As a result of a deal finalized this week, Detroit based Tier One Executive Search has become a part of TRANSEARCH International.
Tier One Executive Search will become the Detroit office for TRANSEARCH and will also maintain its office in Windsor, Ontario. Tier One’s Shanghai office will dismantle, as TRANSEARCH already has several offices in China including Shanghai. The Detroit-based office will continue to specialize in executive recruitment within manufacturing and Mr. Thibodeau will continue as Managing Partner and Vice President of Automotive and Industrial, Americas.
TRANSEARCH is a global search firm with representation in all of the major economic capitals, with about 60 offices in over 35 countries. It was founded in 1982 and today completes more than 1,500 senior executive search assignments a year. Its global client base is in the financial services, technology, consumer and retail, life sciences, and industrial and resources sectors.
“We had been approached by several firms over the years and none of them felt right at the time” said Mark Thibodeau, “In a couple of early cases, we weren’t ready to give up 100 percent equity. In other cases, the strengths of those firms were largely in the U.S. market – they were firms founded here. Considering that TRANSEARCH is a European-based firm, they are extremely strong in markets where we are weaker. It’s really an ideal match.”
“We’ve always had a strong automotive and manufacturing presence in other geographies, but we were missing an important piece of the puzzle – a strong Detroit presence and expertise,” said Celeste Whatley, CEO of TRANSEARCH International Partners. “Mark and Tier One Executive Search were unquestionably that perfect fit.”
Mr. Thibodeau said he’s “most excited about being able to offer client companies complete global coverage, and the industry’s absolute best assessment tools developed by TRANSEARCH’s in-house psychologist, Dr. John Burdett.”