Acacium Group Acquires Sumo Medical Staffing
September 11, 2023 – Acacium Group, a London-based healthcare and clinical/scientific recruiting provider, announced that it has acquired Sumo Medical Staffing, a specialist recruiting firm based in Draper, UT. Financial terms of the transaction were not disclosed. “Sumo Medical Staffing is an outstanding healthcare business that expands our staffing and workforce management offering to our clients in the U.S.,” said Mike Barnard, CEO of Acacium Group. “Sumo has a proven record of success and is closely aligned with our values in their commitment to excellence and putting people first. Acacium Group has ambitious plans to grow globally in a way that positively impacts society, and Sumo Medical Staffing will play an important part in helping that happen.”
Sumo Medical Staffing places qualified physicians and advanced practice providers in temporary and permanent positions across the U.S. It places medical professionals in specialties including psychiatry, internal medicine, hospitalists, family medicine, ER/urgent care, and pediatrics.
Together with Favorite Healthcare Staffing, which was acquired by Acacium in 2022, this partnership gives Acacium Group a larger presence across the U.S., expanding the staffing offering to clients and strengthening the group’s position as a leading global healthcare delivery partner.
Sumo will continue to be led by its founding owners, Jeff Parker, Kevin Anderson, and Boyd Waters, who have extensive healthcare experience. Sumo will operate as part of Acacium Group’s U.S. healthcare staffing division under chief operating officer Christopher Brink.
“This new partnership will enable us to access expertise and resources that can further strengthen our offering to clients and healthcare professionals,” said Mr. Parker, CEO of Sumo. “Our dedication remains the same, with an unwavering focus on delivering excellence and quality service.”
Recent Deals
Acquisitions and consolidations continue to make news in the recruiting industry, with a number of notable purchases in recent months. And it’s not just executive search firms. Technology-based outfits have also been in on the action. Here is a sampling from the Hunt Scanlon Media archives:
Corsica Partners has acquired Alora Search Partners and appointed its founding partner, Mary Langan as managing director and cybersecurity practice lead. “Alora Search Partners has developed a respected reputation serving public, VC and PE backed software, robotics, and cybersecurity firms,” said Dan Veitkus, managing partner and CEO of Corsica Partners. “Under Mary’s leadership, Alora has carved out a place among the most admired executive search boutiques and I’m delighted to welcome the Alora team, their clients, and candidates into the Corsica Partners’ family. With this acquisition, we extend our capacity to deliver exceptional C-suite talent across every major function of the enterprise.”
Leadership advisory firm Russell Reynolds Associates (RRA) has acquired Nvolv, a boutique leadership consulting firm serving CEOs and C-suite executives of global businesses. Financial terms of the deal were not disclosed. “Our acquisition of Nvolv represents a powerful opportunity for us to bolster our client offerings and further strengthen our preeminent position as leaders in C-suite leadership advisory services,” said Constantine Alexandrakis, CEO of Russell Reynolds Associates. “Bob and the entire Nvolv team have an enviable track record of building deep relationships and driving extraordinary results at the most senior levels of organizations, and we look forward to joining forces to increase the depth of both firms’ impact in advising and coaching C-suite executives, preparing the next generation of senior executives, supporting new leader integration, de-risking CEO succession, and aligning top teams to deliver on their transformation agendas.”
ZRG, a global talent advisory firm and portfolio company of RFE Investment Partners, has acquired Helbling & Associates, an executive search firm focused on real estate, facilities, and construction. Financial terms of the deal were not disclosed. “The addition of the Helbling team to the ZRG family will bolster our growing real estate practice,” said Larry Hartmann, CEO of ZRG. “We’ll have more resources for our clients, including support in the construction sector of the real estate industry. We are very excited to bring even greater depth and breadth of expertise to the companies we serve.” Helbling & Associates, based in Wexford, PA, was established in 1992 by Tom Helbling to meet the recruiting needs of construction contractors and real estate developers. As clients began referring the firm to their professional networks, Helbling’s client base expanded to entities with significant real estate assets and facilities management needs. Today, Helbling’s clients include institutions of education, healthcare, and research, as well as cultural and community organizations. The firm has completed search assignments in 43 states.
Stockholm, Sweden-based executive search firm Mercuri Urval (MU) has acquired German executive search firm Delta Management Consultants GmbH. Financial terms of the deal were not disclosed. “We are pleased to be acquiring such a longstanding firm with such exceptional colleagues,” said Richard Moore, CEO. “Together we will create even further value for both our clients. Today clients need effective, sustainable, and diverse leadership more than ever. Acquiring and improving leadership is the greatest challenge organizations face – and the only way they can sustainably outperform.” Founded in 1983, Delta Management Consultants has for over 30 years assisted clients in areas such as executive search, leadership advisory, management consulting, and more. Anja Schelte, J. Carlos Fernandes, and Stefan Koop, managing partners of Delta Management Consultants GmbH, said: “We look forward to a future together with Mercuri Urval. Our employees benefit from the company’s resources and global presence. Our clients can continue to count on the proven expertise and commitment of us, their longstanding advisors, but now with the added value and expanded capabilities that this strategic acquisition offers.”
Related: Hunt Scanlon Media Launches M&A Advisory Service for Recruiters
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; and Stephen Sawicki, Managing Editor – Hunt Scanlon Media
