Monday, July 2, 2012

Gores Group Completes Acquisition of Idea

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The Gores Group Completes Acquisition of Idea Integration Corp.

LOS ANGELES, Jul 02, 2012 (BUSINESS WIRE) -- The Gores Group, a global investment firm, today announced that its Small Capitalization Partners fund has completed the acquisition of Idea Integration Corp. from Adecco Group North America, part of the world's largest recruitment and workforce solutions provider.

Idea, headquartered in Jacksonville, Florida, is a leading provider of innovative business and technology solutions in the areas of digital strategy, marketing and design, digital and application development, application support and modernization, infrastructure services and customer support.

"Idea has established itself as a key provider of project based IT solutions and support services. We are excited about partnering with the Idea team in establishing an independent platform for growth and innovation," said Victor C. Otley, Managing Director for The Gores Group.

Idea's leader and President Rebecca Rogers-Tijerino said, "We are pleased to be part of The Gores Group. This is an exciting opportunity for the employees, clients, and partners of Idea to experience the benefits of a financially stable and operationally sound parent with the ability and expertise to invest in and pursue Idea's success in the IT solutions space. Not only am I confident in Idea's continued growth and prosperity, but in our ever-improving opportunities to serve our clients and people."

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