Team Builders Plus Acquires Teambuilding, Inc -- Creating Mega Training Firm
Cherry Hill, NJ – August, 13, 2007 – Team Builders Plus, a leading global training and development firm, has doubled its revenues and team building offerings today by acquiring Teambuilding Inc. of Chadds Ford, PA. The acquisition turns Team Builders Plus into the largest team building company in the region, and likely the country.
“This is a very exciting acquisition for us,” said Jeff Backal, president and co-owner of Team Builders Plus. “We already have more than triple the staffing of most other training firms, including several highly experienced trainers and coaches. Our employees and the services we provide for individual, team, and group leadership, training, coaching, and assessments, has enabled us to count more than a quarter of the current Fortune 100 companies as our clients. Acquiring Teambuilding Inc. now allows us to complement the team building side of our business with 20 additional team building adventures for organizations, in addition to a new conference speaker network,“ said Backal.
“On the training assessment side of our business, the acquisition of Teambuilding Inc. adds additional tools and materials via its position as number one U.S. distributor of HRDQ learning products,” added Backal. HRDQ is based in King of Prussia, PA. Team Builders Plus is already the number one all-time distributor of 20/20 Insight GOLD (online survey system from Performance Support Systems Inc. of Newport News, VA). It is also in the top 2% of Inscape Publishing’s 4,000 distributors (Minneapolis producer of DiSC® products and assessment tools) and is a top 10 distributor of Vital Learning products (leadership development programs). Vital Learning is based in Omaha, NE.
Teambuilding Inc.’s founder and president Peter Grazier, said, “Our business has been enormously successful since its 1985 inception, but our resources only enabled us to service a percentage of new business requests. With the experience and manpower of Team Builders Plus, the new combined company will be a true training and development powerhouse.”
Founded in 1991 by Drexel University MBA graduates Jeff Backal and Merrick Rosenberg, Team Builders Plus has of late been in heavy growth mode. Based in Cherry Hill, NJ, with an office in Wilmington, DE, the company was recently named one of the top 25 fastest growing South Jersey companies by the Philadelphia Business Journal. In the last year, Team Builders Plus has acquired Silver Career Management of Cherry Hill and has entered a strategic alliance with Coaching Partners Inc. of Wilmington.
Founded in 1985 in Chadds Ford, PA, Teambuilding Inc’s website TeambuildingInc.com was named “one of the top three sites for teams,” by Harvard Management Update. For more information, logon to: www.TeamBuildersPlus.com; or www.TeambuildingInc.com, or call 856-596-4196.
Publications announcing the acquisition:
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