Randstad IT services business Acquired by LTM | Technology M&A Deal

LTM has acquired Randstad’s IT services business, a managed services msp business in Europe and Australia, for an undisclosed amount. The acquired Randstad IT services business provides IT managed services and support for enterprise customers across multiple regions, strengthening LTM’s technology services delivery. LTM acquisitions in the managed services msp segment expand its customer base and service capabilities in Europe and Australia. The strategic acquisition is structured as a platform acquisition within technology M&A, with LTM acting as a strategic buyer. The deal is announced, with deal terms and closing timeline not disclosed.