Capital GES acquired by People 2.0

Pennsylvania-based People 2.0 has merged with Swiss-based Capital GES to create a global leader in workforce deployment solutions.

People 2.0 expands globally with Capital GES merger

People 2.0, a leading provider of technology-enabled workforce deployment solutions across North America, has announced a major step in its global expansion by merging with Capital GES, a Switzerland-based international employment specialist. This merger marks a significant milestone for both companies, establishing the combined entity as a global leader in human capital management solutions.

M&A rationale: Combining two leaders in EOR and AOR services

For over 25 years, Capital GES has been a trusted name in international employment, offering employer of record (EOR), international PEO (Professional Employer Organization), and agent of record (AOR) services. Capital GES operates across 30 countries, including key regions in Europe, Latin America, Asia, and Africa, serving global staffing companies, independent contractors, and employment intermediaries. The company has strong regional hubs in Switzerland and Brazil, with additional offices in the United States and Ireland.

By merging with Capital GES, People 2.0 gains access to an even broader geographic footprint, helping its clients seamlessly deploy talent across multiple continents while maintaining regulatory compliance.

The vision for global workforce deployment

People 2.0 is known for its comprehensive workforce deployment and outsourced back-office solutions that help employment intermediaries expand their global reach, streamline operations, and lower costs.

With the merger, People 2.0 will serve more than 2,000 clients, managing over 20,000 workers across five continents. The combination of their expertise and resources positions People 2.0 as a premier global workforce deployment platform.

People 2.0 co-CEOs Charles Miller and Erik Vonk said: "The merger with Capital GES accomplishes a key strategic priority for People 2.0 by providing our valued clients with the ability to deploy workers globally through our platform.

"Capital GES’ deep expertise in complex labor laws in international markets, coupled with its longstanding global client base, allows People 2.0 to realize its vision to become the leading independent global workforce deployment platform."

This merger is a natural fit for both companies, given their shared commitment to providing end-to-end workforce solutions while maintaining the highest standards of service and compliance.

Capital GES CEO Brian Walters added:
"Given its scalable infrastructure and market-leading position in North America, we feel People 2.0 is the perfect partner to enable Capital GES to enhance its service offering to our clients and expand into new markets.

More importantly, both companies share a very similar culture and vision: to provide talent acquisition managers and workforce deployment specialists with end-to-end global solutions while maintaining consistently high levels of service and compliance."

A milestone moment in HR capital management M&A

This merger marks People 2.0’s first transaction since partnering with CIP Capital, a New York-based private equity firm, earlier in the year. It follows a series of successful acquisitions in the U.S. and Canada, further solidifying People 2.0's market-leading position in North America and beyond.

People 2.0 scale-up continues

The acquisition of Capital GES is one of seven M&A plays to date (2024) as the management and investors continue their buy and build strategy.

In 2021, private equity investor TPG acquired a majority stake in People 2.0 from CIP Capital for an undisclosed sum.

These are Wepaypeople (Netherlands), TCP Solutions (UK), Capital GES (Switzerland), Talentwave (US), BOTH (UAE), Brookson (UK), Husys (UK).

Mark Sapsford advised the shareholders of Capital GES on the M&A transaction.

Client feedback

"Mark is conscientious, straightforward, honest, empathetic, and patient.

Having worked with him on two complex multinational M&A deals I have come to respect him for his knowledge and experience, and also for his measured but firm approach to negotiations."

Brian Walters CEO

Capital GES

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