ZRG Expands by Acquiring Aspen Leadership Group
Deal News | Feb 07, 2025 | EIN
ZRG, a rapidly growing global talent advisory firm, has further strengthened its position in the human capital solutions sector by acquiring Aspen Leadership Group. This acquisition marks a significant expansion into C-suite recruiting and consulting services, an area identified as a fast-growing segment within human capital solutions. Aspen, founded in 2013, is renowned for its expertise in recruiting and supporting top-level executives across the nonprofit, educational, and fundraising sectors. The new acquisition enhances ZRG's presence in these areas and complements existing services such as The Registry, TurnkeyZRG, and Helbling & Associates, which focus on interim leadership, college sports recruiting, and real estate in academia respectively. Hunt Scanlon Ventures, a prominent M&A advisory firm, played a strategic advisory role in facilitating this transaction and is noted for guiding businesses to successful mergers and acquisitions. With the financial backing of RFE Investment Partners, ZRG’s leadership team is strategically developing and scaling its business offerings.
Sectors
- Human Capital Solutions
- M&A Advisory
- Education and Non-Profit
Geography
- United States – Both ZRG and Aspen Leadership Group are U.S.-based companies actively involved in the American markets, making the U.S. the primary geographical focus.
Industry
- Human Capital Solutions – This industry is relevant as both ZRG and Hunt Scanlon Ventures operate within the human capital and talent advisory services market.
- M&A Advisory – Hunt Scanlon Ventures' role as strategic advisor in the acquisition underscores the relevance of the M&A Advisory industry.
- Education and Non-Profit – Aspen Leadership Group's specialization in recruiting for educational and non-profit sectors makes this industry relevant to the acquisition.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| ZRG | Target Company | Company | A global talent advisory firm founded in 1999, known for rapid growth and innovation in human capital solutions. |
| Aspen Leadership Group | Target Company | Company | Established in 2013, specializes in recruiting and supporting executive leaders across fundraising, education, and non-profit sectors. |
| Hunt Scanlon Ventures | Strategic Advisor | Company | M&A advisory firm focused on human capital markets, facilitating transactions and strategic growth. |
| RFE Investment Partners | Private Equity Investor | Company | Financial backer of ZRG, supporting its strategic growth and acquisitions. |