Intrepid Investment Bankers (“Intrepid”), a leading middle-market investment bank, announced today that it acted as the buy-side advisor to Russell Reynolds Associates (“RRA”), on its acquisition of Savage Partners. RRA is a global leadership advisory firm with 600+ consultants spanning 47 offices focused on identifying, assessing and developing top executives for public, private, and nonprofit organizations across all industries and regions. Founded in 2005, Savage Partners is a leading executive search firm specializing in partnering with growth-equity backed software companies across the United States. Intrepid was retained by RRA to identify acquisition candidates and this marks the second transaction that Intrepid has sourced for RRA in 2023 following Intrepid the acquisition of Kilberry in August.
“Bringing Savage Partners on board will further deepen and enhance Russell Reynolds Associates’ core leadership advisory work and capabilities in growth-oriented technology companies,” said Constantine Alexandrakis, CEO, Russell Reynolds Associates. “Savage Partners’ colleagues bring unparalleled industry expertise, and under Todd Savage’s leadership, have established themselves as a powerhouse team. We look forward to combining our strengths and assets to provide industry-leading leadership and succession planning guidance.”
“We are thrilled to continue to be a valued partner of Russell Reynolds and to help it execute its strategic vision. We have known Savage Partners for some time as well and we are confident that they will thrive on and be a valuable part of the Russell Reynolds platform. We are very proud to add this transaction to our rich and growing Human Capital Management banking franchise.” said Jeff Becker, Managing Director at Intrepid.
“It has been a pleasure working with Russell Reynolds and the acquisition of Savage Partners will further strengthen their position as a leading executive search provider.” said Joseph Husband, Director of Business Development – Buy-side Advisory at Intrepid