Caldwell, a retained executive search firm has recently announced its acquisition of recruitment and talent acquisition firm IQTalent Partners. The definitive agreement, which has an expected close date of 31st December 2020, will aid the companies in the joint creation of a technology-powered talent acquisition company, designed for specialized recruitment services at all levels. This alliance is anticipated to result in enhanced profitability and accelerated growth for both companies.
John Wallace, CEO of Caldwell was reportedly quoted as stating that the merger has allowed the company to focus on transforming talent acquisition. He added that the unique service model of IQTalent Partners and its innovative use of technology, when combined with the network, resources, and expertise of Caldwell, would allow both companies to provide more integrated services to clients, and in turn have a significant impact on long-term progress.
For the record, IQTalent Partners, founded in 2009, offers talent acquisition services in an adaptable and scalable on-demand format. Using a unique recruiting service model, the company has collaborated with over 300 organizations, ranging from startups to Fortune 500s, across myriad functions and industries in North America, South America, Asia, Australia, and Europe.
IQTalent Partners also launched a proprietary concept, dubbed IQTalent Xchange, which features a combination of human expertise and AI to develop a passive candidate marketplace. The platform reportedly includes over 300 million professionals worldwide, providing clients unprecedented access to the most eligible candidates.
IQTalent Partners CEO David Windley also commented on the acquisition, reiterating the company’s mission to help companies and candidates find their ideal matches. The merger with Caldwell, he claims, adds strength to the company’s offerings to its clients, by giving them a trustworthy partner for their recruiting needs at a professional level, through to Boardroom and C-suite.
The companies, while operating as separate brands with distinct pricing models and service offerings, will employ a collaborative approach, in order to deliver a seamless and unified client experience.