DHR Strikes Deal to Buy CTPartners Assets
ByExperience GlobeSt.com’s new dedicated city pages, including Austin, Atlanta, San Diego and Boston. Plus, to get our weekly digests, update your profile.
The value system and culture of the two firms align well, says Hoffman.
CHICAGO—Executive search firm DHR International, headquartered here, has agreed in principle on non-binding terms to acquire selected assets of CTPartners Executive Search Inc. Deal terms were not disclosed; the announcement comes four months after DHR first made an unsolicited bid for New York City-based CTPartners.
“We’re very excited about welcoming CTPartners employees and clients to DHR,” says DHR CEO Geoffrey Hoffmann. “This process has been performed with extensive diligence and more than 200 phone calls between employees of both firms.” The two companies entered a period of exclusive negotiations in May…
