BHIF Group Acquires RPS Relocation
BHIF Group, a national real estate and relocation services aggregator located in New Hampshire, has acquired RPS Relocation, a full service and retail relocation services company headquartered in Dallas. BHIF's Relocation TRIP® Kit uses BHIF Group's Fatform System for tracking and enables employees who do not receive all-expenses-paid move and relocation services to enjoy the same level of service as would a fully reimbursed employee.
BHIF Group acquires RPS Relocation
BHIF Group, a national real estate and relocation services aggregator located in New Hampshire, has acquired RPS Relocation, a full service and retail relocation services company headquartered in Dallas. BHIF Group's V.P. of Operations, Ben Sommers, will be working closely with Shelley Seale, RPS Relocation's President and founder, combining Sommers' 25-year business development and operations experience with Seale's 10-year experience in sales and marketing. The match-up also provides a fully operational infrastructure to provide the public with RPS' sophisticated personal relocation counselors and BHIF Group's patent-pending technology, which includes the Relocation TRIP® Kit, supported by the Fatform System.
The Relocation TRIP® Kit uses BHIF Group's Fatform System for tracking and enables employees who do not receive all-expenses-paid move and relocation services to enjoy the same level of service as would a fully reimbursed employee. A transferee's personal file is accessible 24/7 at www.fatform.net, to either the transferee or the assigned personal counselor.
According to Seale, "We are excited about using the File Activity Tracking Format (Fatform) System. The multiple components of a move or relocation are all clearly represented in the system. The system is very impressive and easy to use after proper training. This is a tool that I am confident will help RPS efficiently counsel each of the relocating employees assigned, due to improved communications. The marketplace needs a High-Tech system like this, which will help RPS add the High-Touch component to the relocation process." Last year RPS processed 1,000 employee transfers. The company has been profitable for nine years, and has developed a very comprehensive relocation services website - www.rpsrelocation.com.
Seale has become a BHIF Vice President and senior manager and looks forward to rapidly expanding the business of both companies.
Only 15% of employee relocations are employer-paid, and major relocation services companies focus exclusively on that segment of the market. BHIF Group's patent-pending Relocation TRIP® Kit and Fatform System were designed to allow its component companies and subsidiaries, as well as other licensed relocation companies, to provide services to the other 85% of the market in a profitable manner. The relocation services market is estimated to produce $10 billion of annual revenue for participating service providers.
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