Matchtech Group announced on Thursday the completion of its acquisition of privately held Application Services which trades under the name; Provanis.
Through the acquisition of Provanis, Matchtech Group will gain a dynamic team with a deep understanding and knowledge of the Oracle Applications market place, enhancing the portfolio of Matchtech Group. And, for Provanis, this welcomed acquisition has provided a chance to enhance current capabilities and expand their reach into the Oracle Applications sector.
Both Provanis and Matchtech Group have distinguished themselves in their retrospective markets by creating and maintaining a landscape that encourages openness and trust with customers.
“The acquisition of Provanis is an important step forward in the growth strategy for our technology business, Connectus. We are excited by the opportunities it creates to broaden our capability within the global ERP recruitment market, to enhance Provanis’ existing client relationships through the proven permanent recruitment capability of Connectus.
This transaction fits well with our stated acquisition criteria – namely small recruitment businesses that complement our existing activities in specialist engineering, technology and professional services staffing”
Adrian Gunn, Chief Executive Officer, Matchtech Group plc
Business as Usual
Provanis will continue to specialise within Oracle Applications, remaining the go-to recruitment company for Oracle customers and independent Oracle specialists.
This exciting move forward means Provanis now have the support, backing and additional expertise gained by becoming part of Matchtech Group, combining their world class services and resources. Providing exceptional end to end recruitment services across a number of niche sectors.
“With the other members of the management team remaining in place I believe this is the perfect springboard for Provanis to continue to grow whilst remaining focused on its quality offering within its niche.”
“This feels like a natural fit for Provanis. Both companies share common ground, their ethical approach to business and collaborative company culture.” Neale Provan, Co-Founding Partner
Neale Provan, former Provanis Chief Executive Officer, who has led Provanis for the last seventeen years, will now be retiring from his post at the helm of Provanis and move on to pursue other interests outside the Oracle market place.
The remaining Provanis team will continue to fill permanent and contract positions on Oracle Applications projects with handpicked experts, working closely with their network. All existing clients will have the same point of contact moving forward.
“We are eager to start this new chapter with Matchtech Group. We will continue to develop existing relationships and take pride in delivering a superior level of service - which has been our trademark for the last 17 years. But in addition we now have a great opportunity to develop our offering and benefit from the backing of a large corporation.” Alex Schembri, Head of Global Consulting Services, Provanis
About Matchtech Group
Matchtech Group has over 29 years’ experience providing niche recruitment services to the engineering, technology, professional staffing and the skills & employability markets. The Group is recognised as a leading specialist recruitment agency providing contract, temporary and permanent staff.
Established in 1984 and AIM-listed in 2006, Matchtech Group had a turnover of £371 million in 2011/12.
The Group now consists of five brands; Matchtech, Connectus, Barclay Meade, Alderwood and now Provanis. Each brand specialises in a particular niche market.
Connectus is a technology recruitment consultancy supplying the UK and international markets. With 15 recruitment teams providing contract and permanent staffing solutions focusing on specific aspects of IT, ICT, electronics and automation.
Paul Parnis and Neale Provan founded Provanis in 1997 to provide professional services to Oracle Applications projects across the globe. Focusing solely on the staffing of Oracle Applications projects, they provide unparalleled experience and understanding of the consultants in this sector.
Provanis are repeatedly trusted by their clients to match their portfolio of Oracle Application experts to client’s staffing needs. With extensive knowledge of the Oracle market, Provanis has earned an enviable reputation as market leaders in the industry.
Find out more about Provanis at Provanis.com.