Australia – Talent announces joint venture with RPO provider Coit Group

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By (Danny Romero)

Australia-based global technology & digital recruitment services company Talent announced today that it is establishing a joint venture with the Coit Group, a US-based RPO provider.

Talent will own 50% of its joint venture company with Coit Group. Talent states that the merger aims to deliver innovative recruitment solutions to Australia’s growing contingent tech and digital sector. The new entity will be branded ‘Talent’ and focus on building a business which offers tailored contract and permanent staffing solutions to clients. The company states that it will benefit from access to Coit’s existing networks and infrastructure.

“Our clients can now work with Talent across four continents, ensuring they have seamless access to a global pool of top-quality Tech and Digital professionals, wherever they choose to set up operations,” Richard Earl, Founder and Executive Chairman of Talent, said.

The joint venture is modelled on Talent’s UK and European operations, which combined the strength of Talent’s recruitment and candidate management processes and procedures, with the on-the-ground network of existing services providers. Coit will continue to operate its RPO business, which it plans to expand by leveraging Talent’s global presence and infrastructure.

Wyatt Hall, former Regional Vice President of Contracting at IT recruiter Modis, will lead the joint venture as President and has invested in the business. Talent’s existing North American Director of Business Development Tiarne Hawkins will work alongside Wyatt to help drive growth through the combined entity’s broad range of service offerings.

“We are poised to see a major shift in employment trends and the approach to contingent workforce management,” Earl said. “This joint venture will allow us to rapidly scale in this crucial market ensuring we meet our five-year growth targets ahead of schedule through the establishment of three regional hubs, one in San Francisco servicing the West Coast, one in the New York area to service the North East and a third hub in the Austin area to service the South West.

“Talent’s unique and innovative approach to recruitment will ensure that our clients have access to the same high levels of service in recruitment and candidate management that they receive from our RPO offering,” Joe Belluomini, Co-founder of Coit, said. “We’ve been following Talent’s international expansion for some time now, and were incredibly excited to be approached by Talent to help establish their first American joint-venture.”

Coit has operated for more than 15 years and services a number of large scale RPO contracts for leading Silicon Valley and broader US companies. It was founded by Belluomini and Tim Farrelly.

Talent was founded in Perth in 1995 by Richard Earl.

Source:: Staffing Industry Analysts Daily Newsfeed


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