Country for PR: United States
Contributor: PR Newswire New York
Wednesday, December 16 2020 - 00:30
AsiaNet
Globalization Partners Announces Specialized Team to Support Global M&A Transactions
BOSTON, Dec. 16, 2020 /PRNewswire-AsiaNet/ --

-- Research says managing talent through a transition can make or break a deal; 
now buyers and sellers can shorten the transaction time and still protect their 
most valuable asset: people

Globalization Partners ( 
https://c212.net/c/link/?t=0&l=en&o=3012781-1&h=2913987235&u=https%3A%2F%2Fwww.globalization-partners.com%2F%3Futm_medium%3Dreferral%26utm_source%3Dpr-newswire%26utm_campaign%3D20q4_gbl_all_all_pr-techannouncement_rfpform_digital&a=Globalization+Partners 
), which enables companies to hire anyone, anywhere, quickly and easily, via 
its automated and fully-compliant global Employer of Record (EOR) platform, 
today announced the creation of a dedicated merger, acquisition, and carve-out 
specialty team. Led by Globalization Partners' Kevin Burke, Director, Private 
Equity and Venture Capital, it will focus on streamlining international 
business transactions by simplifying the process of onboarding newly acquired 
international team members.

Logo - https://mma.prnewswire.com/media/723356/Globalization_Partners_Logo.jpg

Many companies use M&A to enter new markets, acquire new talent, create and add 
value to their portfolios, and grow their customer base. But with the failure 
rate for these transactions sitting between 70 and 90 percent ( 
https://c212.net/c/link/?t=0&l=en&o=3012781-1&h=2333212024&u=https%3A%2F%2Flakeletcapital.com%2Freasons-why-mergers-acquisitions-fail-and-succeed%2F&a=70+and+90+percent 
), it's not always an easy process. A successful integration is often entirely 
dependent on having the target's team engaged, motivated, and strategically 
aligned with the acquirer's mission. With Globalization Partners, sellers can 
reduce dependence on transition service agreements (TSAs), and buyers can 
dramatically cut the time it takes to compliantly onboard global 
headcount--without having to set up an entity in the country where the human 
capital is located. This cuts the process from months--or in some cases, 
years--to as little as a few business days.

"Globalization Partners has advised and supported a number of our clients in 
M&A transactions and they have been a huge asset to us in strategically 
aligning and providing a tremendous amount of value to our clients' portfolio 
companies," said Joe Moran, Senior Partner and Business Development Manager, 
EBS ( 
https://c212.net/c/link/?t=0&l=en&o=3012781-1&h=2289041533&u=https%3A%2F%2Fwww.selectebs.com%2F&a=EBS 
). "The solution Globalization Partners provides to ease the process of 
onboarding newly-acquired international team members is transformative for 
companies. I have been fortunate to work with many members of the Globalization 
Partners team over the years and there is a consistent theme there: passionate, 
approachable, and effective." 

The new team helps companies support international transactions by enabling the 
ability to: 

    - Meet and reduce TSA timelines
       Globalization Partners ensures international employment offers are 
       finalized and ready to be presented prior to acquisition close, with 
       critical infrastructure such as payroll, benefits, etc. already in 
       place. The parent company is now empowered to hire globally in just days 
       versus months, with sellers able to transfer headcount and associated 
       expense and responsibility to the parent company almost instantly. 
    - Onboard employees without a local entity
       Companies can transfer headcount with no legal entity setup required. 
       Buyers can offer employment contracts in 187 countries and Globalization 
       Partners' HR experts handle the transaction. Globalization Partners also 
       provides country-by-country guidance on comparable benefits packages, 
       even for the smallest of teams. 
    - Retain human assets and ensure compliance
       Buyers can offer competitive benefits packages to retain talent and stay 
       compliant with local labor laws. Globalization Partners has the largest 
       team of in-house employment attorneys to recommend risk management 
       strategies around employment contracts--especially when dealing with 
       countries specific to TUPE (Transfer of Undertaking Protection of 
       Employment).

