Tokyo-based Relo Group, Inc and BGRS have announced that they have entered into a definitive agreement under which an affiliate of Relo Group will acquire BGRS, a leading global talent mobility management firm, from Brookfield Business Partners.

BGRS provides a full spectrum of talent mobility and advisory services to Global Fortune 500 companies and is supported by a team of over 1,300 globally. The company manages over 60,000 employee relocations annually with locations throughout Asia, the Americas and EMEA. BGRS Chief Executive Officer, Traci Morris, and the management team will remain in place and work with Relo Group to advance the company into its next phase.

Traci Morris said, “BGRS has developed into a world class talent mobility management firm by always putting the interests of our clients first, constantly innovating and searching for new opportunities to create value for all stakeholders and implementing sustainable operating practices. We are excited to become part of Relo Group’s portfolio of companies to continue to build BGRS.”

Relo Group has a 30-year history of offering premier relocation services to support the global expansion of Japanese companies.