LLR Partners, a private equity firm based in Philadelphia, has made an investment in Haddonfield, NJ-based True, a global executive talent management platform. The new partnership is aimed at developing and expanding innovation within the talent space. Financial terms of the deal were not disclosed.
True surpassed $100 million in revenues in 2019 and added 146 people during the pandemic. True has consistently been the fastest organic growth mid-sized search firm over the last decade. Last month, True placed No. 7 on the Hunt Scanlon Media ‘Top 50 Recruiters’ ranking.
David Reuter, a partner at LLR, joins True’s board of directors