Global human capital consultancy Mercer has expanded its assessments business in the Middle East with the acquisition of UAE-based The Talent Enterprise.
With offices in Dubai, Abu Dhabi, Egypt, Jordan, and Saudi Arabia, Mercer is one of the largest HR consultancies in the region – and according to one benchmark, also one of the region’s leading players.
The bolt-on of The Talent Enterprise (55 staff) will expand Mercer’s leadership development, workforce and recruitment capabilities, and adds a roster of over 250 clients in the Middle East and beyond that use its services and solutions.
Founded in 2013, The Talent Enterprise helps companies hire, develop and support their talent through behavioural assessments. Drawing on insights from psychology, neuroscience, and organisational behaviour, and backed by cutting-edge technologies such as artificial intelligence, The Talent Enterprise’s offerings are used to improve talent hiring, learning & development, employee experience, and employee engagement, among others.
“Our tools and techniques assess and provide a multi-dimensional view of an individual’s ‘markers’, such as personality, strengths, motivation, cognition, emotion, expressed behaviours, emergent leadership attributes, authenticity as well as congruence between verbal and non-verbal communication,” explained David Jones, CEO of The Talent Enterprise.
“The Talent Enterprise’s suite of services and insights are critically important to organisations today, many of which are pursuing workforce transformations and need people development, upskilling and reskilling tools to remain relevant and competitive,” said Tarek Lotfy, President of Mercer in the Middle East, India and Africa.
“This move will expand our ability to our clients shape their recruitment, enhance potential identification and coaching, and boost leadership development and the succession processes through the use of proprietary assessment tools and platforms,” Lotfy added.
Meanwhile, for The Talent Enterprise, joining a global leader in human capital services will enable the firm to “meet growing market demands and better service its clients with a broader offering,” said Jones. “We are thrilled by this significant milestone in our journey and look forward to the next chapter.”
During the deal process, The Talent Enterprise received M&A advice from Intrepid Investment Bankers (strategic advisor), PwC (financial advisor), and Clyde & Co (legal advisor). Dealmakers acting on behalf of buyer Mercer have not been disclosed.
Sourced from Consultancy-me.com