ZRG Partners Acquires Assets of Precita Placements
February 11, 2022 – ZRG Partners, a leading search firm backed by private equity firm RFE Investment Partners, recently agreed to purchase certain assets of Precita Placements, and as part of the transaction has added Lauren Argenti Rawlings as managing director in its technology practice. “We were drawn to Lauren and the Precita team because of their success in placing diverse and often undiscovered talent, along with their fantastic client retention,” said Larry Hartmann, ZRG chief executive officer. “Lauren’s network in both VC-backed and larger Fortune 1000 companies will accelerate the work we are doing across the technology sector for ZRG.”
Ms. Argenti Rawlings founded Precita in 2019 and built an executive recruiting boutique helping clients land top diversity candidates across industries and functions. Her firm’s past clients include Google Cloud Platform, Sonos, Patreon and Intuit. Her entire recruiting career has focused on placing diversity candidates in fast-growing companies.
“It is an exciting time for Precita to be joining forces with ZRG,” said Ms. Argenti Rawlings. “With the firm’s global reach and next generation digital search tools on the Zi platform, we will have a much broader impact than we ever could operating on our own. I’m looking forward to collaborating with the firm’s all-star team in the DEI, HR officer, life sciences, technology and board services practices.”
Related: ZRG Names Chief Revenue Officer
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.
Recruiting Entrepreneur Makes Seven-Figure Investment in ZRG
ZRG, a leading search firm backed by private equity firm RFE Investment Partners, has elected Hamilton Bradshaw CEO James Caan to its board of directors. Mr. Caan has made a personal seven-figure investment in the company. “We are thrilled to add James Caan to our board of directors,” said CEO Larry Hartmann. “He brings a global aspect to our board that is important as we continue our expansion. James will be a valuable resource to me in my role as CEO as someone who has successfully grown and scaled a global recruitment business. I look forward to his involvement in our future growth.”
ZRG recently acquired boutique strategy consulting firm Brimstone Consulting Group LLC. Based in Camden, ME, Brimstone is a specialist consulting firm which partners with clients in building a strategy blueprint for rapid CEO success after leadership transitions. Brimstone’s methodology aligns leadership goals with business capabilities at all levels. The firm’s key focus areas include business acceleration; change enablement; culture change; executive coaching; leadership development; leadership team alignment; organizational alignment; diversity, equity & inclusion; and post-merger execution.
Facilitated by Hunt Scanlon Ventures
ZRG made one of its largest acquisitions last year, acquiring Walking the Talk, a consulting and advisory firm focused on culture transformation. Hunt Scanlon Ventures, based in Greenwich, Conn., facilitated the introduction and transaction between both organizations. Walking the Talk, headquartered in Amsterdam, specializes in enhancing performance results by aligning culture with strategy. Since the company was established 11 years ago, culture has landed firmly on the agenda of most executive teams and boards of directors. “Hiring top talent that aligns with a client’s culture objective has been a key success factor for ZRG,” said Mr. Hartmann. “With the addition of Walking the Talk, we will expand our consulting and talent solutions capabilities, helping our clients address challenging topics like change management and culture transformation.
“It used to be that organizations synchronized their leadership to corporate vision, mission, core values, and strategic objectives,” said Scott A. Scanlon, CEO of Greenwich, Conn-based Hunt Scanlon Ventures. “But in the wake of COVID-19, permanent, systemic changes to the workplace have forced a more holistic approach built around culture. This acquisition is a big bet on the coming realignment.”
Related: ZRG Appoints Global Head of Financial Services
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; and Stephen Sawicki, Managing Editor – Hunt Scanlon Media
