October 30, 2023 – Premier Staffing Solution has acquired the external staffing business of TTi Global, Inc. Financial terms of the deal were not disclosed. Included in the acquisition are client staffing contracts that will be transferred to Premier. The primary focus of the contracts is supporting large clients in the mobility sector and other industries in North America with temporary engineering, quality, and other technical talent. “We are excited to welcome our new employees and clients to the Premier family,” said Chris Ostrander, CEO and managing partner of Premier Staffing Solution. “As a veteran-owned company, we pride ourselves in providing our people new opportunities for growth and furnishing clients with world-class customer service in the staffing industry. Combined with our recent partnership with Macpherson Talent out of the U.K., our ability to serve the global footprint of our clients continues to improve.”
“Between the changing workforce demographic, post-covid job-hopping trends, and macro-economic pressures on staffing, this acquisition deepens our team’s breadth & depth and recruiting capacity to keep pace with the ever-changing needs of our clients,” said Blake Barton, president of Premier Staffing Solution. “The clients we are on-boarding are tremendous, and we look forward to partnering with them on all of our staffing products to support their growth.”
TTi Global is a global talent firm specializing in engineering and technical placements in 24 countries. “With the acquisition, Premier continues to rapidly grow its staffing services that include temporary staffing, direct hire staffing, management & executive placement, professional staff augmentation, and emergency staffing,” the company said.
Premier is a veteran-owned North American recruiting firm headquartered in Toledo, OH and founded in 2020. The firm provides recruiting solutions from staff augmentation, MSP staffing, temporary and emergency staffing and placement in skilled trades, and direct hire management and executive search services with its primary focus in manufacturing and supply chain.
Acquisitions and consolidations continue to make news in the recruiting industry, with a number of notable purchases in recent months. And it’s not just executive search firms. Technology-based outfits have also been in on the action. Here is a sampling from the Hunt Scanlon Media archives:
The Christopher Group, a boutique HR executive search and business solutions recruiting firm, has completed a letter of intent to acquire Six Summit Leadership, an executive coaching and leadership development firm. “We are extremely excited to continue to innovate and add value for our current and prospective clients,” said Nathaniel Schiffer, CEO of The Christopher Group. “This acquisition not only broadens our capabilities but also reinforces our dedication to assisting our clients in nurturing effective leadership and fostering positive change within their organizations. Equally important this acquisition will provide a physical presence in the mountain and western regions from which to build and nurture critical relationships.”
Corsica Partners has acquired Alora Search Partners and appointed its founding partner, Mary Langan as managing director and cybersecurity practice lead. “Alora Search Partners has developed a respected reputation serving public, VC and PE backed software, robotics, and cybersecurity firms,” said Dan Veitkus, managing partner and CEO of Corsica Partners. “Under Mary’s leadership, Alora has carved out a place among the most admired executive search boutiques and I’m delighted to welcome the Alora team, their clients, and candidates into the Corsica Partners’ family. With this acquisition, we extend our capacity to deliver exceptional C-suite talent across every major function of the enterprise.”
Leadership advisory firm Russell Reynolds Associates (RRA) has acquired Nvolv, a boutique leadership consulting firm serving CEOs and C-suite executives of global businesses. Financial terms of the deal were not disclosed. “Our acquisition of Nvolv represents a powerful opportunity for us to bolster our client offerings and further strengthen our preeminent position as leaders in C-suite leadership advisory services,” said Constantine Alexandrakis, CEO of Russell Reynolds Associates. “Bob and the entire Nvolv team have an enviable track record of building deep relationships and driving extraordinary results at the most senior levels of organizations, and we look forward to joining forces to increase the depth of both firms’ impact in advising and coaching C-suite executives, preparing the next generation of senior executives, supporting new leader integration, de-risking CEO succession, and aligning top teams to deliver on their transformation agendas.”
ZRG, a global talent advisory firm and portfolio company of RFE Investment Partners, has acquired Helbling & Associates, an executive search firm focused on real estate, facilities, and construction. Financial terms of the deal were not disclosed. “The addition of the Helbling team to the ZRG family will bolster our growing real estate practice,” said Larry Hartmann, CEO of ZRG. “We’ll have more resources for our clients, including support in the construction sector of the real estate industry. We are very excited to bring even greater depth and breadth of expertise to the companies we serve.” Helbling & Associates, based in Wexford, PA, was established in 1992 by Tom Helbling to meet the recruiting needs of construction contractors and real estate developers. As clients began referring the firm to their professional networks, Helbling’s client base expanded to entities with significant real estate assets and facilities management needs. Today, Helbling’s clients include institutions of education, healthcare, and research, as well as cultural and community organizations. The firm has completed search assignments in 43 states.
Stockholm, Sweden-based executive search firm Mercuri Urval (MU) has acquired German executive search firm Delta Management Consultants GmbH. Financial terms of the deal were not disclosed. “We are pleased to be acquiring such a longstanding firm with such exceptional colleagues,” said Richard Moore, CEO. “Together we will create even further value for both our clients. Today clients need effective, sustainable, and diverse leadership more than ever. Acquiring and improving leadership is the greatest challenge organizations face – and the only way they can sustainably outperform.” Founded in 1983, Delta Management Consultants has for over 30 years assisted clients in areas such as executive search, leadership advisory, management consulting, and more. Anja Schelte, J. Carlos Fernandes, and Stefan Koop, managing partners of Delta Management Consultants GmbH, said: “We look forward to a future together with Mercuri Urval. Our employees benefit from the company’s resources and global presence. Our clients can continue to count on the proven expertise and commitment of us, their longstanding advisors, but now with the added value and expanded capabilities that this strategic acquisition offers.”
Contributed by Scott A. Scanlon, Editor-in-Chief; and Dale M. Zupsansky, Managing Editor – Hunt Scanlon Media