May 26, 2022 – As the war for talent reaches epic proportions, private equity firms are banking on recruiting, developing, and retaining high-performing leaders who deliver returns. Middle market private equity investor HKW has partnered with Chicago-based executive search firm DHR Global to optimize talent with the goal of speeding up the value creation process and continuing to deliver strong performance in its funds. The relationship began in 2018 with a series of portfolio company searches and has more recently expanded to include talent due diligence assignments, executive coaching of key leaders, and consulting to optimize team performance.
“The range and complexity of work we have done for HKW across executive search, executive coaching, and team performance means that we understand HKW’s approach to value creation at a deep level, and we can move more quickly and efficiently to help them get the results they want,” said Christine Greybe, president of DHR Global. “We look forward to many more years of collaboration with HKW and the leadership teams they have invested in.”
“We’ve been able to rely on DHR’s professionals to help us identify the talent-related value drivers during due diligence,” said Mike Foisy, president of HKW. “They’ve also helped us find a series of capable executives to help lead the companies once they are in our portfolio.” To date, DHR has recruited leadership talent for five of HKW’s portfolio companies.
The combination of executive search work and leadership consulting work has been particularly valuable for HKW, the company noted. “We know that ultimately we are investing in leadership teams, and DHR has demonstrated the ability to help us build strong teams and keep them operating at a high level of productivity,” said Ted Kramer, CEO of HKW.
Investing in Profitable Middle-Market Companies
HKW is an Indianapolis-based private equity firm investing in profitable middle-market companies across North America. The firm is built on a 100+ year history with a strong reputation for integrity. Its core partners have worked together for years, sharing a vision to create value for our investors, companies, and employees.
HKW targets companies in technology, health & wellness, and business services sectors. Since 1982, the firm has sponsored 66 platform transactions of lower middle-market companies throughout North America and 72 add-on acquisitions.
DHR Global Expands Advisory Services Unit, Names President
DHR Global has expanded the offerings of Elevate Partners, its talent advisory business, to include six service areas focused on helping clients build strong and effective teams. The firm also appointed Christine Greybe as president of its advisory unit. She will manage the relaunch of Elevate Partners.
Elevate Partners was originally launched in 2016 to provide leadership assessment, succession planning and executive onboarding advisory services. The firm’s expanded line of offerings now includes: executive succession planning, team effectiveness, executive coaching, culture accelerator, private equity diligence and assessment. All service offerings are led by the Elevate Partners team who bring more than 40 years of collective experience in leadership development, succession planning and assessment.
Since 1989, DHR Global has been a leading, privately held provider of executive search solutions with more than 50 wholly owned offices spanning the globe. The firm’s consultants specialize in all industries and functions, providing senior-level executive search, management assessment, and succession planning services tailored to the qualities and specifications of its client base.
Ms. Greybe joined DHR in 2004. In addition to her new role, she serves as the search firm’s president. She has spearheaded overseas growth, established and built out its Asia-Pacific and Middle East businesses, and driven the firm’s growth into Europe and Latin America. She was appointed president in 2009, and head of international in 2018.
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; and Stephen Sawicki, Managing Editor – Hunt Scanlon Media