January 24, 2018 – Acquisitions continue to make news in the recruiting industry and the latest wave appears to be carrying into 2018. The most recent: Jackson Healthcare, a provider of healthcare recruiting, search and technology services, has acquired Orlando, FL-based search firm Avant Healthcare Professionals. Financial terms of the deal were undisclosed.
Avant, a veteran player in international recruitment and placement of healthcare executives, executes long-term matches between international clinical professionals and client healthcare facilities in the U.S. The firm also provides clinical and cultural transitions training, as well as personalized, ongoing support. Avant has placed 650 professionals in over 38 states.
“Avant is the clear leader in international recruitment, an effective solution for filling critical recruiting needs,” said Shane Jackson, Jackson Healthcare’s president. “We share similar values about caring for professionals and facilities to ensure excellent patient care, and we are confident that our cultures will mesh well.”
Shari Dingle Costantini, Avant’s founder and CEO, is an expert in the healthcare industry, with 29 years of experience in strategic leadership, nursing and international nurse recruiting. She will report to Scott L’Heureux, Jackson’s group president and CEO. Mr. L’Heureux leads several Jackson Healthcare companies based in Orlando, with more than 100 local Jackson associates that place thousands of healthcare professionals in all 50 states.
“Jackson Healthcare brings us the strength of one of the nation’s largest healthcare staffing organizations,” said Ms. Costantini. “We will leverage this to meet the tremendous market demand, and continue to excel as industry leaders.”
Avant Healthcare Professionals is not the only Jackson Healthcare company to provide executive search services. Jackson Healthcare is also parent company to Tyler & Co., which it acquired in 2013. Tyler & Co. specializes in recruiting leadership talent for healthcare, academic medicine, and health & life sciences organizations. Since 1978, the firm has placed thousands of C-suite executives, physician leaders and healthcare administrators for organizations that include health systems, hospitals, physician group practices and academic medical centers.
Recent M&A activity
Here’s a sampling of recent acquisitions taken from the Hunt Scanlon Media archives:
Russell Reynolds Associates Acquires Zygos Partnership
Russell Reynolds Associates acquired London-based Zygos Partnership, a U.K.-based board and CEO advisory firm. Founded by Julia Budd in 2002, Zygos Partnership specializes in the appointment of chief executives, chairmen, chief financial officers and non-executive directors for listed companies or …
Vaco Acquired by Private Equity Firm
Executive search firm Vaco was acquired by Stamford, CT-based private equity firm Olympus Partners. Founded in 2002 by Jerry Bostelman, Jay Hollomon, and Brian Waller, Vaco partnered with its first private equity partner, Quad-C Management, three years ago.
DES Recruitment and Miramar Global Executive Search Merge
DES Recruitment merged with U.K.-based Miramar Global Executive Search. John Hodge, founder and managing partner of DES Recruitment, became managing partner for Miramar. Miramar Global has forged a reputation serving U.S. multinationals in the Americas as well as across EMEA and Asia.
Heidrick & Struggles to Acquire Amrop Denmark, Creating Market Leader Position
Heidrick & Struggles entered into an agreement to acquire Amrop Denmark. The deal is estimated at $8.4 million, according to a filing with the U.S. Securities and Exchange Commission. All five Amrop Denmark partners joined Heidrick’s Copenhagen office.
Sheffield Haworth Acquires NBI Consulting
London-based executive recruitment firm Sheffield Haworth acquired nbi Consulting, a specialist global executive search and talent management firm in the business and professional services sector. As part of the acquisition, nbi became part of Sheffield Haworth’s global business and professional services practice.
Prodigy Sports Acquires Ascension Sports Partners
Freehold, NJ-based Prodigy Sports, a nationwide leader in top-level sports recruiting, acquired Ascension Sports Partners, a boutique search firm led by veteran recruiter Dan Rossetti. Financial terms of the deal were undisclosed.
DHR International Acquires Fashion Boutique Search Firm Cooper+Logan
DHR International acquired boutique executive search firm COOPER+LOGAN. With the addition of two new managing partners, the acquisition strengthened DHR’s retail/fashion industry and functional expertise.
Ward Howell Continues U.S. Expansion With Acquisition
Global recruiter Ward Howell International 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.
Options Group Acquires MCL Search
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.
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