Experienced Exec to Spearhead Continued
Growth
NEW
YORK, Aug. 8, 2023 /PRNewswire/ -- Tandym Group
("Tandym" or the "Company"), a leading national consulting,
recruitment, and workforce solutions company, announced today that
it has appointed Byrne Mulrooney as
Chief Executive Officer. Mr. Mulrooney has also joined Tandym's
Board of Directors. Tandym is a portfolio company of Mill Rock
Capital and ICG.
A veteran executive, Mr. Mulrooney joins Tandym after 13 years
at Korn Ferry, where he was most recently CEO of Korn Ferry Digital
and CEO of Korn Ferry's Recruitment Process Outsourcing (RPO)
segments. Mr. Mulrooney has a proven track record of driving growth
and creating high performing organizations, bringing together
people and technology to enhance client, candidate, and employee
experiences. Under his leadership, Korn Ferry expanded its
enterprise recruiting portfolio from its nascent beginnings in
Professional Search and RPO solutions into industry leadership
positions. Additionally, he led the firm's efforts to create a
multi-faceted digital business model underpinned by Korn Ferry's IP
that established and strengthened unique value propositions for
Korn Ferry's Talent Acquisition and Talent Management Workforce
Solutions. Prior to Korn Ferry, Mr. Mulrooney spent more than 25
years in positions of increasing responsibility at both public and
private companies, including IBM, EDS and Spherion.
"This role represents the capstone of my entire career, and I am
thrilled to be joining Tandym as CEO," said Mr. Mulrooney.
"Tandym's outstanding people, culture of success, and admirable
history of expansion have prepared it to thrive in a rapidly
evolving industry, and I am passionate about leading the Company
through the next chapter of its growth story."
Tandym's President, Dave Muller,
added, "On behalf of everyone at Tandym, I am excited for Byrne to
join the organization. He brings a wealth of experience and a
broad, global perspective, and I am confident that he will help
steer our company energetically as we move forward. I am excited to
work with Byrne to build an organization that is well-positioned
for the future."
"We are delighted to welcome Byrne as Tandym's Chief Executive
Officer," stated Chris Whalen and
Adi Pekmezovic, Tandym Board Members and Co-Founders of Mill Rock
Capital. "His strong leadership skills, proven track record and a
focus on culture will be important assets as we continue to execute
Tandym's strategy."
"Byrne has a clear vision for growth across each
of Tandym's business segments," said Justin McDougall, Managing Director of ICG. "We
look forward to working with him and our partners at Mill Rock to
realize the Company's full potential."
Since Mill Rock and ICG's investment in Tandym in March 2021, the Company has acquired and
integrated three complementary businesses, expanded its footprint
across the United States and into
new markets, and invested in people and technology to support
continued organic and inorganic growth.
About Tandym Group
Tandym is a leading consulting, recruitment, and workforce
solutions company with offices throughout the U.S. Named one of
Inc. Magazine's fastest growing companies, the company serves
clients across a broad range of verticals, including Healthcare,
Technology, Life Sciences, and Professional Services (which
includes Accounting, Financial Services, HR/People &
Operations, and Legal). For more information, please
visit: tandymgroup.com.
About Mill Rock Capital
Great Mill Rock LLC dba Mill Rock Capital is a growth and
operations oriented private investment firm that invests in
well-positioned middle market industrial businesses in North America. Founded by Christopher Whalen and Adi Pekmezovic, Mill Rock
Capital is purpose-built to invest in family-owned businesses,
owner-operators and founder-led companies across six industry
verticals. Focus sectors include chemicals, materials and
packaging; industrial distribution; services; metals and engineered
materials; transportation and logistics; and specialty
manufacturing and industrial technology. This strategy leverages
the deep expertise of the firm's principals, a majority of whom
have direct operating experience in these same industries. Mill
Rock Capital supports business transformation through a
dual-sourcing strategy encompassing majority equity and Activ
Capital® – debt, senior equity or hybrid
investments which provide business owners value-added financial
partnership without relinquishing a controlling stake. For more
information, please visit millrock-cap.com.
About Intermediate Capital Group
ICG provides capital to help companies grow. The company is a
global alternative asset manager with over 30 years' history,
managing $77 billion of third-party assets in private
debt, credit and equity - principally in closed-end funds - as of
year-end June 2023.
ICG seeks to develop long-term relationships with its business
partners to deliver value for shareholders, clients and employees,
and use ICG's position of influence to benefit the environment and
society. The firm operates across four strategic asset classes:
corporate, capital market, real asset and secondary investments. In
addition to growing existing strategies, ICG seeks to innovate and
pioneer new strategies where the market opportunity exists. ICG is
listed on the London Stock Exchange (ticker symbol: ICP). Further
details are available at icgam.com.
Media contacts
Lambert
Caroline Luz
203-570-6462
cluz@lambert.com
or
Joanne Lessner
212-222-7436
jlessner@lambert.com
Tandym Group
Stephanie Klemperer
212-871-0607
stephanie.klemperer@tandymgroup.com
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SOURCE Tandym Group
