LINCOLN acquires majority stake in The Executive Network Dutch Top Executive Search firm
About Societex
- Lincoln, a talent management consulting firm based in Paris, has acquired a majority stake in The Executive Network, which includes The Executive Network (TEN), TENEA and Whyz (Whyz Executive Search), each a leader in their recruitment consulting businesses in the Netherlands.
- Societex, Lincoln’s advisor, was instrumental in this transaction. Indeed, its international expertise has made it possible to initiate and promote this reconciliation.
- Thanks to this new acquisition, more than half of the Lincoln Group’s revenue will be generated internationally. With €42 million in revenue in 2022, 9 offices worldwide (Europe and Middle East/Asia) and a workforce of nearly 200 people, Lincoln with this partnership establishes a powerful leverage effect for its future growth. Its international presence is expanding, and Lincoln is adding business expertise on the recruitment of executive or independent directors within all forms of organizations in order to contribute to an engaged governance.
- Marty Tuk, co-founder and owner of TEN, TENEA and Whyz says : “Lincoln is giving us a wonderful opportunity to publicise and expand our expertise on an international level by establishing real collaborations to follow our clients and share our knowledge. We share with Lincoln’s teams the desire to consistently provide better services to our clients and to senior executives as true devotees to our professions.”
- For Gwenaël Perrot, CEO of Lincoln : “After having acquired Cooper Fitch last June, Lincoln is delighted to partner with Dutch leaders TEN, TENEA and Whyz towards accelerating our growth in 2023! Our shared values and outlook on all talent markets and especially, our robust entrepreneurial spirit, are solid guarantees of our impending success.”