ProAction Partners with HRCG to Provide Services
<p><strong>Chicago — Aug. 10</strong><br />The ProAction Group (ProAction), an operating resource for private equity firms seeking to boost their investment returns, has announced an exclusive partnership with the Human Resource Consulting Group (HRCG). </p><p>Through this partnership, ProAction will expand its offering to private equity companies with human capital management services that focus on the evaluation and development of executive talent.<br /><br />“Our clients tell us that selecting the right management team is one of their most important success drivers,” said Jeff Temple, ProAction partner and co-founder. “They have increasingly sought ProAction’s expertise in this area, during the acquisition process and in building successful portfolio companies. </p><p>"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.” <br /><br />ProAction has developed a strong record of helping private equity firms achieve success in the areas of consumer products, manufacturing, distribution and business services. </p><p>ProAction conducts pre-investment assessments to help private equity firms refine valuations, compete in auctions and avoid bad deals. </p><p>Post-investment, ProAction helps build winning companies by implementing high-impact profit improvement initiatives. <br /><br />“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, HRCG founder and CEO. “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. </p><p>"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.”<br /><br />The first 100 days following an acquisition can set the pace for the success of the organization. </p><p>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. <br /><br />Other post-deal services from ProAction and HRCG include leadership development programs and HR strategies and processes.</p>
