming part of Gi Group Holding, one of the worlds leading multinational staffing companies, it enters a world-class HR ecosystem. Furthermore, by joining Tack TMI, it will benefit from additional sales and marketing support, as well as a focus to accelerate its digital offering. For regional clients, the acquisition will mean access to the global knowhow and implementation strength of Tack TMI.
Commenting on the acquisition, Jim O’Brien, CEO of Tack TMI said:
“As one of the major global L&D players and also part of Gi Group Holding, we continue to grow and invest in the Tack TMI business. The Asian L&D market is forecast to be larger than Europe in 2023 for the first time, so a physical regional hub will ensure we are at the forefront of this accelerated growth. The support from the Tack TMI Headquarters will allow Tack TMI Malaysia to introduce new services, benefit from the economy of scale, share best practices, and contribute to our mission to change lives around the world.”
George Aveling, the founding CEO of Tack TMI Malaysia said, “I am proud to be associated with the dynamic Gi Group Holding, and am extremely pleased that Tack TMI Malaysia will be left in good hands. We have built a reputation for quality and impact. The direct presence of Tack TMI Global, in Malaysia, through Gi Group Holding, will strengthen the ability of the Malaysian team to serve and add value to clients.”
Agnes Elizabeth, currently Chief Strategy Officer at Tack TMI Malaysia, will take over the leadership of the company on 1st January 2023.