GFG imzdvSdage

Contact Us

HomeinterviewsEastridge Divests Workforce Management Divisions to Workwell

Eastridge Divests Workforce Management Divisions to Workwell

Eastridge announced the divestment of its Workforce Management and Workforce Technology Divisions to Workwell, a global leader in Human Capital Management (HCM) and Employer of Record (EOR) services. This acquisition includes Eastridge’s Payrolling/EOR, Managed Service Provider (MSP), and Talient Vendor Management System (VMS) business lines.

This strategic move will allow Eastridge to focus solely on its core strength in recruiting and staffing, while Workwell expands its North American presence and service offerings.

Key Highlights of the Acquisition

1. Leadership Changes

  • Seth Stein, currently CEO of Eastridge, will become CEO of Eastridge Workforce Management, now part of Workwell.
  • Rodrigo Alcaine, President of Eastridge Workforce Recruitment, will assume the role of CEO of Eastridge Workforce Solutions, focusing exclusively on staffing and recruitment services.

2. Eastridge’s Strategic Focus

  • The divestment enhances Eastridge’s agility and enables greater investment in its core expertise in recruitment and staffing.
  • Eastridge aims to drive:
    • Service quality improvements
    • Operational efficiency
    • Stronger market positioning

3. Seamless Transition for Clients

  • Eastridge is collaborating with Workwell to ensure a smooth transition for clients and associates.
  • Clients will continue to receive the same level of support from their trusted teams and points of contact.
  • Both companies remain committed to delivering award-winning, people-first service throughout the transition.

4. The Vision for Eastridge’s Future

  • Under the leadership of Rodrigo Alcaine, Eastridge Workforce Solutions will become a more specialized company dedicated to optimizing the talent experience for its clients.
  • The company aims to build on its 50+ year legacy by remaining nimble, innovative, and focused on client success.

Eastridge’s partnership with Workwell marks an exciting new chapter for both companies. By focusing on its staffing and recruitment business, Eastridge is well-positioned to deliver specialized services that help clients meet their growing talent needs. Meanwhile, Workwell’s acquisition of Eastridge’s Workforce Management and Technology Divisions will allow it to expand its global footprint and enhance its HCM and EOR solutions.

This strategic transition is expected to strengthen both companies and ensure long-term success for clients, associates, and stakeholders.

Business Wire
Business Wire
Business Wire, a Berkshire Hathaway company, is the global leader in press release distribution and regulatory disclosure. Public relations, investor relations, public policy and marketing professionals rely on Business Wire for secure and accurate distribution of market-moving news and multimedia. Founded in 1961, Business Wire is a trusted source for news organizations, journalists, investment professionals and regulatory authorities, delivering news directly into editorial systems and leading online news sources via its multi-patented NX network. Business Wire’s global newsrooms are available to meet the needs of communications professionals and news media worldwide.