June 3, 2019 – Executive search firms Profectus and Excel Search Group have joined forces, bringing together more than 35 years of combined business experience. Immediately after the close of the transaction, both leadership teams will be combined under the Profectus brand.
Excel Search Group is a Houston-based business advisory and executive search firm with a solid portfolio of new and existing clients throughout Texas, including several Fortune 500 companies. With the addition of Excel Search Group, Profectus will have the ability to expand its international presence and industry portfolio.
“People are your most important resource,” said Gilbert Alba, president of Excel Search Group and now CEO of Profectus. “Having a marketable product or service, and having efficient processes are extremely important. But without exceptional people to execute these plans and strategies, you won’t have a successful business. This is why the merger of both firms made sense.”
“In today’s world, technology continues to grow and drive many company initiatives,” he said. “But if you plan on moving your business forward, or achieving long lasting business success, human capital needs to be at the top of the list.”
Aaron Stewart, president of Profectus, described the merger as “a perfect match for our desired integrated platform.” He said: “We are excited about the possibilities to continue to expand throughout North America. We formed Profectus with the objective to strengthen our position in the marketplace and provide a national platform to better serve our clients and candidates.”
“We are well-positioned for this next stage of growth and footprint expansion,” Mr. Stewart said. “Gilbert and I are very excited about the opportunity to work together again and continue helping companies grow and hire the brightest people.”
Headquartered in Houston, Profectus has more than 25 years of dedicated experience helping privately-held and Fortune 500 Companies throughout the U.S. The firm provides search services to the oil /gas, energy, manufacturing, engineering, construction, real estate and investment banking industries.
Partnerships and Mergers
Executive search firms have seen a rise in partnerships and mergers in recent months. Here’s a look at a few from the Hunt Scanlon Media archives:
London-based SpenglerFox and Cowley Brown Recruitment, located in Dublin, formed a strategic alliance aimed at growing and expanding both firms’ search business in Ireland. The alliance will target the retained executive search business in the Irish market with an initial focus on C-suite roles in life sciences and related sectors.
Toronto-based Caldwell is partnering with Hattonneale, a Sydney-based executive search firm. Under the affiliation agreement, Hattonneale will represent Caldwell in Australia and drive further growth into key practice sectors and geographies across Australia/New Zealand and the Asia Pacific region.
Search firms College Sports Solutions and Buffkin / Baker formed a new partnership. Under the strategic alliance, the two firms will combine their executive search services to better serve universities and colleges, intercollegiate conferences and collegiate athletic organizations.
San Francisco-headquartered Riviera Partners has merged with Alpha Advisors, a boutique search firm specializing in senior information technology and quantitative talent for financial services and technology clients. Its founder and executive search veteran Jeff Campbell has joined Riviera to drive continued expansion.
FaithSearch Partners, an executive search firm for faith-based organizations, has merged with Halftime Talent Solutions, a recruitment firm that serves mission-motivated non-profit and for-profit clients. The union creates a wider resource base through their combined networks.
Executive recruitment firm RM Nephew and Associates has formed a partnership with Cronin Partners International Search, an executive search firm headquartered in Dublin. “Having a trusted partner based in Ireland will enable us to significantly improve our offerings to clients with needs in the European and international markets.”
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; Stephen Sawicki, Managing Editor; and Andrew W. Mitchell, Managing Editor – Hunt Scanlon Media