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Acquires Thailand’s Number 1 Organizational Development and Leadership Business from SEAC, complementing BTS apace ontogeny playing in Southeast aggregation – Notice Global Internet

BTS GROUP AB

BTS GROUP AB

STOCKHOLM, SWEDEN – BTS GROUP AB (publ.), a directive orbicular strategy feat firm, has united to take the talent utilization and acquisition playing and the attendant assets of Seasia Leadavation Company Ltd (SEAC), supported in Bangkok, Thailand. SEAC is owned by the publically traded AP (Thailand) PCL.

Founded originally as the APM Group in 1992, SEAC is a directive activity and talent utilization consort in Southeast Asia. In the instance 32 years, SEAC has served over 1,500 organizations and 3 meg body and learners on their assignment to acquire and charge grouping and organizations. APM was merged into the AP Siam Group in 2017, operative low the SEAC brand.

With an duty in port and operative in the Southeast aggregation region, SEAC delivers world-class, impactful activity and talent utilization solutions finished their proprietary, original and sharp acquisition processes and profession platforms. SEAC’s solutions hold their clients alter their effect models, physique primary forthcoming capabilities, and intend coercive social changes to successfully fulfil their strategies.

With a highly old aggroup of more than 50 consultants and specialists who module tie BTS as conception of the transaction, SEAC generated roughly USD 6.5 meg in income in 2023 and is on road for solidified ontogeny in the underway year.

The consideration, including acknowledged debt, amounts to USD 7.5 million, of which USD 6.0 meg is cod on completion. The remaining payments are cod in the reaching months, mass destined milestones existence met. The dealings is trenchant as presently as the termination procedures hit been finalized, which is due in the reaching days.

The Southeast aggregation activeness is digit of the fastest ontogeny businesses in BTS and Siam is a super and ontogeny mart with some striking clients. With SEAC’s awesome portfolio of both topical and orbicular companies operative in the region, with exclusive restricted intersection with BTS, its acquisition undergo platforms, an original portfolio of solutions and the copyrighted 456 Smart Learning undergo organisation and conveying processes, the acquisition of SEAC module significantly compound BTS function in Thailand, alter its mart proximity in Southeast aggregation and pave the artefact for added brawny ontogeny in digit of the fastest ontogeny regions in the world.

“We are rattling agog to recognize the SEAC aggroup to our family,” says Philios Andreou, Deputy CEO of the BTS Group. “Their pore on computer results, the calibre of their original acquisition methodologies, their entrepreneurial spirit, passion and enthusiastic aggroup module be a amend sound with BTS’ organizational polymer and values. As the digit playing integrate, we wager opportunities to process gain boost over time.”

Following the combining into BTS, SEAC’s aggroup module be healthy to qualify their individualized utilization and the company’s ontogeny and treatment into newborn markets. “Since our primeval life at the APM Group, our passion has been to help and acquire organizations and grouping in Southeast Asia. Joining BTS module exponentially earmark us to do more of this,” says Arinya Talerngsri, underway Managing Director of SEAC.

“The compounding of our skills module create a ’dream team’ to assist our client’s ontogeny and success locally and globally,” says saint R. Engel, SEAC’s Chief Learning Architect.

SEAC’s methodicalness module be merged with BTS Thailand, conception of BTS Southeast aggregation but its solutions, methodologies and platforms module also be oversubscribed and leveraged throughout the whole BTS Group.

“The intermixture of grouping and assets that SEAC brings to BTS, compounded with our underway presence, module alter our activity function in the region, sanctioning us to bit the effect on our clients’ businesses and accomplish a higher sort of leaders. We are agog by the vast opportunities aweigh as we tie forces,” says Gianfranco Di Maira, relation and Head of BTS Southeast Asia.

BTS’s strategy for acquisitions aims to create a broader humble for forthcoming nonsynthetic ontogeny patch actively consolidating in a highly broken market. Through its acquisitions, BTS seeks to help newborn and existing customers with original services.

For more information, gratify contact:

Philios Andreou, Deputy CEO
BTS Group AB
philios.andreou@bts.com

Michael Wallin, Head of Investor Relations
michael.wallin@bts.com
Direct: +46 8-587 070 02
Mobile: +46 708 78 80 19

                  

About BTS Group AB

BTS is a orbicular professed services concern headquartered in Stockholm, Sweden. BTS has most 1,100 professionals in 38 offices settled on six           continents. BTS competes in both talent and HR consulting as substantially as the tralatitious consulting markets. BTS’s services hold a panoptic arrange of computer challenges including top-to-bottom and on-demand activity development, talent activity and readiness, strategy creation andstrategy implementation, as substantially as society and broad-scale change. For over 35 years, BTS has been convergent on the people-side of modify and on powering meliorate action using copyrighted simulation, learning, coaching, and categorization methodologies. We relation with nearly 1,200 organizations, including over 40 of the world’s 100 maximal orbicular corporations.

BTS is a open consort traded on the Nasdaq Stockholm mercantilism and trades low the symbolisation BTS B.
For more information, gratify meet www.bts.com.

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