Acquisition Enhances Capabilities of Auctus Group and Auctus Search Partners beyond Financial Services Recruiting and Sell side M&A
Chicago, Illinois and Greenwood Village, Colorado, October 2016— Auctus Group, Inc through it’s affiliate Auctus Search Partners, LLC has acquired KLG Consultants, LLC, a Talent Acquisition and Talent Development firm based in Colorado. Combined with Auctus’s leading financial services staffing capabilities, Auctus and KLG now are poised to provide organizations of all types, C-level and other executive search and selection services as well as outsourced CFO, COO and HR solutions. The acquisition of KLG also brings professional development offerings to Auctus such as award winning leadership development programs, exit preparation and merger integration.
“KLG Consultants has developed unique and effective search and selection methods for C-level and other executives in a variety of industries. KLG’s effective use of a multi-step assessment system differentiates them from other executive recruiters by focusing on job and culture fit with empirical evidence based data.” Said Muhammad Azfar, Managing Principal of Auctus. Muhammad also added “In addition KLG’s professional development programs and coaching have helped leaders from non-profits to private equity firms develop innovative ways to execute on their vision. For private equity firms, this includes KLG platform executive initiative, which aligns with private equity firms that believe as we do, -leadership matters. We are excited to incorporate KLG’s offerings into Auctus as we grow our firm and offer more value added services for our clients and KLG’s clients.”
“Auctus gives us the platform to grow our capabilities and team with seasoned professionals. Hitesh’s prior experience at Michael Page and Page Executive gives us an opportunity to be of additional service to our private equity clients by assisting in their internal staffing needs. Giving our clients access to the Auctus Group’s investment banking professionals and capabilities also allows us to be of greater service to them, by providing solutions for their financing needs and Sell Side M&A needs. From experience at GE Capital to Berkshire Hathaway, the pedigree of our new colleagues is very impressive.” Said Ken Greenberg, CEO of KLG Consultants. Ken added, “ Auctus believes as we do that Human Capital and Financial Capital deserve an equal seat at the value creation table. We are excited to join forces with Auctus and bring more value added services to our and Auctus’s clients.
The KLG team will remain intact and work under the Auctus Search Partners name. Ken Greenberg has become a Senior Managing Director for Auctus Search Partners and will also serve as a Managing Director at Auctus Group to assist in the development of other practice areas of the firm.