ST. AUGUSTINE, Fla., Oct. 3, 2017 /PRNewswire/ -- The Tolan Group -- A Member of the Sanford Rose Associates Network of Offices - announced that it has acquired Charleston, SC based Discover Biopharmaceutical Search and Placement, a boutique search firm dedicated to the biopharmaceutical field. Terms were not disclosed. The transition is effective immediately.
"This is a very strategic opportunity for our firm," said Timothy J. Tolan, CEO and Managing Partner. "The healthcare sector continues to grow and expand, and life sciences is a big part of that expansion," added Tolan. Annual sales of biopharmaceuticals are now over $200 billion globally, and industry revenue continues to grow at a healthy 15% annually which means there is a huge need for talent in this sector. The Tolan Group, one of the top performing offices of the SRA network, started in 2005 and is 100% dedicated to client-focused search in most major segments of healthcare. The Tolan Group is a Hunt Scanlon Top 50 Healthcare and Life Sciences search firm focused in talent acquisition for healthcare software and services, life sciences, behavioral health, family and human services and the substance abuse market serving both for profit and nonprofit organizations.
"Joining The Tolan Group is very synergistic for my firm in order to grow and scale while adding additional services we can now offer the clients we serve," said Michael Smith, Managing Director of Discover Biopharmaceutical Search and Placement. "The Tolan Group will allow us to provide world-class service levels that our clients will benefit from greatly. Their reputation as a Hunt Scanlon Top 50 Executive Search Firm speaks for itself," added Smith.
The Tolan Group, with headquarters in St. Augustine, has satellite offices in Atlanta, Philadelphia, St. Louis, Appleton, WI and Charleston SC. Its mission is to be the preferred source of executive recruiting services for clients and candidates in every market they serve. Having served the recruiting needs of business and industry since 1959, Sanford Rose Associates is one of the oldest and largest recruiting firms in the United States.
SOURCE The Tolan Group