TRANSEARCH International Acquires Asianet Consultants
August 7, 2023 – TRANSEARCH International has expanded its reach in Asia with the acquisition of Asianet Consultants, an executive search firm in Hong Kong with offices in Shanghai and Guangzhou. Hunt Scanlon Ventures served as a strategic advisor to Asianet Consultants. “We are delighted to welcome Mark and the team to TRANSEARCH,” said Celeste Whatley, CEO of TRANSEARCH. “Not only do their values echo our own, but their in-depth understanding of the China and Hong Kong markets and steadfast commitment to exceptional client service further solidify our global approach.”
“By partnering with Asianet Consultants, TRANSEARCH will be able to offer its clients a wider range of services and resources and better serve their human capital needs in Asia and around the world,” the firm said. “TRANSEARCH International’s global footprint, worldwide search capabilities, and its Orxestra hiring methodology combined with Asianet Consultants’ local market knowledge and executive relationships will provide clients with powerful business growth solutions.”
Asianet Consultants’ talent acquisition services include executive search and hiring of C-suite leaders, division heads, and middle to senior management for companies ranging from multi-nationals to local enterprises. The firm works with leaders at all levels to enhance their skills, engagement, and performance for sustainable success.
“Joining TRANSEARCH International, a company that shares our dedication to quality and client satisfaction, enhances our global service capabilities,” said Mark Geary, CEO of Asianet Consultants. “This partnership will provide our clients with access to a broader talent pool and a wide array of resources.”
Mr. Geary has been involved in the recruitment of senior international executives for over 30 years. Prior to joining Asianet, he held senior executive positions with major international companies such as ICI, Inchcape, and InterContinental Hotels. His experience extends throughout the international arena, particularly in the U.S., Europe, and Asia-Pacific regions. He has lived and worked in the U.K., Hong Kong, Taiwan, and Malaysia. Mr. Geary is the founder and joint president of the International Executive Search Federation, which has 130 offices in 40 countries.
TRANSEARCH is a global search firm with representation in all of the major economic capitals, with about 60 offices in over 40 countries. It was founded in 1982 and today completes more than 1,500 senior executive search assignments a year. Its global client base is in the financial services, technology, consumer and retail, life sciences, and industrial and resources sectors.
Recent Deals
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:
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.”
Related: Hunt Scanlon Media Launches M&A Advisory Service for Recruiters
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; and Stephen Sawicki, Managing Editor – Hunt Scanlon Media
