Private equity firm New State Capital Partners has acquired a majority stake in executive search firm Klein Hersh. Senior leaders within Klein Hersh such as Jason Hersh, Jesse Klein and Josh Albert will be continuing with the firm under the new ownership.
Klein Hersh is a sector-specialist headhunting firm with deep experience in the healthcare and life sciences sectors. Founded in 1998, Klein Hersh prides itself on its deep subject matter expertise.
New State Capital Partners is a private equity firm which specialises in investing in healthcare and technology businesses, and has a number of healthcare investments such as United Medical Systems.
“It’s no secret that life sciences and healthcare are booming fields with significant growth pathways for the foreseeable future,” said Shaun Vasavada, VP at New State Capital. “Businesses in those sectors need experienced leaders with technical expertise to build successful organizations, and Klein Hersh has proven to be a strategic partner to clients seeking world-class talent.”