ZeroChaos acquires Madeo Sourcing Group – a fast-growing Swedish “Gazelle company
ORLANDO, FL & Stockholm, Sweden, July 28th 2011 -- ZeroChaos, a global workforce solutions company headquartered in Orlando, Florida today announced the acquisition of Madeo Sourcing Group AB, one of the fastest-growing providers of consulting services procurement in the Nordics.
Madeo has recognized experience and expertise in consultant brokerage, outsourcing procurement, and recruitment outsourcing for the IT industry. Madeo’s sales have outstripped most competitors consistently over the last five years, with an average increase of more than 160% annually.
- Based in Stockholm, Sweden, Madeo continues ZeroChaos’ global expansion and growth initiatives by ZeroChoas in the last several years to enhance its service offerings and global strength and capabilities. Particularly in the Nordic and Eastern European markets, where Madeo already has a strong foothold, the skills and capabilities developed by Madeo will significantly strengthen our portfolio of services and market presence, says Harold Mills, CEO of ZeroChaos. This transaction makes ZeroChaos one of the largest professional services providers in Europe and worldwide.
- All Madeo employees will join ZeroChaos as of July 28th 2011, thereby strengthening its global presence and local delivery capability. I am proud to be able to work together with Harold Mills and join the ZeroChaos team. ZeroChaos is driven by the same entrepreneurialspirit as Madeo. We are a perfect fit for their organization. The merger gives us the infrastructure, the international backbone and financial strength for a continued and successful expansion in all of our markets, says Anders Gratte, CEO, founder and principal shareholder of Madeo.
About ZeroChaos
Headquartered in Orlando, Florida, ZeroChaos is a ground-breaking workforce management company. ZeroChaos helps visionary companies achieve greater management and financial control of their workforce and talent supply chains through innovative private-label solutions and full-disclosure pricing. ZeroChaos is one of the largest and fastest growing firms in the country. For more information on ZeroChaos, please visit www.zerochaos.com
About Madeo
Madeo is a rapidly growing provider of consulting services procurement. With 54 employees, operations in Sweden, Finland and Poland, and consolidated net sales of 110 million EURO (2010), Madeo works with a wide range of major national and international companies. The company has, due to its fast and financially sound growth been appointed to “Gazelle company” by the Swedish financial daily newspaper Dagens Industri. For more information, please visit www.madeogroup.com
For further information please contact:
Anders Gratte, CEO Madeo Sourcing Group AB
Phone: +46 (0) 8 664 80 00, mobile: +46 (0) 73 314 02
Email: anders.gratte@madeo.se
Anders G Skolleborg, Vice President Marketing, Madeo Sourcing Group AB
Phone: +46 (0)8-664 80 00, mobile: +46 (0) 70-874 51 26
Email: anders.skolleborg@madeo.se
Mika Peltoniemi, Managing Director, MADEO OY
Phone: +358 (0) 40 558 11 28
Email: mika.peltoniemi@madeo.fi
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