Boutique Australian search firm Scrambler MacGregor has been acquired by Heidrick & Struggles. News of the acquisition was made public today. No price was announced.
The five-person retained search firm serves the financial services industry. The principals, David Scambler and Craig Williams join Heidrick & Struggles as partners. The firm will continue to be based in Sydney.
In the announcement Steve Mullinjer, Heidrick & Struggles’ regional leader of Asia Pacific and the Middle East, says, “This is a new chapter of growth for our Australian operations. Since launching our financial services practice in 1989, Australia has been one of the largest markets for Heidrick & Struggles globally.”
Scrambler MacGregor was founded in 2005, and works in corporate and institutional banking, insurance, asset management and wealth management sectors throughout Australia.
Heidrick & Struggles has more than a dozen offices across Asia Pacific and the Middle East, including offices in Sydney and Melbourne.