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Sigmar Recruitment and French Staffing Firm Groupe Adéquat Announce Strategic Partnership to Create a €1bn Global Group

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Irish Recruitment firm, Sigmar Recruitment today announced a strategic partnership with French staffing giant Groupe Adéquat. The partnership will be structured through a staged equity investment over a 5 year period that will see Groupe Adéquat take majority interest. Both companies are dominant players in their respective markets and will now look to expand internationally through organic growth and acquisition. The deal will see significant growth in Sigmar’s Irish operations and will propel Sigmar as Groupe Adéquat’s gateway to English speaking countries. The existing management team will remain at Sigmar for the long term and will work with the Groupe Adéquat’s leadership team to execute international expansion.

 

Commenting on the partnership, Sigmar CEO, Adrian McGennis said: “Groupe Adéquat have a very similar mindset and culture to Sigmar with major ambition to scale that aligns with ours. Our partnership with Groupe Adéquat will allow us to accelerate our plans to internationalize while expanding our service offering for our customers in Ireland. We are delighted to work with the team in Groupe Adéquat and look forward to building a global business through delivering on our values commitment to all stakeholders.”

 

Groupe Adéquat leadership team stated: “Our mission over the next 5 years is to become one of the top 25 staffing firms in the world, both through organic growth continued investment in high potential international brands such as Sigmar. We identified Sigmar as a strategic partner as they have a reputation for being one of the most respected and innovative consultancies in Europe. We believe that the Sigmar brand has true international currency and this investment represents a significant step, for us, in becoming a global group.  Above all else we share the same values and ambition to deliver more for our colleagues, clients and candidates.”

 

 

Posted by Julia Purcell on 8 February 2018

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Talent solutions really is an exciting place to be right now

Talent solutions really is an exciting place to be right now

Taken from Silicon Republic Leaders’ Insights, Sigmar’s Adrian McGennis discusses building a brand overseas and why a ‘land and expand’ model isn’t always the best option. Adrian McGennis is CEO and co-founder at Irish recruitment company Sigmar. Prior to Sigmar, McGennis was managing director with Marlborough and he has been involved in two successful IPOs. He holds a degree in engineering from University College Dublin and has garnered several postgraduate management awards. Founded in 2002, Sigmar has been named as a Best Managed Company by Deloitte for the past three years. Last August it opened a new European talent hub in Co Kerry as it announced plans to create 50 roles. Describe your role and what you do. As part of a team to grow a meaningful, profitable, worthy business and enjoy the experience – this involves developing people in a positive, learning, achieving culture. As well as building great relationships with clients and candidates, we are passionate about contributing to community. How do you prioritise and organise your working life? At all levels we have really great teams at Sigmar, so we get a strong buy-in to the company goals. This will be the basis of prioritisation. Maintaining the culture is the basis for values and growth, so spend a lot of time with colleagues and customers. Thankfully, our partnership with Groupe Adéquat has been very positive and they are like-minded in values, so prioritisation and organisation haven’t changed much. What are the biggest challenges facing your sector and how are you tackling them? Having enjoyed 10 years of strong growth, the potential for economic uncertainty could present a challenge. We are talking with clients more and have the scale and agility to provide flexible solutions for them. Thankfully, we have been innovative in using technology, but we need to be constantly aware of optimising our offering utilising better communication, AI, analytics etc. What are the key sector opportunities you’re capitalising on? We are very positive on the sector, but the rate of change is increasing. We see, therefore, new opportunities in managed services, new sectors, onsite staffing, statement of work etc. Our new model based in Tralee, servicing the IT market in Germany, is working and scaling really well and forms the basis of expanding into new European and US markets. Talent solutions really is an exciting place to be right now. What set you on the road to where you are now? When we completed our MBO in 2009, many of the team were involved. We had ambitions to develop a commercially strong business (which has been successful), but also to build a great Irish business which would be recognised internationally. Innovations like the Talent Summit, Ireland Gateway to Europe and National Employment Week have helped position ourselves to achieve both these goals. What was your biggest mistake and what did you learn from it? We did underestimate the importance of brand when expanding overseas in 2005/2006. Some of our overseas operations did create impact, but with limited resources it was a challenge to develop deep routes through a ‘land and expand’ model. Now, we are successfully servicing clients and developing relationships in overseas locations before opening a significant office. How do you get the best out of your team? The quality and commitment of the team is high so, really, allow them to do their job! We encourage risk and learn from any failures. We do have strong respect and equally celebrate success. From day one we all agreed to our culture/values, so anyone joining Sigmar is clear on where we are going and, hopefully, how to get there. What was your biggest mistake and what did you learn from it? We did underestimate the importance of brand when expanding overseas in 2005/2006. Some of our overseas operations did create impact, but with limited resources it was a challenge to develop deep routes through a ‘land and expand’ model. Now, we are successfully servicing clients and developing relationships in overseas locations before opening a significant office. How do you get the best out of your team? The quality and commitment of the team is high so, really, allow them to do their job! We encourage risk and learn from any failures. We do have strong respect and equally celebrate success. From day one we all agreed to our culture/values, so anyone joining Sigmar is clear on where we are going and, hopefully, how to get there. STEM sectors receive a lot of criticism for a lack of diversity in terms of gender, ethnicity and other demographics. Have you noticed a diversity problem in your sector? 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He also seems to instil authenticity, and even humility, into high performance. The analytics, data recording/management, team building, results focus are all very impressive, but the simple imparting a message to ‘do your job’ really works and seemed to be enjoyed. What books have you read that you would recommend? I liked Sapiens by Yuval Noah Harari. Didn’t necessarily agree with all his theories, but does make one think. I was recommended Legacy by James Kerr, and I have to say it does simply articulate the collective belief in high standards exhibited by the All Blacks. I am now recommending it to some of our teams to read/review/implement. What are the essential tools and resources that get you through the working week? Phones, a computer and coffee are all good – oh, and a pint on Friday evening. We do use various tools to gather regular data across the company which is important, but I feel equally important is to speak with people about what we need to do as a result of the data.y to Europe and National Employment Week have helped position ourselves to achieve both these goals.

