Liberata, the business process services company, has announced it has acquired Renovo, one of the UK’s leading specialist providers of career transition support services.
Liberata specialises in strategic partnerships, managed services and service automation for the UK public and private sector. The acquisition of Renovo will complement Liberata’s existing set of HR, Payroll, and Finance & Accounting services, as well as creating new opportunities for both businesses moving forward.
Charlie Bruin, Chief Executive Officer, Liberata, commented: “Renovo has established itself as one of the main players in the UK market, so we are really pleased to welcome them to the Liberata family. Outplacement and career transition services is a growing sector, and in the current business climate organisations will need access to the suite of services that Renovo can offer. Renovo’s robust and flexible operating platform, and its diverse client base spanning the private, public and third-sector, makes it a great addition to the Group.”
As an industry innovator, Renovo has developed a unique delivery platform, combining highly personalised career coaching, group workshops, and career clinics with the latest in careers technology and wellbeing support. Renovo has an established client base that ranges from smaller businesses to blue chip companies, with 82 percent of service users supported in returning to work within 90 days.
Chris Parker, Managing Director, Renovo, said: “From the offset, Liberata has taken a keen interest in our business and the combined opportunities that an acquisition would present. We have been quick to see the very strong synergies between our businesses. For Renovo, there is the opportunity to accelerate our growth into the public sector and for Liberata, the opportunity to expand into the private sector. With Liberata’s backing, we will have the scale and support to become the UK’s leading specialist career transition provider and to grow our business internationally.”
David Twiddle, Founder and Owner, Renovo, said: “Today marks a significant milestone in Renovo’s history. After 11 years, now feels the right time for me to exit the business, as Chris and the team take the company forward as part of Liberata. I’m extremely proud of the work we have achieved, and the acquisition will ensure that Renovo is even better placed to challenge the status quo in the outplacement industry, and bring career-changing career support to many more people.”