November 13, 2017 – Acquisitions continue to make big news in the executive search industry. Just recently, fintech and change recruitment agency The Nicoll Curtin Group acquired cybersecurity recruitment firm BeecherMadden. Financial terms of the deal were not disclosed.
BeecherMadden focuses on executive level searches for the corporate governance, resilience and security, and digital and niche technology markets. Founded by CEO Karla Jobling, the firm has offices in London and New York.
Ms. Jobling has experience recruiting CEO level executives across a variety of industries. Her specialties include: Compliance; risk; governance; security; cyber; strategy; operations; interim; executive search; in-house and internal recruitment solutions.
“I couldn’t be more thrilled to be working with Karla who is an inspirational leader,” said James Johnson, CEO of The Nicoll Curtin Group. “Integrating BeecherMadden’s experienced team will further accelerate our growth plans to be a global leader in technology recruitment.”
Ms. Jobling said the deal allows for BeecherMadden to expand more quickly. “This is a great next step in the continued development for BeecherMadden. With the support of Nicoll Curtin, we will be able to expand quicker, while working with our shared values of putting our customers and people first,” she said. “The acquisition means we can immediately start servicing clients in Zurich and Singapore, as well as our existing strong holds of London and New York.”
Earlier this year, Paul Annis also joined The Nicoll Curtin Group to launch Purple Halo, a new niche digital tech recruitment agency. The Nicoll Curtin Group’s brands now include Nicoll Curtin Technology, Purple Halo and BeecherMadden.
Recent M&A activity
Executive search firms have seen a rise in mergers and acquisitions in other sectors as well. Activity, in fact, seems heightened across the board:
Executive search firm DES Recruitment has merged with U.K.-based Miramar Global Executive Search
DES Recruitment has merged with U.K.-based Miramar Global Executive Search. John Hodge, founder and managing partner of DES Recruitment, will become managing partner for Miramar.
Gibson Consultants has merged with its affiliate, Enterprise Recruiters, a recruiting firm also focused on digital health companies
The combined company, which will keep the Gibson Consultants name, has also opened an additional office in Wilmington, NC.
Grace Point Partners and BraddockMatthews have merged
The joint firm will continue to serve clients across traditional and alternative asset management, including hedge fund, private equity, endowment and foundation, and family office organizations. The firm will be known as BraddockMatthews
DHR International has acquired COOPER+LOGAN
With the new managing partners, the acquisition strengthens DHR’s retail/fashion industry and functional expertise. COOPER+LOGAN specializes in the selection of senior-level design and, merchandising.
Ward Howell International has 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.
Global financial recruiting firm Options Group acquired MCL Search Ltd
A London based firm specializing in electronic markets (trading and distribution), prime brokerage/ clearing and financial trading technology with a focus on currencies and fixed income.
Focus Search Partners has acquired Taylor Winfield
With the acquisition, FSP gains a team of professionals with enterprise operating experience across industries including Internet/ digital media, technology/ SaaS software, consumer/ retail/ food service and business services.
ZRG Partners acquired life sciences firm HM Long Global Partners
As part of the asset acquisition agreement, Helga Long, formerly the chair and CEO of HM Long/ RSVP Group, joined ZRG Partners. Ms. Long is considered one of the world’s top executive search professionals in life sciences.
Jordan Search Consultants, a recruiting firm focused on the healthcare acquired Health Search New England
a recruiting firm focused on the healthcare, executive and higher education sectors, has acquired Health Search New England, a search firm specializing in the recruitment of healthcare providers.
Acertitude acquired Los Angeles-based Olive Avenue Search Partners
Olive Avenue’s founders, Gwen Sabo and Joann Maciejewski, bring deep expertise in the development of research capabilities, training and development, and identifying and engaging top talent.
Torch Group acquired Selker Leadership
A search firm that places candidates in the technology and software fields. Selker Leadership’s president, Gregory L. Selker, will join Torch Group as senior vice president and executive search operations leader.
Buffkin/ Baker recently merged New York-based WTW Associates into its expanding executive recruiting platform
WTW, a talent provider focused on the media, entertainment, technology and law industries, will integrate its operations into the Buffkin/ Baker New York office.
U.K.-based Hydrogen Group acquired Argyll Scott for £3.3 million
Together, the combined firms will deliver recruitment services across multiple functions, industries and countries. The acquisition allows Hydrogen to accelerate international growth plans and benefit from greater strength and depth in the London market.
Walter James acquired Euromedica Executive Search Limited.
Walter James operates in the life sciences sector with a focus on global enabling units. The acquisition positions the search firm to offer end-to-end specialist service across the entire life sciences value chain.
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