Eren Alan’s Post

It’s not uncommon for the deal team to go at it alone when trying to secure a business. When I say alone, I mean without a strong HR executive helping to manage and evaluate the people side of the transaction. The two most common reasons are: 1.     There may be no internal resource in place to help shepherd the acquisition over the finish line and into the integration phase and; 2.     If that person does exist they may be aware of the target but left out of the details to keep the circle as small as possible to minimize drag on the sellers and complex process. The results? Too often failed, bad, and chaotic deals. 👉 Human capital risks get missed which could have been avoided. 👉 Multiples get inflated because human capital return on investment (HCROI) is ignored. 👉 Key talent exits because the communication aspects are rushed and disorganization gives way to fear and uncertainty. 🛑 These pitfalls are easily avoided by engaging the right fractional HR resource to help navigate the challenges of the diligence process and beyond. If any of that resonates for your deal team let’s connect. Give me a follow Joe Kitson if you enjoyed this content. Check out this article on how to avoid these mistakes in the comments where you can also find more HR thought leadership 👇 by getting added to my free newsletter. 📰 🐙 #privateequity #pe #peoplestrategy #humanresources #fractionalhr #talentmanagement #kitsonhumancapitalsolutions #duediligence #transactions #integration #mergers #acquisitions

🚀 Wondering how Staffing Firms can leverage the surge in M&A activity? 💼 Dive into our latest insights to discover how mergers and acquisitions can skyrocket your business growth! 📈 Don't miss out on this golden opportunity! #StaffingFirms #MergersAndAcquisitions #BusinessGrowth #OpportunityKnocks #PragnaSolutions #RPO

Rising rejection rates of job offers in the M&A market 📈💼 The landscape of Mergers and Acquisitions is evolving, and so are the dynamics of talent acquisition in this ever-demanding sector. In our latest article, we delve into the intriguing trend of increasing rejection rates for job offers within the M&A market. As companies compete for top-tier talents, understanding the factors contributing to this shift is crucial. From competitive compensation packages to the importance of company culture, we explore the elements influencing candidates' decisions. 🔗 Read the full article here: https://lnkd.in/gEixZcx3 Discover actionable strategies to navigate these challenges and attract the best candidates for your M&A team. Let's stay ahead in the game of talent acquisition! 💡💬 #MergersAndAcquisitions #TalentAcquisition #JobOffers #CorporateTrends #HumanResources           

Continuing the theme: 99% of the time you won’t need our search services. So, what can we do for you whilst you are not in hiring mode? Whilst M&A is not our core activity, we speak to senior executives involved in the process. We may be able to help with acquisition targets, strategic buyers, sources of funding or MBO/MBI initiatives. We will certainly know the right people at these organisations to introduce you to. You may need an opinion on a leadership team, either the team or an individual. This could be in the form of formal assessment, either competency or personality. It may just be a conversation, some light coaching or an outsider’s view. Whilst a search assignment is our ultimate goal, we are more than happy to offer an opinion on any of the above. The best bit? It is all for free (other than the price of a cappuccino). #coffee #Mergers #acquistions #personalitytesting

Major contract win? Merger or acquisition? Or simply ambitious growth plans? Many factors can mean the same outcome - a need for four or more similarly skilled people within a single year. Socium Recruitment has a recruitment model to make this work for you - twice. #BusinessGrowth #MergerAndAcquisition #RecruitmentSuccess #SociumSolutions #TeamExpansion

As markets ebb and flow, mergers and acquisitions, will likely become a common theme in the Staffing and Recruiting Agency sector. Interesting to see Kelly Services announce last week their largest acquisition. Kelly acquired Motion Recruitment Partners (MRP) from private equity firm Littlejohn & Co., for $425m ( + an additional earn-out payment of $60 million). Hugo Malan, president of Kelly SET, said of MRP in a press release... “They bring extensive expertise in enterprise technology staffing as well as robust telecommunications and government specialties that align exceptionally well with our strong offerings in these segments,” Malan said. With consolidation comes opportunities for small-mid size agencies to expand into some of the spaces left behind. We believe that having a strong game plan and technology stack to support being agile and proactive in these moments can be game changing for your agency growth. Find out more about how Ringover can help drive greater performance and analytics for your agency. Kelly completes Motion Recruitment Partners acquisition https://lnkd.in/ehnwB2dJ #staffingsoftware #staffingagency #CommunicationsForStaffing

Losing key employees is a significant risk for potential buyers in a business merger or acquisition. That’s especially true in small- to medium-sized businesses, where critical roles and proprietary business insight can be concentrated in a few individuals and the impact of a key worker’s departure can be magnified. Here are some questions to help identify key employees: 🙍 Who are the top sellers or producers? 🙍♂️ Who are the essential product developers or service innovators? 👩⚕️ Who could do the most damage by working with a competitor? 👷 Who would be difficult to replace, either due to a unique skillset or scarcity in the market? 👩🏭 Who are the key relationship managers for clients and vendors or suppliers? 👩💼 Which employees consistently receive outstanding performance reviews and earn the most competitive salaries? 👨💼 Are there employees or executives leading mission-critical projects? 👨🍳 Are there “influencers” or “culture-keepers” in the organization who can influence retention? Look beyond executives and those in management; internal influencers are present throughout the organization. Conversely, this may also be a good time to identify employees you do not want to bring forward into the new organization and plan for their exit. Once you identify key employees, what next? Consider these legal strategies for keeping workers you can’t afford to lose: https://ow.ly/AEvs50RxzZ9 #mergers #acquisitions #MandA #transactions #businesslaw #HR #SMBtips

The Impact of Market Giants on the Staffing & Recruiting Industry One of the biggest challenges in the staffing industry today is the rise of superpowers from big mergers, leading to the dominance of market giants. While it’s great to see companies merge to enhance client experiences, this trend has some downsides. These big staffing firms have the resources for unmatched efficiency and reach, making it tough for smaller agencies to keep up. The high-volume efficiencies can lower prices and services, squeezing small firms out of the market. Sure, these mergers can drive innovation and better services, but they also stifle competition, limit choices, and create barriers for smaller agencies. How can we ensure a fair playing field where both large and small staffing firms can thrive? . . . #StaffingIndustry #MarketConsolidation #SmallBusiness #Innovation #Competition #Outsourcing #HR #Recruitment #TalentAcquisition #BusinessGrowth #IndustryTrends #JobMarket #AgencySupport #StrategicPartnerships #WorkforceSolutions #StaffingChallenges #EconomicImpact #FairCompetition #BusinessStrategy #TalentManagement #EmploymentServices #HRTech #StaffingSolutions #FutureOfWork

Deep dive into our exciting merger! Discover all the details about Halian's merger with Austin Fraser and Austin Vita. Read the full article to learn how this alliance is set to revolutionize the recruitment and IT solutions landscape. https://lnkd.in/diNhWRz7 #halian #halianlife #merger #austinfraser #austinvita #recruitment

As Core Personnel Staffing Services continues to grow, I want to open the door to conversations with staffing agency owners, CEOs, and presidents who are thinking about their next move. If you're considering an exit or exploring partnership opportunities with a team that’s committed to delivering value, we should talk. We’ve built something special at Core Personnel, and we’re always looking for the right opportunities to take things to the next level. I plan to be at American Staffing Association’s Staffing World 2024—if anyone wants to grab coffee and chat, let’s connect! #MergersAndAcquisitions #WeKnowStaffing #Acquisition #StaffingAgency #LeadershipInStaffing #CorePersonnel #StaffingWorld2024