"Before, during, or after transaction close, Globalization Partners reduces the 
complexity of acquiring cross-border assets," said Kevin Burke, Director, 
Private Equity and Venture Capital," Globalization Partners. "We provide a 
roadmap for buyers and sellers followed by a solution that is already set up, 
via our Global Employer of Record platform. Our team manages international 
transactions across the board, enabling businesses to acquire or sell assets 
quickly, easily, and compliantly within multiple countries." 

Globalization Partners is the only Global Employer of Record (EOR) with an 
AI-driven technology platform ( 
https://c212.net/c/link/?t=0&l=en&o=3012781-1&h=3775522067&u=https%3A%2F%2Fwww.globalization-partners.com%2Fabout-us%2Fcompany-news%2Fglobalization-partners-completely-automates-global-expansion%2F&a=technology+platform 
) and an in-house global legal infrastructure, which ensures the quality and 
compliance it provides to customers. The combination is critical given that an 
EOR manages the intellectual property generated by employees and other complex 
cross-border matters for its customers. As an EOR, Globalization Partners 
serves as the legal employer-- handling payroll, taxes, and benefits, and 
ensuring compliance with local employment laws and regulations--freeing up 
companies to manage and direct the daily work of their team members.  

To learn more:  

    - Please visit: Globalization Partners: We Support Global M&A Transactions 
( 
https://c212.net/c/link/?t=0&l=en&o=3012781-1&h=2761361829&u=https%3A%2F%2Fwww.globalization-partners.com%2Fmergers-and-acquisitions-practice%2F&a=Globalization+Partners%3A+We+Support+Global+M%26A+Transactions 
) 
    - Download our comprehensive playbook: Mergers and Acquisitions Playbook ( 
https://c212.net/c/link/?t=0&l=en&o=3012781-1&h=4043749004&u=https%3A%2F%2Fwww.globalization-partners.com%2Fresources%2Febook-m-and-a-playbook%2F&a=Mergers+and+Acquisitions+Playbook 
)

About Globalization Partners 
 
Hire anyone, anywhere, quickly and easily. Use our AI-driven, automated, fully 
compliant global Employer of Record platform powered by our in-house, worldwide 
HR experts. Leave the complexities of global employment to the named industry 
leader that consistently attains 97% customer satisfaction ratings. With 
Globalization Partners, you can succeed faster. 

Globalization Partners: Breaking Down Barriers for Everyone, Everywhere  

To learn more, please visit: globalization-partners.com ( 
https://c212.net/c/link/?t=0&l=en&o=3012781-1&h=589871909&u=https%3A%2F%2Fwww.globalization-partners.com%2F%3Futm_medium%3Dreferral%26utm_source%3Dpr-newswire%26utm_campaign%3D20q4_gbl_all_all_pr-techannouncement_rfpform_digital&a=globalization-partners.com 
) or connect with us via Twitter ( 
https://c212.net/c/link/?t=0&l=en&o=3012781-1&h=1001884247&u=https%3A%2F%2Ftwitter.com%2FGlobalPeo%3Fref_src%3Dtwsrc%255Egoogle%257Ctwcamp%255Eserp%257Ctwgr%255Eauthor&a=Twitter 
), LinkedIn ( 
https://c212.net/c/link/?t=0&l=en&o=3012781-1&h=2041157636&u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fglobalization-partners%2F&a=LinkedIn 
), Facebook ( 
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), or check out our Blog ( 
https://c212.net/c/link/?t=0&l=en&o=3012781-1&h=610464838&u=https%3A%2F%2Fwww.globalization-partners.com%2Fblog%2F%3Futm_medium%3Dreferral%26utm_source%3Dpr-newswire%26utm_campaign%3D20q4_gbl_all_all_pr-techannouncement_rfpform_digital&a=Blog 
).

Contact:
Karen Pantinas
Kpantinas@globalization-partners.com 
617-729-4466

SOURCE Globalization Partners