McDermott & Bull Acquires Denver-based Prime-Core Executive Search

McDermott & Bull Acquires Prime-Core Executive Search

February 21, 2018 – Acquisitions continue to make news in the recruiting industry and recent activity appears to be carrying over into 2018. McDermott & Bull has acquired Denver-based Prime-Core Executive Search. Ken Dropiewski, as a result, joins the firm as a principal consultant in the sciences group, specializing in the med-tech space.

“The addition of Ken to our firm is a huge win for McDermott & Bull,” said CEO Rod McDermott. “As we broaden our footprint and expand into new markets, it’s imperative for us to maintain our focus on the diverse and unique needs of our clients. The only way to do that is to make sure that we have the right team in place, and Ken’s extensive experience in Med-Tech and impressive record in placing top talent at leading companies make him the ideal partner to our clients.”

Mr. Dropiewski operated Prime-Core Executive Search for over a decade. He has worked in all areas of medical device and biotech, but is especially known for his expertise spanning over 20 years in the cardiac, interventional and vascular niche. During his tenure as a search consultant, he has partnered with healthcare companies like Medtronic, Abbott and Abiomed, as well as numerous high-growth start-ups and mid-cap companies to place key contributors and build dynamic teams. Prior to his search career, Mr. Dropiewski worked at healthcare giants Boston Scientific and Johnson & Johnson and is current president of the Rocky Mountain Association of Recruiters.

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“I couldn’t be more thrilled to join such a world-class retained search firm as McDermott & Bull,” said Mr. Dropiewski. “Rod and the McDermott & Bull team share my vision of superior service and execution to solve the most challenging hiring needs for top-tier organizations. This acquisition allows me to amplify my practice and the focus I’m giving to executives and investors in the med-tech space.  I look forward to working with the other consultants in the McDermott & Bull Life Sciences Group to increase our effectiveness across the country and beyond.”

McDermott & Bull is the 29th largest executive search firm in the Americas, where it serves clients in the technology, financial services, manufacturing, biotech & life sciences, retail, and professional services sectors. The firm recently expanded into New York City. Stu Leibach, principal consultant and industry specialist within the firm’s retail practice, is based out of the new location.

Recent M&A activity

Acquisitions continue to make big news in the executive search industry and this wave appears to be carrying along into 2018. Here’s a sampling of recent acquisitions taken from the Hunt Scanlon Media archives:

Koya Leadership Partners Acquires Rework to Focus on Millennial Hiring
Non-profit search specialist Koya Leadership Partners has acquired New York-based recruitment firm ReWork and its sourcing platform technology. ReWork co-founder and CEO Abe Taleb joins Koya as a vice president, where he will help to …

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

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