SIRVA Worldwide Relocation & Moving acquires Team Relocations
by SIRVA Communications
CHICAGO, IL (August 2nd, 2018) — SIRVA, Inc, the leading global relocation and moving service provider, today announced that it has acquired Team Relocations, a relocation & move management company based in Amsterdam, with offices across Europe.
SIRVA, which has 55 office locations, 620 agent locations and more than 2,600 employees operating in 170 countries, will be more than doubling its European presence through the acquisition. The addition of Team Relocations will bring more than 320 employees and office locations in the Netherlands, United Kingdom, France, Belgium, Norway, Denmark, Luxembourg, Switzerland and Czech Republic, along with a service center location in Malaysia. Per the terms of the transaction, SIRVA will acquire Team Relocations’ household goods, move management, relocation destination, visa & immigration and related shared services.
“Team Relocations brings strength in Europe to complement our strong position in the Americas and Asia,” said Tom Oberdorf, Chief Executive Officer of SIRVA. “Expanding our global footprint to be where our clients want us to be and delivering a consistent, quality experience around the world are key pieces of our growth strategy.”
“This move immediately makes SIRVA the leader in Europe,” said Yogesh Mehta, Co-Founder and Chairman of the Board of Directors of Team Relocations. “Team Relocations clients will now have access to a broader, global support system and seamless service delivery. I am pleased to share this news with them because this is exactly what our clients have been asking for.”
Richard Post, currently Group Director at Team Relocations, will assume the role of Group Managing Director from Co-Founder Yogesh Mehta and lead the business moving forward.
About SIRVA Worldwide Relocation & Moving
SIRVA Worldwide Relocation and Moving is a global leader in moving and relocation services, offering solutions for mobility programs to companies of every size. With 58 locations in 177 countries, we offer unmatched global breadth supported by localized attention and innovative technology that strikes the right balance of self service and human support. From relocation and household goods to commercial moving and storage, our portfolio of Brands (SIRVA, Team Relocations, Allied, northAmerican, Allied Pickfords & SMARTBOX) provides the only integrated moving/relocation solution in the industry. By leveraging our global network, we deliver a superior experience that only a “one-stop shop” can provide.
Mike DeGraff/Melanie Hemmert
Sard Verbinnen & Co
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