ZRG Names Managing Director of Consulting Solutions
August 7, 2024 – ZRG, a global talent advisory firm and portfolio company of RFE Investment Partners, has appointed Grant Hartanov as managing director of consulting solutions. “Grant’s extensive experience in digital transformation, strategy, and his background in addressing high-stakes global challenges make him an invaluable addition to our team,” said Larry Hartmann, CEO of ZRG Partners. “We are confident that Grant will contribute significantly to our mission of delivering exceptional consulting and advisory solutions to our clients.”
Mr. Hartanov most recently served as vice president of digital transformation and leader of Sprinklr’s global strategy consulting team. At Sprinklr, he played a key role in optimizing the company’s go-to-market strategy and provided strategic advisory services to C-suite executives on digital transformation. His career also includes a significant tenure at Marriott International, where he led strategy and innovation for the company’s loyalty program, Bonvoy. Mr. Hartanov’s previous experience at Deloitte Consulting’s strategy practice, monitor, involved leading diverse teams and advising Fortune 100 C-suite executives on strategy and culture transformation.
Earlier in his career, Mr. Hartanov dedicated nearly a decade to the U.S. Government, working within the Special Operations and Intelligence Communities. His work in this domain addressed some of the most complex global security challenges.
“I am thrilled to join ZRG at this exciting juncture because the firm offers a truly differentiated consulting experience,” said Mr. Hartanov. “ZRG’s unique blend of best-in-class consulting solutions, coupled with executive search, interim solutions, and RPO, creates a comprehensive offering that is poised to drive significant growth. I am eager to integrate and scale our current consulting offerings while collaborating with the broader ZRG team to develop a matrixed and strategic go-to-market approach that will further enhance our value proposition and impact for our clients.”
ZRG, founded in 1999, is a mid-sized global executive search firm and one of the fastest growing in the search industry. It provides a full suite of executive, middle management, and customized search solutions through its offices in North America, Europe, South America, and Asia. The firm finds leaders across a broad spectrum of business markets, including aerospace, consumer, education, healthcare services, and solutions, industrial, life sciences, non-profit, private equity and venture capital, and technology. ZRG is based in Rochelle Park, NJ.
Recent Funding
ZRG recently completed a $120 million debt raise with Main Street Capital, underscoring the firm’s commitment to growth and its mission to be a disruptive force in the talent advisory and executive recruiting sector. “This significant funding will bolster ZRG’s growth initiatives and enhance its ability to deliver innovative talent solutions to clients worldwide,” the firm said.
Related: ZRG Acquires Wiser Partners
“It is a great time to acquire niche talent advisory and management businesses and build out our capabilities across executive search, interim, RPO, and consulting,” said Mr. Hartmann. “This additional financing from Main Street Capital, combined with our recent equity raise with a consortium of investors, positions us strongly to achieve our strategic objectives.”
Inside The Deal: CEO Larry Hartmann Opens Up On ZRG’s Latest Strategic Acquisition
Larry Hartmann is a seasoned veteran of the people business. As the chief executive of ZRG, he leads one of the fastest growing, global talent management hubs in the human capital sector. It wasn’t always this way. Larry founded ZRG 24 years ago on the core principle of building a better recruiting platform. Simple enough. Today, that vision has extended to a $230 million data-driven suite of talent and consulting offerings, including culture transformation, leadership assessment, executive coaching, strategic communications, RPO, and interim solutions.
“This latest round of financing will play a crucial role in supporting ZRG’s ongoing growth strategy,” said Scott A. Scanlon, CEO of Hunt Scanlon Ventures. He said the company plans to leverage the capital to continue acquiring high-quality businesses that complement its existing capabilities and continue to hire top talent to drive further growth. “Given the difficult environment we are in, this is an impressive achievement and a testament to the strength of ZRG’s platform,” said Mr. Scanlon.
This latest round of financing will play a crucial role in supporting ZRG’s ongoing growth strategy. The firm plans to use the capital to continue acquiring high-quality businesses that complement its existing capabilities and continue to hire senior talent to drive further growth.
The $120 million debt financing follows closely on the heels of ZRG’s recent equity raise managed by RFE Investment Partners, ZRG’s primary financial sponsor, further solidifying the firm’s financial foundation and capacity for expansion.
Related: ZRG Partners’ Swift and Strategic Road to Expansion
Contributed by Scott A. Scanlon, Editor-in-Chief and Dale M. Zupsansky, Executive Editor – Hunt Scanlon Media
