The company plans to "leverage" Tyzack's strengths in a variety of sectors
Executive search provider MithcelLake Group is looking to expand its portfolio and strengthen its presence in Europe and the United Kingdom following its acquisition of international executive search firm Tyzack Partners.
According to MitchelLake, the merger between both companies boosts its global executive search offerings, particularly for board and advisory level roles, and expands the firm's footing in Europe and the United Kingdom.
Jonathan Tanner, founder and chief executive officer of MitchelLake Group, said they plan to maximise Tyzack's network and experience in various sectors, including leisure, hospitality, among others.
"We will leverage Tyzack's network and experience in a variety of sectors, particularly across leisure, hospitality, retail, and media – areas that offer great synergy with our expertise in digital ventures and transformation," said Tanner in a statement.
"We are confident that through this acquisition, MitchelLake will extend its ability to support technology-enabled scale-up ventures that are positively impacting global industries and continue to deliver the highest standards of leadership excellence," added the CEO.
Tyzack is known for its 65-year history of success in executive search for public and private sector companies, with a project completion rate of over 95%. It has experience in sectors including leisure, hospitality, information, communication and entertainment, private equity, consumer goods, and technology.
David Dumeresque and Neal Wyman, both Senior Partners of Tyzack, will continue supporting and counselling the team following the acquisition of Tyzack.
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Dumeresque said the merger between both firms opens Tyzack to opportunities in the Asia Pacific region, as well as access to MitchelLake's expertise in the digital space.
"We can now offer our services in the Asia Pacific region, driving innovation across multiple industries and markets. This acquisition will allow us to access Mitchellake’s geographical and sectoral expertise in the digital space, as a key growth driver in the business landscape, as well as offering access to our clients to a new cadre of executives," explained the official.
Tanner, on his end, said their partnership will add Tyzack's decades of experience and reputation in the global executive search industry, giving MitchelLake a further competitive edge for customers.
"We are extremely excited to boost our global board and advisory search offering to clients. This includes building a significant bridge of relationships into the UK and Europe, where Tyzack's history, networks and relationships run very deep," said Tanner in a statement.
Aside from offering a global executive search service, MithcelLake also provides board and advisory solutionts for ventures and innovation, from start-ups to global brands. It has operations in Australia, Singapore, North America, and Europe.