Bengaluru: CDI Corporation, the U.S. based engineering & staffing organization, has taken the India route through the acquisition of ScaleneWorks People Solutions LLP, the Bengaluru-based talent acquisition startup. However, the financial terms of the deal still remains undisclosed. Post this deal, Sanjay Shelvankar – the founder & CEO of ScaleneWorks will continue as the company’s CEO and will be additionally responsible for making joint ventures and M&As for CDI in India, China and GCC countries. Innovating new products into the RPO space will be another obligation for him.
Speaking about the acquisition, Sanjay Shelvankar, CEO at ScaleneWorks says, “This transaction represents an opportunity to accelerate our already explosive growth. We wanted to align our capabilities with a global firm that could leverage our strengths not only in India but also across a new base of clients across the world and allow us to continue to expand rapidly in India with innovative recruitment and consultative services”.
“The acquisition of ScaleneWorks represents an important step in our plan to selectively expand our footprint to high growth markets and offer new and existing clients additional value-added services. Scalene already has demonstrated its RPO and analytic-based recruitment capabilities with a number of leading global companies. We are excited to welcome the ScaleneWorks team and clients to the CDI family,” cites David Arkless, Executive VP and President of CDI International.
Headquartered in Philadelphia, CDI Corporation is the leader in providing engineering and IT solutions and recruiting professional staff. The company’s operating units include CDI Engineering Solutions, CDI IT Solutions, CDI AndersElite Limited, and Management Recruiters International, Inc. It has offices throughout North America and has strategic partnerships in Mexico and Kuwait. The CDI Engineering Solutions unit proffers engineering outsourcing, project management and other professional services to over 1000 companies in aerospace, life sciences, government services and other industrial sectors throughout the globe.
Founded in 2010 by Sanjay, ScaleneWorks offers technology-based solutions in the field of workforce planning, selection criteria, screening techniques, video-based interview platform, post offer follow-ups and exit management strategies to IT, ITES and a number of global blue chip and fast emerging Indian companies. It has worked with over 80 customers and grown its headcount to 900 employees spread across Bangalore, Chennai and Noida.