Crown World Mobility Acquires TIME Relocation

DANBURY, Conn., Feb. 22, 2018 (GLOBE NEWSWIRE) -- Crown World Mobility (CWM) – the world-renowned provider of domestic and international end-to-end workforce mobility solutions and talent management strategies – announces the acquisition of TIME RELOCATION, a U.K. cloud-based technology company within the relocations and mobility industry. This new acquisition strategically adds TIME’s market leading technology platform to Crown’s exclusive global service network, providing significant benefits across the value chain.

“Technology is at the forefront of our industry,” says Curt Smith, Group Vice President of Crown World Mobility. “This acquisition allows us to expand our service offerings for new and existing customers and meets a growing demand for managed Lump Sum and Flexible move-types in the marketplace.”

In recent years, Lump Sum policies have grown in popularity and are expected to increase due to shifting consumer preferences and the recent tax reform in the U.S.. TIME’s proprietary technology platform has been specifically developed to address these types of moves and enhance the relocation process.

By embracing new ways of working, our customers can now be put in direct control of their moves; the system links them to their entitlement and guides them through each step of the process. Crown’s global network will support these moves and be on hand to ensure consistency of approach and real-time support when required.

“We pride ourselves on being where our clients need us to be and meeting their ever-growing needs,” says Smith. “This allows us to improve our value proposition by further leveraging our technological expertise.”

Grant Chapman, former Director for TIME Relocation, will join Crown World Mobility to lead the global service rollout and oversee future development.

For more information, visit www.crownworldmobility.com.

About Crown World Mobility: Crown World Mobility (www.crownworldmobility.com) is a division of the Crown Worldwide Group, established in 1965 and headquartered in Hong Kong. Crown World Mobility helps corporations manage global talent and talented individuals perform on the global stage. Crown's approach is to work with all stakeholders to find the right solution, implementing a global mobility program that is successful for the whole organization. This often means finding a unique solution, which Crown has the experience and capability to deliver.

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Source: Crown World Mobility