Search Partners International (SPi) and Adcorp Search Partners (ASP) have announced the merger of these two stalwarts of the executive search industry. In their original versions, SPi was the first executive search company to be established in Johannesburg in the 1980s and ASP was the first executive search firm to open its doors in Cape Town, also in the late 1980s.
“While we have never restricted ourselves to a specific region, we have long considered opening a full-service Cape office. With ASP we see a partnership that will grow the business extensively down there, and a firm that shares our culture, values and approach to executive search,” says SPI MD, Stephen Dallamore.
ASP managing partner Mike Beaumont is excited about the merger.
“We have looked at expanding our footprint for some time, and I am happy that the discussions with SPi have confirmed what we were looking for – shared culture and a commitment to offering our clients the best-of- breed executive search services.”
ASP was part of the Adcorp Group for six years and there is an ongoing commitment to maintaining a close working relationship with the group.
“We will change the ASP name to SPi, as we recognise that clients appreciate their size, expertise, experience and independence,” says Beaumont.
“I have long known SPI and its directors, both personally and professionally and know that the culture fit, their methodologies and especially their team focussed approach to the business will benefit both firms and bring much added value to our client base.”
Dallamore added that both firms share the same research-based approach to finding the best available executive talent to both local and international clients.
“We invest heavily in the clients we service,” he says. “Executive search is successful when the search company understands the client’s culture and needs and maintains a strong working relationship, usually over an extended period. ASP shares this belief as well as the same values. It can only benefit our clients to have some ‘new’ blood looking out for them.”
In 2012, SPi signed the AltoPartners global alliance of 45 independently owned and run executive search firms operating in 28 countries across the globe.
“This alliance has opened new international markets for us, and with ASP’s proven track record of successful search in FMCG and big industrial companies, this strengthens yet another area of expertise and brings additional experience to the table,” says Dallamore.
“Africa is the new rallying point for overseas recruitment and executive search competitors, so we need to be on our toes. It is always good to reinvent one’s self as it brings fresh ideas and additional ways of providing the best value and quality services to our clients.
“This merger allows us both to look at building and managing our growth and positions us well for the future, and allows the greater group to tap into SPi’s empowerment credentials (Level II AAA) which it has built over many years” he concludes.
ASP has traded under the Search Partners International (SPi) name for a number of months.
ASP managing partner Mike Beaumont is excited about the merger.
“We have looked at expanding our footprint for some time, and I am happy that the discussions with SPi have confirmed what we were looking for – shared culture and a commitment to offering our clients the best-of- breed executive search services.”
ASP was part of the Adcorp Group for six years and there is an ongoing commitment to maintaining a close working relationship with the group.
“We will change the ASP name to SPi, as we recognise that clients appreciate their size, expertise, experience and independence,” says Beaumont.
“I have long known SPI and its directors, both personally and professionally and know that the culture fit, their methodologies and especially their team focussed approach to the business will benefit both firms and bring much added value to our client base.”
Dallamore added that both firms share the same research-based approach to finding the best available executive talent to both local and international clients.
“We invest heavily in the clients we service,” he says. “Executive search is successful when the search company understands the client’s culture and needs and maintains a strong working relationship, usually over an extended period. ASP shares this belief as well as the same values. It can only benefit our clients to have some ‘new’ blood looking out for them.”
In 2012, SPi signed the AltoPartners global alliance of 45 independently owned and run executive search firms operating in 28 countries across the globe.
“This alliance has opened new international markets for us, and with ASP’s proven track record of successful search in FMCG and big industrial companies, this strengthens yet another area of expertise and brings additional experience to the table,” says Dallamore.
“Africa is the new rallying point for overseas recruitment and executive search competitors, so we need to be on our toes. It is always good to reinvent one’s self as it brings fresh ideas and additional ways of providing the best value and quality services to our clients.
“This merger allows us both to look at building and managing our growth and positions us well for the future, and allows the greater group to tap into SPi’s empowerment credentials (Level II AAA) which it has built over many years” he concludes.
ASP has traded under the Search Partners International (SPi) name for a number of months.