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Peoplebank Acquires iGate
Leading Australian owned and operated IT recruiter Peoplebank Australia, has acquired the Australian Personnel Services arm of NASDAQ listed iGate Inc. This includes their contracting and recruitment services in Canberra, Melbourne, Sydney and Brisbane. iGate Australia’s staff will merge into Peoplebank’s operations, resulting in a new branch in Canberra for national recruiter Peoplebank.
This is Peoplebank’s 4th acquisition in as many years. Leon Lau, Peoplebank’s Managing Director, said this acquisition is Peoplebank’s largest and is part of their continuing growth and expansion strategy. Peoplebank will ensure the smooth transition of staff, contractors and clients. Moving forward, the combined entity will have revenues in excess of $100M, 60 staff and over 800 billable contractors.
Peoplebank is in its 15th year of operations and has developed a strong foundation of national clients.
“Peoplebank has honed our recruitment services over the past 15 years to be one which I believe is unsurpassed in terms of client and candidate satisfaction.
“We pride ourselves on having Account Managers with high standard of ethics and professionalism. We value competency, integrity and relationships. These values are part of our culture and philosophy, and we look forward to extending these to our new contractors and clients alike” said Lau.