Based in Newcastle and established in 2011, Edward Reed specializes in mid- to senior-level management placements across a variety of industry sectors. The firm is looking to grow after receiving private investment earlier this year. Its client base includes companies such as Symantec, HP, Xero, CrunchBoards, Northumbrian Water, Centrica British Gas, FreeAgent, EvaluAgent and KyKloud.
“This is a really exciting time for Edward Reed,” said Chris Stappard, managing director at Edward Reed Recruitment. “As a company, Edward Reed looks completely different now from how it did six months ago. Key investment and the subsequent merger with Laurus Executive Search has opened a wealth of opportunities for us to recruit some of the most senior positions in the North East market and even expand our reach beyond the region.”
Ian Lewis, director at Laurus Executive Search, said the merger has broadened his firm’s potential. “By merging Laurus and Edward Reed together, Edward Reed can now provide a fully inclusive management and executive board level recruitment solution for businesses needing to hire high-caliber individuals in general management, non-executive, finance, HR, operations, sales and marketing and IT disciplines,” he said.
“We have approached this merger with the philosophy that two plus two equals five, there is strength in numbers and by pooling our resources, we are in a better position to drive the business forward and expand our services into new areas,” said Mr. Lewis.
Located in Hexham and founded in 2015, Laurus Executive Search provides senior-level search services for private sector clients operating across all sectors and disciplines. Mr. Lewis’ experience includes executive search, start-ups, C-level business development, team management and international office launches. He brings more than three decades of recruitment experience to a new full-time role as director at Edward Reed.
Executive search firms have seen a rise in mergers in recent months. Here’s a look at a few from the Hunt Scanlon Media archives:
India-based executive search firm Vito India Advisors has merged with Altor Executive Search, a search firm based in India, to form VitoAltor Advisors. In a combined statement, Vito and Altor said the new entity will be India’s largest financial services executive search specialist (by market share).
New Zealand-headquartered executive search firms SandriWalsh Limited in Wellington and Rosenberg Executive Search Limited in Auckland have merged to create SWR Group NZ Limited. SWR covers all leadership roles, permanent and contract, from directors and C-suite on down.
San Francisco-headquartered Riviera Partners has merged with Alpha Advisors, a boutique search firm specializing in senior information technology and quantitative talent for financial services and technology clients. Its founder and executive search veteran Jeff Campbell has joined Riviera to drive continued expansion.
FaithSearch Partners, an executive search firm for faith-based organizations, has merged with Halftime Talent Solutions, a recruitment firm that serves mission-motivated non-profit and for-profit clients. The union creates a wider resource base through their combined networks.
Consultants from three executive search firms have joined forces to launch a new search platform, HealthSearch Partners, specializing in identifying and placing transformational, mission-minded CEOs and senior leaders in healthcare systems. HealthSearch Partners combines the leadership of CES Executive Search, FaithSearch Partners and Southerland Partners.
CMP, a talent development and transition firm, has merged with Atlanta-based coaching firm The Frontier Group. Frontier, which has a 31-year track record of delivering individual career transition solutions, redeployment solutions and executive coaching, will operate under the CMP brand.
Orthopedic and spine-focused executive search firm Othoexecutive and Crowther Ballantyne Associates have merged. The collaboration of the U.K.-based operations brings together 33 years’ experience in executive search, and 18 years’ experience in the medical device industry in sales and marketing functions.
DES Recruitment has merged with U.K.-based Miramar Global Executive Search. For the past 15 years, DES Recruitment has identified and attracted senior-level executives for clients nationwide. Miramar Global has forged a reputation serving U.S. multinationals in the Americas as well as across EMEA and Asia.
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; Stephen Sawicki, Managing Editor; and Andrew W. Mitchell, Managing Editor – Hunt Scanlon Media