Thursday, November 14, 2024

Heidrick & Struggles acquires Business Talent Group

Heidrick & Struggles acquires Business Talent Group

Heidrick & Struggles, a Chicago-based executive search, and HR consulting firm has acquired Business Talent Group (BTG), a Los Angeles-based online marketplace for independent consultants.

Founded in 2007, Business Talent Group (BTG) is the leading talent platform that connects top independent consultants, subject matter experts, project managers, and interim executives with the world’s best companies. 

BTG has more than 7,000 professionals who have worked at top consulting firms, and more than 3,000 experienced project and program managers. The company has matched more than 50% of the Fortune 100 with curated and vetted experts.

Heidrick & Struggles’ acquisition of BTG will expand its talent solutions offering with an on-demand marketplace for freelance consultants. The core of the firm’s business since its founding in 1953 has been executive search for interim and permanent roles. Heidrick & Struggles also offers consulting in leadership development and culture shaping.

“Heidrick & Struggles was a forerunner of the executive search industry when the firm was founded more than 65 years ago,” said Krishnan Rajagopalan, President, and CEO. “The seismic changes over the past year have accelerated the future of work and underscored the importance of agile leaders and workforces. We are excited to be the first global leadership advisory firm to enter the on-demand, independent talent space, and partner with BTG, a leader and pioneer of the high-end independent talent marketplace.”

The advisory firm previously had a two-year exclusive collaboration with BTG before closing the acquisition this month. BTG will continue to be led by co-founders Jody Greenstone Miller and Amelia Tyagi and will operate as a wholly-owned subsidiary of Heidrick & Struggles.

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