Italian staffing firm Gi Group Holding announced the acquisition of The Bridge Social, an HR technology consultancy with a presence in Latin America and the US focused on building and scaling up digital capabilities for multinational businesses.

The transaction marks Gi Group Holding’s 50th acquisition since its founding in 1998.

According to Gi Group, the addition of The Bridge Social enhances the group’s capabilities and presence in Latin America and strengthen its offering in the HR technology space.

The Bridge Social was founded in 2017 in Santiago de Chile and has a global network of professionals offering local and international opportunities.

“We are thrilled to welcome The Bridge Social to the Gi Group Holding global HR ecosystem," said Gi Group Holding Founder & CEO Stefano Colli-Lanzi. "This is a very special step in our company’s 25-year history, which has not only grown organically, but also through strategic acquisitions that have helped us strengthen our capabilities and presence in many regions. Through this latest acquisition, our 50th, we are thrilled to elevate our existing offerings through The Bridge Social’s technology expertise and robust presence in Latin America."

The Bridge Social Founder & CEO, Bernardo Carvalho Wertheim, said, "Joining forces with Gi Group Holding is an exciting opportunity for us to expand our reach into new regions, industry segments and categories. In addition, we plan to further enhance our platform and technology, delivering a state-of-the-art solution to assist companies in securing the best digital talent in the world. We are confident that together, we will be able to provide even more disruptive solutions for our clients and continue to be a leader in the HR technology industry.”

The acquisition of The Bridge Social follows Gi Group’s most recent acquisitions in December 2022 with EUpro Holding AG (Switzerland & Lichtenstein), and CVO Recruitment and Simplika in the Baltic region.

Gi Group has also recently focused on the Latin American region last year by acquiring Stato, in Brazil and Focun Group in Colombia, as well as Bruno Matarazzo Y Asociados an Argentinean outplacement consulting firm.

For The Bridge Social acquisition Gi Group was advised by Blackwood Capital Group, LRI, and Rödl & Partner Consultores Ltda. The Bridge Group was advised by Stark Investment Banking.