SIRVA, Inc. entered into a definitive agreement to acquire BGRS, LLC.
May 05, 2022
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SIRVA, Inc. entered into a definitive agreement to acquire BGRS, LLC on May 6, 2022. the new organization will be named SIRVA BGRS, Inc. Following the closing of the transaction, existing SIRVA and BGRS owners, funds managed by Madison Dearborn Partners, LLC and Relo Group, Inc., respectively, will maintain interests in the new organization. The transaction is expected to close within the next 90 days and is subject to regulatory approvals. Richard J. Campbell, P.C., Jon-Micheal A. Wheat, P.C., Kamilya Jumagulova, Adam DeSantis, Angela C. Oldham, Janette A. McMahan and Philipp Gnatzy of Kirkland and Ellis, LLP acted as legal advisor SIRVA, Inc. Robert W. Baird & Co. Incorporated acted as financial advisor BGRS, LLC. Mori Hamada & Matsumoto acted as legal advisor to BGRS, LLC. Davis Polk & Wardwell LLP acted as legal advisor to BGRS, LLC.
Relo Group Inc is engaged the provision of outsourcing services in the field of corporate welfare, as well as the rental management business and hotel management business. The Company operates in five business segments. The Domestic Relocation segment is involved in the provision of leasing company housing management outsourcing services, and the rental real estate management & brokerage business. The Welfare segment is involved in the provision of welfare agency services, customer benefit agency services, and home rush services. The Transfer Support segment provides the overseas assignment support, inbound support, expatriate staff regulations and treatment consulting services. The Overseas segment provides assignment management services for global companies, as well as overseas local services. The Tourism segment is involved in the holiday home time sharing business and hotel management business. The Company also conducts financial-related businesses of its core businesses.
RELO GROUP, INC. 
