November 23, 2015 – Dubai-headquartered executive search and management advisory firm Metin Mitchell & Company has acquired Russian search firm Chuvaev Consulting. Financial terms of the deal were not disclosed. The acquisition will allow Metin Mitchell to extend its client coverage to Russia, Ukraine and the Central Asian Republics in addition to its current reach in the Middle East and North Africa.
Chuvaev Consulting is a human resources boutique that offers executive search and management assessment to a wide array of industries.
“We are delighted to welcome Maxim Chuvaev and his team in to our firm,” said Metin Mitchell, managing partner. “I have known and worked with Maxim for over 20 years and greatly value his market knowledge and skill in recruiting and advising business leaders across a wide range of sectors including advanced technology, manufacturing and the automotive industries.”
“I am honored to bring my firm’s knowledge and expertise to Metin Mitchell & Co and greatly respect its focus on serving clients and nurturing relationships based on trust, ethics and reliability,” said Mr. Chuvaev. “I look forward to working with Metin Mitchell and his team to bring tailor made talent management solutions to a wide range of clients across the Middle East, North Africa, Russia, Ukraine and Central Asia.”
In September, Metin Mitchell expanded its staff with the addition of Muna Awwadova as a senior client partner. She has a particular remit for extending the firm’s capabilities in the life sciences, industrial and public sector sectors.
There’s been increasing M&A activity in the executive recruiting field in recent months, including AMN Healthcare Services signing an agreement to acquire healthcare-focused executive search firm B.E. Smith, Options Group acquiring Whitney Correlate’s business, Heidrick & Struggles acquiring Co Company and Korn Ferry entering into a definitive agreement to acquire Hay Group.
Contributed by Dale M. Zupsansky, Managing Editor, Hunt Scanlon Media