Tech News Summary:
- Russell Reynolds Associates acquired leading tech executive search firm Savage Partners, enhancing RRA’s capabilities in the technology industry
- Savage Partners, known for working with growth equity-backed software companies, will join RRA’s Boston and Miami offices, deepening RRA’s expertise in leadership advisory work
- This acquisition is RRA’s third in 2023 and demonstrates the firm’s commitment to strengthening its capabilities in providing leadership advisory services globally
Russell Reynolds Associates, a global leadership advisory and search firm, has announced the acquisition of Savage Partners, a leading tech executive search firm. The move will further solidify Russell Reynolds Associates’ position as a top player in executive search within the technology sector.
Savage Partners, with offices in Silicon Valley and New York, has a strong track record of placing top-tier executives at some of the most innovative and high-growth technology companies. The firm’s expertise in identifying and attracting top talent for C-suite and senior leadership roles in the tech industry will bolster Russell Reynolds Associates’ capabilities in this fast-growing and competitive market.
The acquisition will also strengthen Russell Reynolds Associates’ global technology practice, allowing the firm to better serve its clients in identifying and securing top technology leadership talent around the world.
“This acquisition represents an exciting opportunity for both Russell Reynolds Associates and Savage Partners. We are thrilled to welcome the Savage Partners team to the Russell Reynolds Associates family and look forward to combining our expertise to deliver even greater value to our clients in the tech industry,” said Clarke Murphy, CEO of Russell Reynolds Associates.
Savage Partners’ founders, Tim Savage and Vito Zanocco, expressed their enthusiasm for joining forces with Russell Reynolds Associates. “We are excited to leverage Russell Reynolds Associates’ global reach and extensive resources to continue delivering exceptional service to our clients and candidates in the tech sector. This acquisition will enable us to expand our impact and access new opportunities for growth,” said Savage.
The integration of Savage Partners into Russell Reynolds Associates is expected to be seamless, with the combined team poised to offer an unparalleled level of expertise and insight to technology companies seeking to recruit top talent in an increasingly competitive market.
The acquisition reflects Russell Reynolds Associates’ commitment to continually enhance its capabilities and expand its presence in key sectors, ensuring that the firm remains at the forefront of the executive search industry.