O’Melveny Represents MOVE Guides in Acquiring Polaris Global MobilityFebruary 01, 2018
FOR IMMEDIATE RELEASE
SILICON VALLEY—February 1, 2018—O’Melveny represented MOVE Guides, which powers worldwide workforce mobility management, in its acquisition of global mobility management pioneer Polaris Global Mobility. The terms of the deal were not disclosed.
The O’Melveny team was led by partner Einat Meisel, counsel Chris Hagenbuch, and associate Bhavreet Gill.
It’s more than what you do: it’s how you do it. Across sectors and borders, in board rooms and courtrooms, we measure our success by yours. And in our interactions, we commit to making your O’Melveny experience as satisfying as the outcomes we help you achieve. Our greatest accomplishment is ensuring that you never have to choose between premier lawyering and exceptional service. So, tell us. What do you want to achieve? Visit us at omm.com.
O’Melveny & Myers LLP
MOVE Guides issued the following release:
MOVE Guides Acquires Polaris Global Mobility
Deal Creates the Only End-to-End Global Mobility Management Solution to Cover Every Continent, Streamline Talent Mobility, Reduce Costs & Ensure Employee Satisfaction
SAN FRANCISCO, CA (February 1, 2018) – MOVE Guides, which powers worldwide workforce mobility management, today announced it has acquired Polaris Global Mobility. The powerful combination creates the first complete global mobility management (GMM) platform that makes it possible for companies and individuals to work everywhere, connecting relocation logistics, expatriate management, tax and payroll, and immigration data. The terms of the deal were not disclosed.
Based in Bellevue, Washington, Polaris is at the forefront of expatriate management solutions. A pioneer in the GMM space, Polaris has a 16-year history delivering assignment management, tax and payroll for top international companies with their proprietary tax engine covering 100+ countries. This, combined with MOVE Guides relocation management, employee experience and data science, gives companies a strategic advantage, eliminating cumbersome spreadsheet management, fragmented systems, and data silos to provide unprecedented visibility into workforce mobility programs.
As companies now recognize the critical importance of employee engagement and satisfaction in global mobility, GMM technologies are critical to providing the most hassle-free experience for employees as well as an efficient, single source of truth solution for HR teams. With the Polaris acquisition, MOVE Guides now offers the vital end-to-end support global companies need to address talent shortages and bolster recruitment, retention, and development efforts.
“MOVE Guides has a keen sense of the direction that global mobility and workforce management is moving, and this acquisition is further evidence of their innovation in meeting the needs of modern business,” said Peggy Smith, president and CEO of Worldwide ERC®. “Together, MOVE Guides and Polaris leverage their strengths – bringing both efficiency and scale to meet global enterprise needs.”
“MOVE Guides has established itself as an innovation leader, combining a best-in-class employee user experience with an offline partnership with TEAM Relocations Group to deliver relocation services globally,” said Bryan Williams, CEO of Polaris. “They deliver an exceptional experience to employees and very clearly share our commitment to digital innovation and service, which made this deal a natural choice to take our company to the next level.”
MOVE Guides and Polaris share mutual customers with seamless data integration already established between the two platforms. Existing customers will see no immediate change in their platform or service as the MOVE Guides and Polaris teams work to integrate the two into a single, unified platform.
“The Polaris team brings exceptional expatriate management, tax and payroll domain experience, and we’re thrilled to welcome them to MOVE Guides,” said Brynne Kennedy, MOVE Guides CEO and Founder. “Combining our leading-edge solutions under a single umbrella will enable us to deliver the best-in-class, future-ready global mobility management platform to addresses emerging customer needs, provide unprecedented employee support and business growth opportunities for our customers.”
To learn more about MOVE Guides’ complete global mobility support solutions, visit www.moveguides.com.
About MOVE Guides
MOVE Guides reduces barriers between people and places so companies and individuals can work everywhere. Over 100 global companies, including industry leaders such as Procore, Societe General and Slack, rely on the MOVE Guides global mobility management platform to deliver relocation management, expatriate management, tax and payroll, and immigration data across more than 100 countries. The result is improved operational efficiencies, compliance and employee satisfaction and engagement. MOVE Guides’ philanthropic initiative – Mobility4All – provides a percent of revenue and employee time towards programs benefiting those fleeing poverty and conflict.
Founded in 2012, MOVE Guides has raised over $90M in funding from backers including New Enterprise Associates and Notion Capital to power work everywhere. MOVE Guides is headquartered in San Francisco and London, with offices throughout the Americas, EMEA and APAC. For more information, go to www.moveguides.com and follow MOVE Guides on Twitter, Facebook and LinkedIn.
MEDIA CONTACT:Jocelyn Linde