With a global workforce that is changing in complexity and as people are undergoing a massive transition period, HR is now performing a gatekeeper role more than ever before. Which makes this latest acquisition even more important. Hunt Scanlon Ventures is entering into the latest M&A transaction in executive search.
May 24, 2022-Acquisitions continue to make news in the recruiting industry, with some notable purchases in recent months. Today, Arthur J. Gallagher & Co., one of the largest consulting and risk management firms in the world, has acquired global HR search firm Frederickson Partners. Frederickson Partners has locations in a dozen cities across the U.S., including San Francisco, New York, Dallas, Chicago, Los Angeles and Nashville, and also serves global tech hubs in London, Berlin, Paris, Mexico City, Bogota. , 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 consulting for consulting on Gallagher’s employee benefits and brokerage operations.
“Frederickson Partners will expand Gallagher’s executive search capabilities across all industries and will offer us significant opportunities for collaboration and growth,” said J. Patrick Gallagher Jr., chairman, president and CEO. “I’m excited to welcome Valerie and her team to our growing, global company.”
Related: Frederickson Partners Recruits Chief People Officer for Cartiga
Arthur J. Gallagher & Co., a global insurance brokerage, risk management and consulting services firm, is headquartered in Rolling Meadows, IL. The company has operations in 49 countries and offers client service capabilities in more than 150 countries around the world through a network of correspondent brokers and consultants.
Veteran HR Consultants
Founded in 1995, Frederickson Partners has completed more than 2,500 HR executive search and HR consulting engagements, according to the firm, maintaining relationships with more than 10,000 rising and established HR executives worldwide. The company specializes in placing chief human resources officers, chief people officers, talent acquisition leaders, and their high growth teams.
Related: Frederickson Partners Seeking Chief People and Inclusion Officers for Silicon Valley Second Harvest
Based in Menlo Park, CA, the search company is deeply rooted in the technology sector, with experience in biotech, clean energy, cloud and data storage, E-commerce, fintech, gaming, hardware, IoT, media, semiconductors , and telecommunications. Clients include Alphabet, Creative Artists Agency (CAA), Gartner, Gilead, Intel, Pinterest, Qualtrics, Roche, ServiceNow, StockX, The Nature Conservancy, Twitter, Uber, and Workday.
Changing the World, An HR Leader and a Time
Since civil rights activist Cezar Chavez came to speak to his class in second grade about the plight of farm workers, Valerie Frederickson has worked to help others improve their lives and, in the process, work for in a better world.
As a teenage child of parents committed to desegregation and diversity, Valerie spent her summers volunteering at an orphanage in Mexico. As a college student, he organized a series of career seminars for liberal arts majors, encouraging executives from top companies to go and speak and share their wisdom with students who there are no degrees that directly translate into business. And as founder and chief executive officer of Silicon Valley human resources and people executive search firm Frederickson Partners, he has built a reputation not only for finding great talent but for his commitment to diversity and inclusion, both on the lists of candidates he will present and within his own Menlo Park, CA-based company. Read more>
Ms. helped. Frederickson with hundreds of companies over the past 20-plus years that have developed and improved their human resources organizations. HR executives and C-level executives often seek his guidance and advice when reorganizing their HR functions. He has conducted confidential, replacement, and upgrade searches of HR executives, and placed HR leaders at companies such as C3 IoT, GE, Genentech, Mozilla, Qualtrics, and hundreds of others.
Other Acquisitions
Arthur J. Gallagher & Co. has acquired another executive search firm in recent years. In 2020, the organization acquired Optimum Talent headquartered in Montreal. The company’s Canadian team consists of more than 260 colleagues in 13 offices across the country, from Vancouver to Halifax. Worldwide, the company has a strategic partnership with the Career Star Group to deliver coaching, career transition and change management solutions.
Related: Diversified Search Group acquired Alta Associates
Optimum Talent is a provider of human resources consulting services with expertise in career management, career transition, coaching, executive search and organizational psychology. It works in three targeted segments: search solutions, leadership analysis and development, and career transition and outplacement. Ron Dahms, Mike Bacchus and their associates will continue to work from their current locations under the direction of Melanie Jeannotte, CEO of Gallagher’s benefit and HR consulting division in Canada, and Scott Hamilton, global managing director of human resources. and Gallagher’s compensation consulting practice.
Arthur J. Gallagher also acquired The Human Capital Group. “Gallagher’s mission, culture and values are consistent with The Human Capital Group’s – to provide value -based services to clients in a deliberate, respectful and high -integrity manner,” the search company said. Founded in 2000, Human Capital Group is an executive search and leadership consulting firm that assists clients within and around the world as they seek to find and grow change leaders. It has completed more than 800 searches for a wide variety of senior roles in many industries.
“Valerie has built a reputation not only for finding great HR talent but for her commitment to diversity, inclusion and ownership,” said Scott A. Scanlon, CEO of Hunt Scanlon Ventures. “It was a very good transaction for Valerie and her team and deservedly so.” Mr. Scanlon said HR is now recognized for its important strategic role on key issues facing companies, including growth strategy, M&A, restructuring, DE&I, cultural change, and board management. . “Human resources are more of a recruiting role,” he added. “With the global workforce changing in complexity and as people undergo a massive transition period, HR is now performing a gatekeeper role more than ever before.”
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Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; and Stephen Sawicki, Managing Editor – Hunt Scanlon Media