May 26, 2022 – As the war for talent reaches epic proportions, private equity firms are banking on recruiting, developing and retaining high-performing leaders who drive returns. Middle-market private equity investor HKW has partnered with Chicago-based executive search firm DHR Global to optimize talent with the goal of accelerating the value creation process and continuing to deliver strong performance in its funds. The relationship began in 2018 with a series of portfolio company searches and has recently expanded to include talent due diligence assignments, executive coaching of key leaders and advice to optimize team performance.
“The range and complexity of the work we have done for HKW in executive search, executive coaching and team performance means we understand HKW’s approach to value creation at a deep level. , and we can act faster and more effectively to help them get the results they want,” said Christine Greybe, President of DHR Global. “We look forward to many years of working with HKW and the management teams they have invested in.”
“We were able to rely on the professionals at DHR to help us identify talent drivers of value during due diligence,” said Mike Foisy, President of HKW. “They’ve also helped us find a series of capable executives to help run the companies once they’re in our portfolio.” To date, DHR has recruited leadership talent for five of HKW’s portfolio companies.
The combination of executive search work and leadership consulting work has been particularly valuable to HKW, the company noted. “We know that ultimately we invest in leadership teams, and DHR has a proven track record of helping us build strong teams and keep them performing at a high level of productivity,” said Ted Kramer, CEO from HKW.
Invest in profitable middle market companies
HKW is an Indianapolis-based private equity firm that invests in profitable mid-market companies in North America. The company is built on a history of over 100 years and enjoys a solid reputation for integrity. Its main partners have worked together for years, sharing a vision of creating value for our investors, companies and employees.
HKW targets companies in the technology, health and wellness, and business services sectors. Since 1982, the company has sponsored 66 lower-middle-market business platform transactions across North America and 72 follow-on acquisitions.
DHR Global Expands Advisory Services Unit and Appoints President
DHR Global has expanded the offerings of Elevate Partners, its talent advisory business, to include six service areas aimed at helping clients build strong and effective teams. The firm has also appointed Christine Greybe as chair of its advisory unit. She will lead the relaunch of Elevate Partners.
Elevate Partners was originally launched in 2016 to provide leadership assessment, succession planning and executive onboarding advisory services. The company’s expanded range of offerings now includes: management succession planning, team effectiveness, executive coaching, cultural accelerator, private equity due diligence and Evaluation. All service offerings are led by the Elevate Partners team who bring over 40 years of collective experience in leadership development, succession planning and assessment.
Since 1989, DHR Global has been a leading private provider of executive search solutions with over 50 wholly owned offices worldwide. The firm’s consultants specialize in all industries and functions, offering executive search, management assessment and succession planning services tailored to the qualities and specifications of its clientele.
Ms Greybe joined DHR in 2004. In addition to her new role, she is President of the recruitment business. She spearheaded overseas growth, established and expanded operations in Asia Pacific and the Middle East, and led the company’s growth in Europe and Latin America. She was appointed President in 2009 and Head of International in 2018.
Related: DHR International Adds Managing Partner to Focus on Corporate Business
Contributed by Scott A. Scanlon, Editor; Dale M. Zupsansky, editor; and Stephen Sawicki, Editor – Hunt Scanlon Media