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Sapien Chosen as Global HR Solution for Drew Marine
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Wednesday, August 19, 2009
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Company to Provide Global HRMS, Benefits Administration and Full Human Resources Augmentation
Morristown, NJ – August 19, 2009 – Sapien LLC, the on-demand HR services company that combines transactional and strategic HR in one global solution, today announced that it has been selected as the Global HR Solution by an investment affiliate of J.F. Lehman & Company as it completes the acquisition of Drew Marine. Drew Marine is a recognized global leader in the supply of chemicals, products, equipment, and services for applications including water treatment, fuel treatment, maintenance, welding and related gases and consumables, refrigeration, and fire and rescue safety to large vessels, shipyards and other maritime customers.
Headquartered in Boonton, NJ with regional offices in locations including Singapore and Rotterdam, Drew Marine has approximately 98 stocking locations in 48 countries. Sapien will provide the company with HRMS, global benefits administration services, and full Human Resources Augmentation services on a global basis.
Accustomed to working in an HR environment that operated with multiple providers on a country by country basis, Drew Marine and its new owners selected Sapien because of its ability to provide a total solution across its global network. In addition, only Sapien could provide the breadth of services required by the company and be fully operational with Global HRMS by September 1.
According to James Boyko, Sapien SVP of Sales, “Sapien has built a significant business on our ability to address the needs of midsize multinational companies, providing global services, languages, currencies and reporting capabilities on one integrated, on-demand platform.” He added, “Drew Marine met that profile perfectly allowing Sapien to leverage the value of our full solution, including the combination of our software, our augmentation capabilities, and our global reach and speed to market.”
Commenting on the selection of Sapien, Managing Partner Ryan Tweedie said, “There is nothing in our business that is more gratifying than being recognized as the right HR solution for a global customer. We are honored to have been selected, and to have this new divestiture join the community of other newly-divested midmarket globals that have selected Sapien in the past year.”
The divestiture is slated to close on August 31, 2009. Sapien HRMS will be fully functional at time of closing.
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About Sapien LLC
Founded in 2005, Sapien LLC is one of the most progressive and innovative providers of on-demand HRMS and HCM software solutions, and of Human Resources Augmentation™ (HRA) services. Built on the SaaS platform, Sapien operates on an isolated individual schema model and specializes in serving the needs of mid-market multinationals. Combining comprehensive HR management and planning functionality with the latest Internet and workflow technologies to help transform the way companies manage their HR functions, Sapien services a worldwide client base from its headquarters in Morristown, NJ. Emerging as the leader in the global evolution of HR solutions, Sapien can be reached at www.sapiensoftware.com or at 866-E-SAPIEN.
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About J.F. Lehman & Company
J.F. Lehman & Company is a leading middle-market private equity firm focused exclusively on the defense, aerospace and maritime sectors. The firm has offices in New York, Washington and London. For more information about J.F. Lehman & Company, please visit www.jflpartners.com.
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"our ambition at Philips is to use our global talent pool for the benefit of the business as a whole rather than keeping very talented people at divisional level."
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Project Manager of the Philips Talent Track Team
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