LONDON, 06 MARCH, 2024 – In a strategic move to further its position in talent acquisition and management solutions, the global leader in Talent Insights, SHL announces the acquisition of leading talent assessment provider and long term partner, Eshael Indonesia.
The deal positions SHL to unlock growth opportunities for organizations and people in Indonesia by extending its full suite of data-driven SaaS talent solutions that help companies – and their leaders – hire, mobilize and develop the right people.
As highlighted by SHL's Chief Strategy Officer, Himanshu Aggarwal, "Our investment in Indonesia is a strategic response to this dynamic market, strengthening our global reach and unlocking growth opportunities. With a thriving economy, the fourth largest working-age population, and rapid digital transformation, organizations need to invest in the right people – and the right HR technology – to maximize opportunities and achieve results.”
Aggarwal added, “Eshael Indonesia has built a market-leading business with a team of experts that are passionate about driving performance through people. Together, we are committed to enhancing strategic HR decision-making with innovative, data-driven talent solutions that drive organizational success."
This acquisition strengthens SHL’s leadership position in Southeast Asia through direct presence in key markets, Indonesia, Singapore and Philippines, to serve at scale our customers across US, EMEA, and APAC regions.
Managing Director of Eshael Indonesia, Marizca Tambunan, explains the positive impact on its customers: "This signifies a new era for talent management in the region. With access to expertise and powerful solutions built and tested around the world, SHL will enable customers to go global with us.”
Today’s news marks SHL’s second acquisition in twelve months after its acquisition in Japan. It’s the latest step in the company’s strategic evolution since Andy Bradshaw became CEO in 2018, to become a talent insight partner that provides SaaS solutions that to power data-driven decisions across the employee lifecycle.
###
