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.
The global Contingent Workforce Management (CWM) market is experiencing rapid transformation, as buyers demand an increasing scope of services from service providers. In addition to employing traditional temporary labor, buyers are relying on third-p…