Ontario's pension plan just bought a talent acquisition firm

OMERS’ private equity division to acquire Alexander Mann

Ontario's pension plan just bought a talent acquisition firm
Steve Randall

OMERS Private Equity is to acquire the global talent acquisition and management services provider Alexander Mann for £820 million (around C$1.42 billion).

The defined benefit pension plan for municipal employees in Ontario will acquire the business from New Mountain Capital, and the Alexander Mann management team led by Rosaleen Blair will also participate in the buy-out.

"We are excited to work alongside Rosaleen and the entire Alexander Mann Solutions team to continue building on what is already an impressive culture, platform and strategy,” said Martin le Huray, Co‐head of OMERS Private Equity in Europe. “Alexander Mann Solutions is a trusted partner to global, market-leading brands in the critical area of talent management."

OMERS Private Equity will support Alexander Mann in deepening and expanding its sectorial and geographic focus and invest in technology to help its value proposition. There will also be a focus on driving consolidation in what is a large but fragmented industry.

"With OMERS support we can strengthen our global total workforce proposition and critically, accelerate our digital transformation and investment in robotics and AI, creating an even more compelling proposition for our customers around the world,” commented Ms. Blair.

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