PE-Backed Tandym Group Acquires Longford & Company.

PE-Backed Tandym Group Acquires Longford & Company.

in 2022 August 5 — Tandym Group, a recruiting, contracting, consulting and workforce solutions firm, has acquired Longford & Company, a Boston-based technology consulting and executive search firm. Financial terms of the deal were not disclosed. Tandym is backed by Mill Rock Capital, a growth and performance-oriented private equity firm that invests in well-positioned industrial companies in North America. “Longford has an excellent reputation in life sciences,” said Larry Dolinko, CEO of Tandym. “As well as having great industries, Longford is committed to providing exceptional customer service through a touch, highly personalized approach.

“We are incredibly excited to be joining forces with Tandym,” said Sean McCourt, founder and managing director of Longford. “Tandym is aligned with our commitment to superior service, integrity and creating value for our clients or candidates.” With Tandym’s infrastructure and extensive service offering, we will be able to offer our partners customized solutions on a larger scale and national level.

Longford provides technology consulting and executive search services, primarily to clients in the life sciences, pharmaceuticals and other industries. The acquisition further increases the scale and scope of Tandym Tech, Tandym’s technology vertical, and follows Tandym’s acquisition of Metro Systems. This partnership with Tandym will give customers in Longford access to a wider range of services and expanded options.

Charles Heskett, Executive Chairman of Tandym and Senior Partner at Mill Rock Capital, said: “Longford’s deep connections in the life sciences industry in Boston and New England will lead to a commercial collaboration with Tandym in the life sciences vertical. We are very excited about the expanded scope of services that the combined platform can offer to the life sciences industry as a whole.

Tandym Group (formerly The Execu|Search Group) serves clients in a variety of industries including healthcare, technology, life sciences and professional services (including accounting, financial services, HR and/or people and operations and legal).

Great Mill Rock LLC dba Mill Rock Capital is a growth and performance oriented private equity firm that invests in well positioned middle market industrial companies in North America. Founded by Christopher Whalen and Adi Pekmezovic, Mill Rock Capital is purpose-built to invest in family businesses, owner-operators and founder-led companies across six industry verticals. Key sectors include chemicals, materials and packaging; industrial distribution; services; metals and engineering materials; transportation and logistics; and special manufacturing and industrial technologies.

Recent acquisitions

Acquisitions and consolidations continue to be the news in the recruitment industry, and there have been a number of significant acquisitions in recent months. Here’s an example from the Hunt Scanlon Media archives:

Arthur J. Gallagher & Co., one of the world’s largest consulting and risk management firms, has acquired global recruitment firm Frederickson Partners. Frederickson Partners has offices in a dozen US cities, including San Francisco, New York, Dallas, Chicago, Los Angeles and Nashville, and serves global technology hubs in London, Berlin, Paris, Mexico City, Bogotá, Seoul and São Paulo. . Founder Valerie Frederickson and her team will continue to work under the direction of Scott Hamilton, global managing director, human resources and compensation consultant for Gallagher’s employee benefits consulting and brokerage operations. “Frederickson Partners will expand Gallagher’s executive search capabilities across all industries and provide us with significant opportunities for collaboration and growth,” said J. Patrick Gallagher, Jr., chairman, president and CEO. “I am delighted to welcome Valerie and her team to our growing, global company.”

Diversified Search Group (DSG), a leading search firm backed by private equity firm ShoreView Industries, has acquired Alta Associates, a Flemington, NJ-based search firm founded by Joyce Brocaglia, specializes in cybersecurity, IT risk management and data privacy. Hunt Scanlon Ventures, based in Greenwich, Conn., facilitated the onboarding of both organizations and the transaction. “This is a strategic acquisition that will greatly complement our business offering in a core area that touches every client we serve,” said Aileen Alexander, CEO of Diversified Search Group. “Cyber ​​security, data privacy and resilience are top priorities for boards and senior executives in every sector of our economy.

Industry-leading sports agency Excel Sports Management has agreed to acquire sports and entertainment executive search firm Nolan Partners. London-based Nolan Partners will continue to be led by CEO Paul Nolan and President Chad Biagini, with Excel as a new vertical within the property division. With a focus on senior management and board roles, Nolan Partners works globally with clients including sports teams, governing bodies, professional leagues, venues, agencies, broadcasters and other sports business organizations. The firm also has an operational practice that focuses on the placement of General Managers/Sports Directors, Sports Medicine, Sports Science and Recruiting.

Haddonfield, NJ-based True, a global executive talent management platform, has acquired climate technology and sustainability executive search firm Hobbs & Towne, Inc. (HTI). HTI, under the leadership of Andy Towne and Bob Hobbs, will continue to serve its customers and provide more opportunities under True. Indeed, one of the fastest-growing search companies of the past decade reported global revenue of $116.5 million last year. The company Hunt Scanlon took 7th place in the Top 25 ranking. Hobbs & Towne ranked 24th and was crowned the fastest-growing search firm of the year, reporting a growth rate of 59 percent.

ZRG Partners, a leading search 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 businesses made Brimstone an obvious partner for ZRG as we continue to expand our portfolio of talent consulting solutions,” said ZRG CEO Larry Hartmann. “Continuing to ensure that the new CEO succeeds with Brimstone’s proven process will create a new paradigm for the CEO transition.”

Korn Ferry has entered into a definitive agreement to acquire Lucas Group.. “This combination is the right move at the right time,” said Korn Ferry CEO Gary D. Burnison. “Today’s work landscape is changing before our eyes – people work anywhere, everywhere, anytime. Professionals move. Boomers are retiring and career nomads are looking for change – early and often. We take this opportunity to help our clients find the right talent that is highly agile, with the specific skills and experience to help them achieve superior performance.

Related: Hunt Scanlon Media Launches Recruiter M&A Advisory Service

Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, managing editor; and Stephen Sawicki, Editor-in-Chief, Hunt Scanlon Media

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