RFE backed ZRG Partners acquires Turnkey Search

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RFE Investment Partners is pleased to announce that its portfolio company, ZRG Partners, the world’s fastest-growing executive search/talent recruitment firm since 2018, recently completed a major move into sports, entertainment & media with the blockbuster acquisition of Turnkey Search, the sports industry’s top executive search/talent recruitment firm. All Turnkey staff and assets merge into ZRG, (renamed “TurnkeyZRG”) and will continue to be led by Len Perna, the founder, chairman, and CEO of Turnkey. Turnkey will now adopt ZRG’s tech-enabled, data-driven approach to search. “We landed the best sports executive search firm, and the No. 1 talent recruiter in Len Perna,” said Larry Hartmann, CEO of ZRG Partners. “Len started Turnkey 25 years ago, and consistently won gold-standard clients from billion-dollar competitors. Along the way, Turnkey cemented a reputation for integrity, accountability, and prioritizing diversity long before others.” About ZRG: ZRG Partners is a global retained executive search company successfully filling a void in the middle part of the market with a unique, scalable, and data-driven approach. RFE partnered with Management to build ZRG into a global diversified human capital company with best of breed practice leadership in all major global markets, verticals, and functional areas with a suite of ancillary human capital offerings to cross-sell to clients worldwide. Since 1999, ZRG’s data-driven approach to executive and professional search has been changing the way its clients think about acquiring top talent. For over 20 years, clients have trusted ZRG to recruit top talent around the world. Today, ZRG is recognized as the fastest-growing global search firm and provides a full suite of retained executive management and customized talent solutions through its locations in North America, South America, Europe, the Middle East, and Asia. The Turnkey acquisition represents ZRG’s fourth acquisition since being acquired by RFE Investment Partners. For more information, please visit www.zrgpartners.com. ZRG is actively seeking acquisitions of retained and interim search, recruitment process outsourcing and human capital consulting organizations. About RFE Investment Partners: RFE Investment Partners is a private equity firm focused on making control investments in established small market companies located in North America. RFE is a long standing Connecticut-based firm founded in 1980 with over 40 years of experience investing in the lower middle market. RFE’s investment strategy is to acquire well-managed and growing small market companies at attractive prices and prepare them for exit to middle market strategic and private equity acquirers. RFE is currently investing out of Fund IX. For more information, please visit www.rfeip.com. RFE Investment Partners 36 Grove St New Canaan, CT, 06840 (203) 966-2800 www.rfeip.com