Gutenberg Communications

June 30, 2014 09:30 ET

UST Global Acquires Renaissance Solutions to Expand Into Singapore Market

This Acquisition Will Tap Into IT Services and BPO Market Focusing on Large Financial and Hi-Tech Customers

ALISO VIEJO, CA--(Marketwired - June 30, 2014) - UST Global, an information technology solutions and services company for Global 1000 enterprises, announced today their acquisition of Renaissance Solutions Pte. Limited, a Singapore-based recruitment specialist for Construction, Oil & Gas and a premier staffing and technology services companies. Renaissance services over 100 multinational companies in private and public sectors, including 15 Fortune 500 customers. 

Global companies rely on human capital to execute mission-critical, large-scale and costly technology projects. Mismatch in talent can impede companies from staying competitive and driving growth. Renaissance helps organizations respond rapidly to their talent need with an unparalleled network of over 400,000 skilled workers from across the globe. 

The acquisition of Renaissance by UST Global will enable companies to find the right talent, lower costs and optimize the speed of project implementation and completion. 

"In the technology industry, the war for talent is escalating and clients rely on us to deploy the right talent at the right time," said Saurabh Ranjan, Managing Director Global Operations at UST Global. "Singapore is a global business hub and has attracted the best and the brightest in tech from around the world. Renaissance, with its reputation, talent expertise and location not only provides a strategic hub for UST's further expansion in the Asia and Australia markets but also fuels our global need for top-grade talent and industry specific expertise. We are already poised to deliver significant value with this acquisition."

"Renaissance Solutions cut its teeth providing talent to the construction, oil and gas industries," said, Vivek Ravindran, President of Renaissance Solutions. "Together with UST Global, we expect to take our expertise to other industries and deliver exceptional value to our customers." 

About UST Global

UST Global is a leading provider of end-to-end IT Services and Solutions for Global 1000 companies. Headquartered in Aliso Viejo, California, UST Global has operations in USA, India, Mexico, Spain, UK, Malaysia, Philippines, and Singapore. UST Global is a technology leader with deep domain expertise across multiple industries. By focusing on its business philosophy of 'fewer CLIENTS, more ATTENTION', UST Global strives for excellence in providing their clients with the best service and commitment to their long-term success. Today, with over 14,000 employees, UST Global serves less than 100 strategic clients. Please visit for more information.

About Renaissance Solutions

Renaissance is customer-focused, provider of IT Solutions and Services, that delivers technology solutions to Fortune 500 companies. Renaissance takes pride in successful execution of projects and achieving high levels of customer satisfaction. Its long standing customers are a testimony to the value that they provide as an organization to its customers' business and technology initiatives, that are primarily from Banking and Finance, Manufacturing, Distribution, Technology, Service verticals

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