January 4, 2007
Runzheimer International of Rochester, Wisconsin has acquired The Solutions Group (TSG), a Cleveland, Ohio based firm that specializes in corporate relocation audits, surveying and policy consulting. Terms of the agreement were undisclosed.
"Both of our firms have a great tradition of serving our clients with the highest degree of accuracy, fairness and impartiality. We are extremely excited about this transaction and look forward to merging the talent and product offerings of these two industry-leading firms into one unified solution set," said Greg Harper, Runzheimer International’s President. "Our clients will benefit greatly from the enhanced services we will now be able to offer under one umbrella."
It was also announced that Renita Charrlin, formerly the Managing Partner of TSG will now hold the position of Vice President, Global Mobility Services at Runzheimer International. Mike Daugherty, also a former Managing Partner, will now hold the position of Director – Audit Services with Runzheimer International. The operations previously of TSG will remain based in Cleveland and will become a satellite office of Runzheimer International.
"Joining our services and visions under Runzheimer’s Global Mobility Services business unit allows us to provide a single, integrated source for standardized, credible reporting of critical data. Collectively, we remain focused on improving our clients’ ability to manage the financial risk associated with global relocation," said Renita Charrlin. "We are excited about the opportunities ahead of us."
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About Runzheimer International
Founded in 1933, Runzheimer International serves 60 percent of the Fortune 500. Recognized for providing innovative solutions relating to total employee mobility, Runzheimer is the global leader in business vehicle reimbursement programs, travel management consulting, employee relocation and compensation, virtual offices, and corporate aircraft.
About The Solutions Group (TSG)
The Solutions Group is the industry leader in relocation compliance auditing as well as customized, web-based transferee surveys. As specialty talent auditors and consultants, they provide clients with the information and management tools to ensure end to end financial and service results are in compliance with authorized relocation policies, supplier contracts and service level expectations.
For more information, contact Julia Baldus at Runzheimer International, Runzheimer Park, Rochester, Wisconsin 53167, (262) 971-2442, jpb@runzheimer.com, www.runzheimer.com.
