Heidrick & Struggles Acquisition & Valuation

Phenom is an Ambler, Pennsylvania-headquartered developer of the Intelligent Talent Experience platform powered by AI for recruitment and employee management. The platform includes tools like Phenom Career Sites, AI Chatbots, CRM systems, AI Scheduling, video interviews, and internal talent marketplaces serving over 500 enterprises worldwide including Bayer and Delta Air Lines. Founded in 2010, Phenom processes millions of candidate interactions annually and integrates with major HRIS systems such as Workday and SAP SuccessFactors across North America, Europe, and Asia.

Hays PLC is a recruitment company, providing staffing solutions across various sectors, including information technology, construction, finance, education, and healthcare. The company generates revenue prominently through fees for placing candidates in permanent, temporary, and contract roles. It also offers workforce solutions such as recruitment process outsourcing, managed service programs, and advisory services. Hays operates its business in four regions: Germany, the United Kingdom & Ireland, Australia & New Zealand, and the Rest of the World. Its business model focuses on matching skilled professionals with employer needs through a network of recruitment consultants and digital platforms, without owning physical labor assets.

Gem is a San Francisco-based recruiting automation platform integrating with LinkedIn, Gmail, Outlook, and ATS like Greenhouse. It enables talent sourcing, personalized outreach, and pipeline tracking for enterprise teams at companies like Airbnb and Square. Launched in 2016, Gem boosts response rates through AI-driven sequences and deduplication.

JAC Recruitment Co Ltd provide appropriate and attentive consultation services to both companies seeking talent and candidates who wish to change jobs. Its recruitment services include JAC Recruitment, JAC Digital, JAC Executive, JAC International, JAC Career, VantagePoint, JAC Interim Professional Solutions, JAC RPO, and CareerCross.

FESCO Group Co Ltd is engaged in the provision of human resources services, including personnel management services, compensation and welfare services, business outsourcing services, recruitment and flexible employment services and others.

Meitec Group Holdings Inc formerly Meitec Corp offers staffing in the flexible labour market and engineering solutions for manufacturers. The company provides temporary engineering staffing, senior-workforce development, career development and career change support, global engineering solution outsourcing, prototyping and mold making, mounting and design of circuit boards, and information technology solutions. The core business segment is temporary staffing offering flexible staffing for engineering companies. Meitec operates in Japan.

Open Up Group Inc provides human resource services and outsourcing or contracting services for manufacturing companies in Japan and overseas. The business segments of the company include: Mechatronics/IT field: it includes workers dispatching, contracting, consignment business such as development design engineers. Construction area segment includes construction management engineer business / CAD operator dispatch business for customers in construction industry. Manufacturing Area segment includes manufacturing site contracting and dispatch business for customers in manufacturing industry Temporary staffing, outsourcing and referral business for technology and manufacturing fields.

TransparentBusiness is a New York software and operating holding company incorporated in Delaware in 2015. Its original cloud platform helps organisations coordinate remote and on-site employees by recording work activity, project status, billable time and cost information. The product also provides project collaboration, communication, performance monitoring and workforce accountability tools for small and medium-sized businesses. The group added talent services through SheWorks and Yandiki, a controlling interest in staffing agency ITSQuest and a majority stake in the Unicorn Hunters media producer Unicorns. TransparentBusiness changed its corporate name to Unicoin in October 2022 while expanding into digital assets and media. In April 2026 the same legal company changed its name back to TransparentBusiness and continued operating software, talent and media interests. It earns subscription and service revenue from business and public-sector customers using its workforce and talent platforms.

Kforce Inc is a solutions firm specializing in technology, finance, accounting, and other professional staffing services. The company operates two business segments: the Technology segment, which provides talent solutions with candidates skilled in areas including systems/applications architecture and development, data management and analytics, business and artificial intelligence, machine learning, project and program management, and network architecture and security. The FA segment offers consultants in traditional finance and accounting roles such as finance, planning and analysis; business intelligence analysis; general accounting; transactional accounting, business and cost analysis; and taxation and treasury. The majority of revenue is earned through the Technology segment.

Fountain is a recruiting software platform automating high-volume hiring for retail, hospitality, and logistics employers. San Francisco-based Fountain processes applications via SMS and chatbots, serving clients like McDonald's and 7-Eleven with screening and scheduling integrations.

McMillan Shakespeare is a provider of salary packaging, novated leasing, disability plan management and support co-ordination, and fleet management services. It actively works to cross-sell its products to clients, for example, selling its salary packaging services to its fleet management customers in Australia and New Zealand. McMillan dominates Australia’s salary packaging market together with Smartgroup (also covered by Morningstar), and is also a large provider of novated leasing services by volumes—together with Smartgroup and SG Fleet. The group has three operating segments: group remuneration services, asset management services, and plan and support services. Most of the group’s revenue is generated from the group remuneration services segment.

Insperity Inc is a company that provides a wide range of human resources and business solutions designed to help businesses improve their performance. Small and midsize enterprises are the company's primary target customers. Majority of the company's products are offered through the company's Workforce Optimization and Workforce Synchronization solutions, which comprise various human resource functions, such as payroll and employment administration, employee benefits and compensation, government compliance, performance management, training and development services, and human capital management. The company generates all of its revenue in the United States.

PageGroup PLC is engaged in providing recruitment consulting. The company is divided into different brands, page executive, which provides management solutions for organizations regarding leadership talent, Michael page provides recruits on a permanent, temporary, contract, and interim basis, Page Personnel provides recruiting services at technical, administrative, clerical, and junior management levels and Page Outsourcing. It derives the majority of its revenue from the EMEA region followed by the United Kingdom. It also has its presence in the Asia Pacific and Americas.

Timee Inc is engaged in operating Timee, on-demand job platform.

ShiftKey is a healthcare scheduling marketplace linking licensed professionals such as nurses and therapists with facilities facing staffing shortages. The platform advertises per diem shifts to a network of credentialed providers, ensuring full compliance, internal scheduling, and agency-free operations. Miami-headquartered since 2015, ShiftKey serves hospitals and clinics across 35 U.S. states with mobile booking and verification tools.

ManpowerGroup Inc provides workforce solutions and services, including recruitment and assessment, upskilling, reskilling, training and development, career management, outsourcing, and workforce consulting. The company leverages its trusted brands, industry knowledge, and AI-enabled assessments and offers an extensive portfolio of training and leadership development solutions. Its reportable segments are Staffing and Interim, Outcome-Based Solutions and Consulting, Permanent Recruitment, and Others, with Staffing and Interim generating the majority of revenue. It operates in the Americas, Southern Europe, Northern Europe, and APME. The company derives the maximum geographical revenue from the Southern European region.

UT Group Co Ltd is engaged in worker dispatch and outsourcing of permanent employees in manufacturing, design, and development, construction, and other sectors. The firm operates in three segments: Manufacturing Business, Solution Business, and Engineering Business.

Danel (Adir Yeoshua) Ltd provides nursing, human resources and special populations services. Its special population division treats patients with special needs, Nursing services division provide services to those eligible for the Long-Term Care Insurance Law from the National Insurance Institute and the Ministry of Labor and Welfare. Serves approximately 17,000 customer and its Human Resources division offers recruitment and placement services in Israel.