The Providence Service Corporation (Nasdaq: PRSC), a $1.5bn revenues US diversified holding group providing healthcare and workforce development services through its subsidiaries, following its decision to refocus one of its subsidiary businesses Ingeus, has completed the carve-out of the French business of Ingeus through its sale to the German holding group Livia (www.livia-group.com).
Ingeus helps governments and employers design and deliver services to solve the complex challenges caused by social and technological change. In France, Ingeus is the leader in supporting governmental agencies and private companies in dealing with unemployed people thanks to its HR consulting services.
Wagram was the exclusive advisor of The Providence Services Corporation for managing the carve-out of Ingeus in France.