The Specialist Group Acquires Umia Innovation's Technical Staffing Unit and Rebrands It as Altio
September 14, 2023
The Specialist Group (TSG) has acquired the technical staffing business unit of Sweden's Umia Innovation and rebranded the acquired entity as Altio, which will operate under TSG's STAR label. The add-on expands TSG's presence in the Nordics—adding about 100 technical specialists—and bolsters its capabilities in energy-transition staffing across renewables, battery storage, hydrogen and related projects.
- Buyers
- The Specialist Group
- Targets
- Altio (formerly Umia Innovation's technical staffing business unit)
- Sellers
- Umia Innovation
- Platforms
- The Specialist Group (STAR)
- Industry
- Staffing & HR
- Location
- Västerbotten County, Sweden
- Transaction Type
- Addon
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