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Reflections on Talent Summit 2019

Reflections on Talent Summit 2019

Almost two weeks have passed since Talent Summit, yet the excitement from the event is still very much alive. I met with Talent Summit Founder, Robert Mac Giolla Phádraig to ask him to share some of his key takeaways and highlights from Talent Summit 2019. Kate Costello – “Have the Heart of a Lion Even When You Feel Like a Mouse” After being asked for his top five takeaways, without even a moment to reflect, Robert started with “Kate Costello’s speech was a particularly significant take away”. Kate, who is only 16, spoke at Talent Summit to present the Dermot Costello Outstanding Leadership Award in honour of her father to the Irish women’s hockey team who reached the World Cup finals for the first time ever last summer. In her speech Kate told the story of a mouse who wanted to look bigger and stronger than those he feared so they would fear him. He asked a wizard to change him from a mouse to a cat, then a cat to a dog and then a dog to a lion. After some time, the wizard said, “with the heart of a mouse there is nothing I can do for you”. It’s a powerful statement to those in leadership. Being a leader means being brave in your actions to lead and guide others. You need to be courageousness to lead beyond the odds, have the heart of a lion even if sometimes we feel like a mouse. Robert reflected on the parallel message in Kate’s story of how we can leave a lasting impression on those close to us, shaping and activating change beyond what we expect and, in many cases, never even knowing we’ve impacted on a person. “The fact that Kate stood on the stage, eloquently recounting a story her father once told her, shows the personal impact we can have on those around us, can be truly transformative, beyond what we intend it to be. The irony here is that Kate not only showed the “heart of a lion” as she presented the award to her own heroes, but she herself was demonstrating outstanding leadership through her actions. My takeaway from this is that we inspire and activate those around us, every day in most cases without even realising it.” “Last year, I recalled how spending time with Dermot, was often like a life lesson, as you would come away with a different twist on whatever topic we discussed. It’s clear that the apple didn’t fall far from the tree… Thanks for that lesson Kate!” Robert Gibbs, Chief Human Capital Officer, NASA – The Power of Positive Intent The NASA transformation story shows very clearly how purpose is our defining competitive advantage. Robert reflected on Robert Gibbs keynote which explained how NASA’s raison d'être boils down to the flourishment of human kind which allows them to operate on the fringe of what is commercially viable, giving them the ultimate competitive advantage. “Robert Gibbs also reminded us that change is a ‘contact sport’, it’s personal, constant and unpredictable, requiring continuous communication and feedback”. 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Monica spoke about this in the context of societal change, but the glaringly obvious parallel in our working world, is that as some resist change and others passively act as bystanders, we truly need to firmly stand “for” the purpose behind the change we hope to achieve.” Mirroring Margaret’s Heffernan’s comment on workplace loneliness and Kate’s story of the need for the heart of a lion, when we sometimes feel like a mouse, Monica harpooned the message of individual impact home when she said, “there is power in small numbers when there is consistency over time.” We need to create a narrative steeped in empathy to be truly compassionate in all aspects of our lives. “Our purpose at Talent Summit is to create better working lives as the world of work augments and being more compassionate is really what it all boils down to! "Tanx" for sharing such a powerful message Monica.” …..and tanx to all who supported, spoke, attended and participated at Talent Summit 2019. See you next year!