M&A

M&A

CIEL HR services acquires psychometric tools provider Thomas Assessments

Business Line  

Chennai-based CIEL HR, provider of technology-driven solutions across the entire HR value chain, has acquired Mumbai-based psychometric tools provider Thomas Assessment Pvt Ltd (TAPL). The target company also has an entity called People Metrics Pvt Ltd, which provides assessment solutions. The target companies reported a combined revenue of INR 17 crore for the previous fiscal.TAPL has been the exclusive distributor of Thomas International’s suite of psychometric tools in the SAARC region, offering advanced analysis that deliver actionable insights for recruitment, talent mobility, succession planning, and leadership development. These tools have been used in several assessments globally, helping organisations make better-informed people decisions across diverse industries and cultures.Operating from 92 offices in 43 locations, CIEL HR, promoted by serial entrepreneur K Pandiarajan, claims to have serviced 3,958 companies across sectors as of June 30, 2024.