Graebel and Reside Unite to Simplify How Organizations Deploy and Support Talent
Graebel Companies, Inc., a global leader in workforce mobility and managed services, and Reside Worldwide Inc., a leading provider of short and extended stay accommodations, have announced they have combined under common ownership to create a more connected approach to workforce enablement. The move is backed by Westbridge Capital and supported by the Graebel family's continued investment.
Together, the companies are building the foundation for a new model that helps organizations simplify complexity, improve employee experiences and support talent more effectively. The combination is enabled by ongoing support from Westbridge Capital Ltd., one of Canada's leading private equity firms, alongside the Graebel family's continued stake in the business.
As employee journeys become more dynamic and complex, organizations are evolving how they support their people — yet the systems, providers and technologies behind those experiences often remain fragmented. Graebel and Reside bring complementary strengths intended to change the way moves are managed for companies and their employees, better reflecting today's workforce and workplace.
"Where people live has such an impact on their work experience and success, whether it's for a longer-term relocation or temporary deployment for a short-term project. Bringing Graebel and Reside together allows us to play a more meaningful role in the employee journey while extending the value we create for clients."
— Ron Dunlap, CEO of the combined companiesWhat Clients Can Expect
Clients can expect a sustained commitment to service excellence, relationship continuity and delivery against existing commitments, including the teams and contacts they work with today. Over time, they will also benefit from a more connected ecosystem that reduces fragmentation, strengthens coordination across the employee journey, and delivers long-term value — all while preserving supplier neutrality, choice and flexibility.
A central piece of the combination is technology. Reside's 3Sixty corporate housing marketplace platform will be brought together with Graebel's technology and service platform to simplify one of the most critical parts of the employee journey — helping people settle in and succeed more quickly.
"Bringing Reside's 3Sixty corporate housing marketplace platform together with Graebel's technology and service platform will simplify a critical part of the employee journey, helping people settle in and succeed more quickly. This brings us closer to delivering the seamless, end-to-end experience employees increasingly expect."
— Lee Curtis, Co-founder of ResideBacking the Next Phase of Growth
Westbridge will support continued innovation and help expand the value proposition beyond traditional relocation, helping organizations better support people wherever work happens. Together, Reside and Graebel are creating a foundation for the next phase of growth and a more integrated approach to supporting organizations and their employees.
Both firms see the deal as a first step rather than an endpoint. As Mike Meekins, Westbridge's President and CEO, noted, Graebel is "leading the industry into a place of more connected support for companies and people, beyond traditional mobility," with additional opportunities on the horizon to reduce friction across the employee journey.
Both Graebel and Reside will continue to operate as separate entities. Ron Dunlap will serve as CEO of the combined companies, with Lee Curtis joining the leadership team. The integration process is already underway, with an emphasis on continuity and a continued commitment to client and employee experiences. Founded in 1950, Graebel supports organizations across 190 countries, while Seattle-based Reside provides access to more than 3.4 million professionally vetted accommodations across more than 60 countries.
Common ownership. Graebel and Reside have combined under common ownership to deliver a more connected approach to workforce mobility and employee support.
Private equity backing. The deal is enabled by Westbridge Capital, a leading Canadian private equity firm, alongside continued investment from the Graebel family.
Technology at the core. Reside's 3Sixty corporate housing platform will integrate with Graebel's technology stack to streamline accommodations within the employee journey.
Continuity first. Both companies will continue operating as separate entities, with Ron Dunlap as CEO of the combined group and Lee Curtis joining leadership.
Global reach. The combined footprint spans Graebel's presence across 190 countries and Reside's 3.4 million+ accommodations in more than 60 countries.