News Release: RTI Assists ZRG Partners in Asian Expansion with Key Leadership Appointments in Singapore

Recruitment Transactions International (RTI) was retained by PE-backed ZRG Partners to assist their entry into the Asian market via acquisition or a team lift of a retained search business. The focus was on Singapore, given its position as a regional gateway to Asia and the relative ease of doing business there. After an extensive search, RTI facilitated and managed introductions with two senior partners from Eric Salmon in Singapore: Dimitri Tsamados and Wai-Leong Chan.

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Explainer: Are Debt-backed MBOs becoming a more viable option for recruitment & staffing companies to grow and scale?

Some recruitment business leaders are opting for debt amidst pressured multiple valuations in the face of global uncertainty.

Management Buyouts (MBO) are a viable option to buy out existing strategic and PE investors or where an existing owner wishes to hand over the reins to his senior leadership team, perhaps at the point of retirement or with other interests in mind.

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Recruit Holdings ’ $100-M Recruitment Expansion across Asia

In 2007, Recruit Holdings, Japan`s largest recruitment and staffing business, began to look at ways to increase service line and geographical expansion. They began a series of conversations with the co-founders of CDS, a
Tokyo- and Osaka-based executive search firm which had recently received private equity investments from NIF-SMBC ventures. CDS was a high-profile boutique search firm with western founders, with credibility and market awareness gained through high-profile assignments such as helping Google launch in Japan through their first 20 hires, including the CEO.

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