October 29, 2020 – Recruitment firm Harvey Nash has acquired technology focused executive search firm Latitude 36 as part of its strategic expansion in the U.S. Financial terms of the deal were not disclosed.
“I am extremely excited about Latitude 36 joining the Harvey Nash Group family,” said Jason Allen, CEO of Harvey Nash technology recruitment division Northern Europe, Australia and U.S. “It represents a step change in our presence in the U.S. and provides wonderful opportunities both for Latitude 36 and our existing business there.”
“At the heart of this all lies our people, and when I met the team at Latitude 36 I was struck by how similar our values and ambitions were,” he said. “Everything we do together will be driven by a ‘people first’ approach. We are thrilled to be welcoming a high performing team which will add to our focus on becoming a top technology recruitment partner in the U.S.”
Latitude 36, which employs 125 colleagues across seven offices spanning the U.S and India will become part of Harvey Nash’s technology recruitment division. The management team of Latitude 36 will take senior leadership roles with the business and will work closely with Harvey Nash’s U.S. team, as well as the wider firm, to integrate, build and grow the business.
“We are thrilled and excited to become part of the Harvey Nash Group,” said Jason Pyle, president and COO of Latitude 36. “The company was established 20 years ago with a mission to create a world-class staffing and recruiting business with great people, integrity and innovation at its core. Our team has worked tirelessly to accomplish that mission, achieving success along the way.”
Expanding to the U.S.
“We see joining the Harvey Nash Group as the natural next chapter in that success story,” he said. “Combining the businesses provides a platform to become one of the largest and fastest growing staffing firms in the United States, creating more opportunities for our employees, clients, and candidates. We cannot wait to work together to become a major force in the U.S. market.”
Bev White, CEO of Harvey Nash Group, said: “The group has bold, ambitious plans for growth internationally, and through taking this significant step we will gain critical mass in the important North American market. Our U.S. clients will benefit from having access to a much wider range of services, as well as an extended team of technology recruitment experts who can support their needs. Our people will gain from the unique career opportunities that come from being part of a growing, ambitious global company with exciting plans.”
Blackwood Capital Group, led by managing partner Ronny Grosman, acted as M&A advisor to Harvey Nash on this transaction. “We are incredibly proud and pleased to have advised Harvey Nash on this landmark transaction,” said Mr. Grosman. “Latitude 36 will be a significant building block for Harvey Nash’s strategy in the U.S. both from a business and cultural perspective.”
Harvey Nash Group is a global professional services organization with three key areas of focus: technology recruitment, technology solutions and leadership services. With 36 offices Harvey Nash provides executive search and leadership services, professional recruitment and outsourcing services.
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; and Stephen Sawicki, Managing Editor – Hunt Scanlon Media