Keystone Partners, a portfolio company of Silver Oak Services Partners LLC, has acquired Kensington International’s career transition and leadership development business operations. No financial terms were disclosed.
OAKBROOK, ILL. (PRWEB) JULY 15, 2019
Kensington International Inc. announced that it sold its career transition and leadership development business operations to Keystone Partners, a founding member of Career Partners International and a portfolio company of Silver Oak Services Partners LLC.
Kensington International’s legacy Talent Management business consisting of three separate business units (executive search, career transition and leadership development) has a strong history of delivering all of its talent management services to customers across the US and around the globe.
Its executive and middle management search business will now operate and as a stand-alone entity and continue to serve all of its primary markets and customers.
John Myers, a Founder and the original Managing Partner responsible for Kensington International’s career transition and leadership development business, noted, “We are incredibly excited to take the career transition and leadership development practices to a new level as we join Keystone Partners to capitalize on the combined company’s significant growth opportunities. We look forward to maintaining the strong referral relationship with Kensington International Executive Search that made us so unique in the market.”
“KI Search – Kensington International’s original and largest business – is as vibrant and independent as ever – It’s business as usual for the executive search business. Having said this, it’s our hope that a broader relationship with Keystone Partners will increase our abilities to refer business back and forth and we look forward to this expanded relationship,” said Brian Clarke a Managing Partner and Practice Lead for the firm’s Industrial and Infrastructure Practice.
“This is a terrific opportunity to leverage the high-quality services and reputation of the combined Kensington/Keystone entity in the career transition and leadership development space,” added Rick George a Managing Partner of Kensington International Executive Search and Practice Lead for the firm’s Private Equity Practice. “Chicago area organizations will continue to receive outstanding service and benefit from enhanced offerings.”
About Kensington International Executive Search (KI Search, Ltd.)
Founded in 1989, Kensington International’s search business is a premier provider of retained executive and middle management search services to a range of clients, from small-to-midcap Private Equity clients and their portfolio companies to Fortune 500 and equivalent companies.