LTM bids $186m for Randstad’s European and Australian tech services
LTM has submitted an offer to acquire Randstad’s technology and consulting services businesses in several European countries and Australia.
The proposed acquisition values the targeted operations at an enterprise value of €160m ($186.13m) on a cash and debt-free basis.
The business units included in the deal generate annual revenues exceeding $500m (€469m), spanning digital engineering, consulting, and domain-driven technology solutions.
The acquisition aims to enhance LTM’s capabilities in AI-driven services and digital transformation projects.