Strategic Acquisition Expands Product
Portfolio and Capabilities
NEW
YORK, July 16, 2024 /PRNewswire/ --
Technology-powered talent advisory Sinecure, Inc. announced today
it has acquired recruitment services firm Strategy Source in a move
to enhance its unique market position as the only talent company to
combine the power of AI with the personal touch of experienced
advisors. With this acquisition, Strategy Source brings new
capabilities to Sinecure's offering with its expertise in
non C-level retained search, recruitment process outsourcing
(RPO), and contingency services. Additionally, the focus on
intermediate to senior level management roles is highly
complementary to Sinecure's existing executive-level search
practice.
"Our vision is to fuel the world's best performing companies
with the world's best talent, and the acquisition of Strategy
Source is the next milestone in our journey towards realizing that
vision," said Joel Wright, CEO of
Sinecure. "Combining expanded levels of service with AI and Large
Language Model (LLM) systems strengthens our search, consulting,
and advisory resources, ensuring our clients have access to a total
talent solution that meets their needs and addresses challenges
across every aspect of their talent strategy."
"Joining forces with Sinecure allows us to leverage their
innovative AI-powered solutions and global reach, improving our
ability to deliver against the complex demands and expectations of
our clients," shared Strategy Source CEO, Laura Lasiter. "What's more, we contribute a
fresh approach to what Sinecure offers and our expertise in the
technology, media and marketing services spaces provides new
customer touchpoints. We're committed to the Sinecure vision and to
building a comprehensive solution that sets new standards for
talent acquisition in the talent industry."
Sinecure client, Christa
Ventikos, founder and Principal of boutique search firm
Ventikos Associates added, "I've had the pleasure of partnering
with Laura Lasiter at Strategy
Source, and it's no surprise that Sinecure has recognized the
immense value that she and her team bring to the table." She went
on to say, "This move is a testament to Strategy Source's
outstanding contributions and leadership, and now with access to
Sinecure's technology and support I'm confident they will achieve
even greater things and drive even more success in this new
chapter."
Strategy Source will fall under a recently formed division
called Sinecure Recruitment Services and will be led by Ms. Lasiter
as Executive Vice President. The new group will continue its focus
on current services and sectors, and will also be tasked with
diversifying their offering through product innovation and
customization. In addition to their expertise, the Strategy Source
team brings an alternative roster of clients, including The Trade
Desk, Dotdash Meredith, Magnite, the Interactive Advertising
Bureau, VideoAmp and Quantcast, as well as several independent
agencies and major agency holding companies among them.
Sinecure's purchase of Strategy Source marks the company's
second strategic acquisition in the recruiting services space this
year, with Grace Blue, a global
executive search firm specializing in leadership and C-suite
talent, being the first. Both acquisitions are crucial in
demonstrating Sinecure's commitment to creating a distinctive model
characterized by highly personalized service grounded in AI-powered
software. Financial terms of the transaction were not
disclosed.
About Sinecure
Sinecure is a breakout talent company
for leaders who understand that talent is their competitive
advantage. Our holding company is unique in offering a total talent
solution through a full suite of wholly-owned products and services
that combine the power of AI with the care and insight of trusted
advisors. This includes our AI-technology platform Sinecure.ai and
recruitment services firms Grace
Blue and Strategy Source. Our 75+ global clients and
partners trust Sinecure to unleash the opportunities distinctive to
technology while maintaining the assurance of a real-world
experience as they invest in their most important asset—their
people. For more information, visit sinecure.ai.
About Strategy Source
Strategy Source is a recruitment
services firm with a deep understanding of the "people space" and a
knack for delivering tailored results that adapt to changing
organizational needs and industry dynamics. Since 2005, Strategy
Source has been known for its custom search solutions and strategic
approach to filling talent gaps that help organizations facilitate
exponential expansion and cultural alignment. You can learn more at
strategysource.com.
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SOURCE Sinecure, Inc.