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PSI Services (PSI) acquires Cubiks Group Ltd

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London, UK –28 October – PSI Services (PSI), a global workforce solutions provider with over 70 years’ experience in assessment and talent management, today announced that it has acquired Cubiks Group Ltd (Cubiks), an international assessment and executive development business headquartered in Guildford, UK, with offices in 13 countries across Europe and Asia Pacific.

The acquisition consolidates PSI's position as the pre-eminent talent management provider and represents a considerable development in both the breadth of its product portfolio and its global footprint. Cubiks’ renowned screening, selection and development solutions are a valuable complement to PSI’s existing talent management portfolio and will strengthen PSI’s integrated talent solutions offer for both its own and Cubiks’ customers.

Steve Tapp, CEO at PSI said “This acquisition is all about investment and growth in the global talent management space. Our international presence has been growing strongly over the last 4 years and acquiring Cubiks gives us an enhanced presence around the world that will, at a stroke, dramatically extend our market reach and provide the platform for further expansion."

Commenting on the agreement, PSI President, Peter Celeste said “We have always had such a high regard for the Cubiks brand in the marketplace, with its robust and scalable assessment and development solutions, such as its leading workplace personality tool PAPI. We’re excited to be bringing significant additional talent into the PSI family through the Cubiks international team, given that much of its reputational strength has been built on the company’s skills and expertise.”

“Cubiks has for 20 years been empowering people to achieve their potential through our market-leading talent assessment solutions. To take these solutions to a wider audience we’ve been seeking a partner who really understands our market and is committed to invest in growth. With PSI, we’ve found that. This is a great opportunity for our employees and clients alike as our businesses complement each other perfectly across market offerings and geographic footprint. With shared values and a similar culture, the Cubiks team is really looking forward to being part of the PSI family,” commented Martin Smith, CEO, Cubiks.

About PSI
PSI Services LLC (PSI) is a global workforce solutions provider that combines science, technology, and expertise to enable opportunities for professional growth, talent enhancement, and retention. PSI has over 70 years of experience providing worldwide testing solutions to corporations, national and regional government agencies, professional associations, certifying bodies and leading academic institutions. PSI offers a comprehensive solutions approach from test development to delivery to results processing, including pre-hire employment selection, managerial assessments, licensing and certification tests, distance learning testing, licence management services and professional services. More information is available at www.psionline.com.

About Cubiks
Cubiks is an award-winning international talent assessment and development consultancy that designs and delivers robust solutions for assessing and developing people. Combining business psychology with the best online solutions, Cubiks helps more than 1,000 clients across the globe gain the insight they need to make the best talent management and assessment decisions. With offices throughout the UK and Europe, and within the UAE, Malaysia, Greater China and the USA, Cubiks offers culturally sensitive, competency-driven solutions in over 30 languages. For more info, visit http://www.cubiks.com.

Press contacts
PSI
Veronica Hannon, Transform Communications Ltd
veronica@transformcommunications.co.uk
T: +44 (0)1225 863846

Claire McCue
PSI Services LLC (US)
cmccue@psionline.com
T: +1 412 847 0289

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