SIRVA, and BGRS, both leading global relocation and moving companies, announced on 6 May, 2022 that they have entered into a definitive agreement to combine into a new organisation initially named SIRVA BGRS. The transaction is expected to close within the next 90 days and is subject to regulatory approvals.
A recent press release said that by bringing together two of the world's leading relocation companies, the combined business will deliver unparalleled support to clients through diverse product offerings, robust technology and expanded global presence.
The new organisation will have 4,000 employees across 66 offices in more than 170 countries. Tom Oberdorf, Chairman and CEO of SIRVA, said, "This is a natural combination that allows us to meet the expanding and evolving mobility needs of our clients around the world. We look forward to combining our complementary industry expertise, footprint, and technological resources to create a single entity with greater efficiency, scale and local experience, well-positioned to shape the future of mobility and deliver greater value to customers."
Traci Morris, CEO of BGRS, added, "Both SIRVA and BGRS have a common customer-focussed approach that drives everything we do, and we are thrilled at the prospect of joining forces. Together, we will create a differentiated leader with a truly unique set of value-added products, dedicated resources to invest in technological innovation and an unmatched global footprint."
The combined company will be headquartered in the Chicago Area, and Tom Oberdorf will serve as chief executive officer. Traci Morris will be retiring after a successful transition period.