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The ProAction Group Announces Exclusive Partnership With Human Resource Consulting Group
Enables Private Equity Firms to Maximize Human Capital and Deliver Superior Investment Returns
| Source: The ProAction Group
CHICAGO, IL--(Marketwire - August 6, 2007) - The ProAction Group (ProAction), an operating
resource for private equity firms seeking to boost their investment
returns, announced today an exclusive partnership with the Human Resource
Consulting Group (HRCG). Through this partnership, ProAction will expand
its offering to private equity companies with human capital management
services which focus on the evaluation and development of executive talent.
"Our clients tell us that selecting the right management team is one of
their most important success drivers," said Jeff Temple, partner and
cofounder of ProAction. "They have increasingly sought ProAction's
expertise in this area, during the acquisition process and in building
successful portfolio companies. Our partnership with HRCG is a natural
extension of our operating services. The combination of these services
will further enhance the investment returns we deliver to our clients."
ProAction has developed a strong track record of helping private equity
firms achieve success in the areas of consumer products, manufacturing,
distribution, and business services. ProAction conducts pre-investment
assessments to help private equity firms refine valuations, compete in
auctions, and avoid bad deals. Post-investment, ProAction helps build
winning companies by implementing high-impact profit improvement
initiatives.
"Evaluating management talent prior to acquisition is especially difficult.
The process is tightly structured, access is controlled, and the executives
are typically well-coached," said Dr. Steven Julius, founder and CEO of
HRCG. "Now, through our exclusive partnership, ProAction has expanded its
pre-acquisition assessment services to specifically target management
talent. We help clients gain insight into critical leadership issues
before completing a deal. Collectively, we can provide a framework to
organize initial impressions, conduct in-depth executive assessments and
evaluate the company's human resource infrastructure before a commitment is
made."
The first 100 days following an acquisition can set the pace for the
success of the organization. ProAction and HRCG will work with clients to
develop 100-day action plans which will outline the process for
establishing communication channels, cultivating proactive human resource
practices, offering coaching and ensuring business continuity for
employees, customers and suppliers.
Other post-deal services from ProAction and HRCG include leadership
development programs and HR strategies and processes.
About The ProAction Group
The ProAction Group is an operating resource for private equity firms
seeking to boost investment returns. ProAction specializes in identifying
and acting on opportunities in middle-market businesses. Pre-acquisition,
ProAction quantifies risks and opportunities, helping clients refine
valuations, avoid bad deals and prepare post-deal value creation plans.
Post-acquisition, ProAction works with portfolio company management to
execute high-impact revenue growth and profit improvement initiatives.
Representative clients are private equity firms investing in consumer
products, manufacturing, distribution, and business services sectors.
ProAction employs its professional expertise and best practices in the
areas of marketing, sales, manufacturing, supply chain, and human capital
development to help build winning companies. The ProAction Group was
founded in 1995 and is headquartered in Chicago. More information can be
found at www.proactiongroup.com.
About Human Resource Consulting Group (HRCG)
Human Resource Consulting Group helps companies develop and leverage the
value of their human capital through executive assessment, transition
management, leadership development and human resource capability
enhancement. HRCG is led by Dr. Steven Julius, a nationally recognized
expert in human capital assessment and development. Dr. Julius has served
as chief executive of two companies, and was head of global human resources
for Bcom3, the holding company of Leo Burnett, Starcom and other assets.
He currently helps corporations and professional sports teams evaluate,
select and develop talent. HRCG has a staff of other experts, and a
network of specialists available for specific client needs.