Rochelle Park-based ZRG, a global talent advisory firm, announced it has acquired Terra Search Partners, an executive search firm exclusive to the real estate industry.
Terms of the deal were not disclosed.
Terra Search, founded in 2006, advises real estate businesses throughout the U.S. on positive transformation through human capital. Terra Search officials say they have leveraged their extensive background in real estate development and investment, bringing a contextual perspective to the search process, enabling the firm to use the power of search to help build leadership teams, and empower its clients to better execute, grow, and compete within their markets.
ZRG CEO Larry Hartmann said the acquisition is a fit on many levels.
“The team at Terra Search is a great addition to our real estate practice,” he said. Our data-driven approach to talent plus their deep expertise in the real estate sector is a boon for our clients across the globe.
“Real estate expertise is required in all sectors of the economy and all functional skillsets are required within the real estate industry, which is ideally suited for ZRG’s cross-sector, interdisciplinary approach to human capital.”
Terra Search founder Matt Slepin, who hosts the 5-star rated podcast series, “Leading Voices in Real Estate,” was thrilled by the move.
“Real estate has become increasingly institutional where human capital is at a premium, and the power of the ZRG model can make a significant impact on the business,” he said. “We are thrilled to be able to leverage the breadth of the ZRG platform to grow our practice.”