April 26, 2022 – MitchelLake Group, a Sydney-headquartered provider of executive search, consulting and advisory solutions for digital business and transformation, has acquired Tyzack Partners, an international executive search firm based in Sydney. London. Financial terms of the deal were not disclosed. The merger strengthens the MitchelLake Group’s global executive search offerings, particularly for board and advisory roles, while expanding the company’s presence in Europe and the UK. the executive search industry, allowing us to provide a competitive advantage to our clients,” said Jonathan Tanner, Founder and CEO of MitchelLake Group. “We are extremely excited to strengthen our global board search and advisory offering to our clients. This includes building an important bridge of relationship with the UK and Europe, where Tyzack’s history, networks and connections run very deep.
“We will leverage Tyzack’s network and experience in various sectors, particularly in leisure, hospitality, retail and media – areas that offer great synergy with our expertise in business and digital transformation,” said Tanner. “We are confident that through this acquisition, MitchelLake will expand its ability to support technology scaling companies that positively impact global industries and continue to deliver the highest standards of leadership excellence.”
Tyzack Partners has 65 years of executive search experience for public and private sector companies, with a project completion rate of over 95%. The company has expertise in sectors such as leisure, hospitality, information, communication and entertainment, private equity, consumer goods and technology. The acquisition of Tyzack Partners will also allow David Dumeresque and Neal Wyman, both Tyzack senior partners, to continue to support and advise the team while remaining with the business.
“We can now offer our services in the Asia-Pacific region, driving innovation across multiple industries and markets,” said Dumeresque. “This acquisition will allow us to access MitchelLake’s geographic and industry expertise in the digital space, as a key growth engine in the business landscape, as well as provide our clients with access to a new frame of frames.”
MitchelLake is a global provider specializing in executive search, specialist recruitment and integrated talent solutions for innovation adventures, from start-ups to global brands. The company supports global growth companies through its operations in Sydney, San Francisco, Melbourne, Singapore, New York, London and the Gold Coast. Over the past 20 years, MitchelLake has successfully placed specialist leaders and functional leaders on 3,000 projects in 21 countries.
Acquisitions and consolidations continue to make headlines in the recruiting industry, with a number of notable purchases in recent months. Here is an excerpt from the Hunt Scanlon Media archives:
Diversified Search Group (DSG), a leading search firm backed by private equity firm ShoreView Industries, has acquired Alta Associates, a research firm based in Flemington, New Jersey, founded by Joyce Brocaglia, specializing in cybersecurity, IT risk management and data confidentiality. Greenwich, Connecticut-based Hunt Scanlon Ventures facilitated the introduction and transaction between the two organizations. “This is a strategic acquisition that will significantly enrich our business offering in a key area that touches every customer we serve,” said Aileen Alexander, CEO of Diversified Search Group. “Cybersecurity, data privacy and resilience are top priorities for boards and senior management across all sectors of our economy.
Excel Sports Management, an industry-leading sports agency, has agreed to acquire sports and entertainment executive search firm Nolan Partners. London-based Nolan Partners will continue to be led by Managing Director Paul Nolan and Chairman Chad Biagini while operating as a new vertical within Excel’s properties division. Primarily focused on executive and board positions, Nolan Partners works globally with clients ranging from sports teams, governing bodies, professional leagues, venues, agencies, broadcasters and other sports companies. The firm also has a performance practice which focuses on the placement of general managers/athletic directors, sports physicians, sports scientists and recruitment specialists.
True, a global executive talent management platform based in Haddonfield, New Jersey, has acquired climate technology and sustainability executive search firm Hobbs & Towne, Inc. (HTI). Led by Andy Towne and Bob Hobbs, HTI will continue to serve its customers and deliver a greater range of capabilities under True. Admittedly, one of the fastest growing search companies of the past decade, reported global revenues of $116.5 million last year. The company ranked #7 in the Hunt Scanlon Top 25. Hobbs & Towne ranked #24 and was crowned the fastest growing research company of the year, posting a growth rate of 59%.
ZRG Partners, a leading research firm backed by private equity firm RFE Investment Partners, has acquired boutique strategy consulting firm Brimstone Consulting Group LLC. Financial terms of the deal were not disclosed. “The complementary nature of our business has made Brimstone an obvious partner for ZRG as we continue to expand our portfolio of talent advisory solutions,” said Larry Hartmann, CEO of ZRG. “Further ensuring a new CEO succeeds with Brimstone’s proven process will create a new paradigm for CEO transitions.”
Korn Ferry has entered into a definitive agreement to acquire Lucas Group. “This combination is the right decision at the right time,” said Korn Ferry CEO Gary D. Burnison. “Today’s work landscape is changing before our eyes – people working anywhere, anytime, anywhere. Professionals move. Baby boomers are retiring and career nomads are looking for change – early and often. We take this opportunity to help our clients find the right talents who are highly agile with specialized skills and expertise to help them drive superior performance.
Related: Hunt Scanlon Media launches M&A advisory service for recruiters
Contributed by Scott A. Scanlon, Editor; Dale M. Zupsansky, editor; and Stephen Sawicki, Editor – Hunt Scanlon Media