On August 17, 2021, PRO Unlimited, a leading vendor neutral Managed Service Provider (MSP) / Contingent Workforce Management (CWM) solutions provider, acquired Workforce Logiq, another leading vendor neutral MSP/CWM solutions provider. This acquisition makes good sense given their synergies – both vendor neutral providers leverage an integrated, platform-driven MSP/CWM approach with solutions spanning the entire contingent spectrum. It also comes at an important time for the industry, as the MSP/CWM market is changing significantly, triggered by the pandemic.
With this acquisition, PRO Unlimited has taken a big step to becoming one of the strongest providers in the industry, with end-to-end integrated platform-driven capabilities. We believe that this acquisition has the potential to disrupt the contingent workforce management space, with implications for all major constituents in the market – competitors, enterprises, and, of course, these two companies. In this report, we explore the acquisition objectives, analyze the key drivers and rationale behind it, and discuss the major implications and considerations for all market stakeholders.
