October 31, 2017 – Executive search firm DES Recruitment has merged with U.K.-based Miramar Global Executive Search. John Hodge, founder and managing partner of DES Recruitment, will become managing partner in North America for Miramar.
“This a critical moment in the journey for both the DES and Miramar teams,” said Andrew Stoneham-Knott, managing partner of Miramar Global. “We are combining our shared expertise with a unified purpose to deliver best-in-class service and uniquely positions Miramar Global to meet the demands of our multi-national client base,” he said. “It is our customers who are at the heart of this process and we are focused on the scope that this merger offers us to further enhance the quality and depth of our offering for their benefit.”
Mr. Hodge said the merger was a positive for all involved. “Combining forces with Miramar allows us to offer a global platform and a scalable solution with shared vision that creates unlimited value to our customers,” he said. “By merging we are committed to enhancing our ability to deliver market-leading services to create enhanced collaboration, seamless delivery and broadens our ability to provide our clients with a strategic competitive advantage.”
For the past 15 years, DES Recruitment has identified and attracted senior-level executives for clients nationwide. Mr. Hodge has over 20 years of experience in management consulting, business development and executive search for a broad range of clients within the technology, life sciences, manufacturing and financial services markets. The firm’s clients range from leading enterprise software firms to big four professional services companies, global agro-chemical organizations and venture capital-backed technology startups.
Miramar Global has forged a reputation serving U.S. multinationals in the Americas as well as across EMEA and Asia. DES will bring expanded North American coverage from its offices in the Greater Philadelphia area.
“DES Recruitment’s experience which spans the technology, professional services and industrial sectors is a perfect complement to Miramar’s track record in these markets,” said Mr. Stoneham-Knott.
Recent M&A activity
Executive search firms have seen a rise in mergers and acquisitions in other sectors as well. Activity, in fact, seems heightened across the board:
Gibson Consultants, a recruiter that serves healthcare payers and digital health companies, has merged with its affiliate, Enterprise Recruiters, a recruiting firm also focused on digital health companies. The combined company, which will keep the Gibson Consultants name, has also opened an additional office in Wilmington, NC.
Asset management executive recruiters Grace Point Partners and BraddockMatthews have merged. The joint firm will continue to serve clients across traditional and alternative asset management, including hedge fund, private equity, endowment and foundation, and family office organizations. The firm will be known as BraddockMatthews and have offices in Manhattan and Boston.
DHR International has acquired boutique executive search firm COOPER+LOGAN. With the addition of two new managing partners, the acquisition strengthens DHR’s retail/fashion industry and functional expertise. COOPER+LOGAN, founded in 2008, specializes in the selection of senior-level design, merchandising and creative services candidates for “brand-centric” clients.
Global recruiter Ward Howell International has acquired Curran Partners, a Stamford, CT-based executive search firm with a concentration in the life sciences, among other sectors it serves. Founded in 1989, Curran Partners became the U.S. member of ECI Group, an international network, in 2003.
Global financial recruiting specialist Options Group acquired MCL Search Ltd, an executive search firm based in London specializing in electronic markets (trading and distribution), prime brokerage/ clearing and financial trading technology with a focus on currencies and fixed income. Founding partners, Maria Aldous and Charlotte Battisti, bring a combined 25 years in executive search.
Focus Search Partners (FSP), the executive search division of talent solutions provider Vaco, has acquired the Dallas, TX-based recruiters Taylor Winfield. With the acquisition, FSP gains a team of professionals with enterprise operating experience across industries including Internet/ digital media, technology/ SaaS software, consumer/ retail/ food service and business services.
ZRG Partners acquired life sciences specialist HM Long Global Partners. As part of the asset acquisition agreement, Helga Long, formerly the chair and CEO of HM Long/ RSVP Group, joined ZRG Partners. Ms. Long is considered one of the world’s top executive search professionals in life sciences.
Jordan Search Consultants, a recruiting firm focused on the healthcare, executive and higher education sectors, acquired Health Search New England (HSNE), a search firm specializing in the recruitment of healthcare providers throughout the Northeast. Financial terms of the deal were undisclosed.
Acertitude acquired Los Angeles-based Olive Avenue Search Partners. Olive Avenue’s founders, Gwen Sabo and Joann Maciejewski, bring deep expertise in the development of research capabilities, training and development, and identifying and engaging top talent. Financial terms of the deal were not disclosed.
Ohio-headquartered Torch Group acquired Selker Leadership, a search firm that places candidates in the technology and software fields. Selker Leadership’s president, Gregory L. Selker, will join Torch Group as senior vice president and search operations leader, overseeing the firm’s search practice, including research and candidate development.
Buffkin/ Baker recently merged New York-based WTW Associates into its expanding executive recruiting platform. WTW, a talent provider focused on the media, entertainment, technology and law industries, will integrate its operations into the Buffkin/ Baker New York office. Warren Wasp becomes a partner in the firm, and will head its entertainment/ media practice.
U.K.-based Hydrogen Group acquired Argyll Scott for £3.3 million. Together, the combined firms will deliver recruitment services across multiple functions, industries and countries. The acquisition allows Hydrogen to accelerate international growth plans and benefit from greater strength and depth in the London market.
Walter James recently acquired Euromedica Executive Search Limited. Walter James operates in the life sciences sector with a focus on global enabling units. The acquisition positions the firm to offer end-to-end specialist service across the entire life sciences value chain. Financial terms of the deal were not disclosed.
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; Stephen Sawicki, Managing Editor; and Will Schatz, Managing Editor – Hunt Scanlon Media