Mercer to acquire UAE-based The Talent Enterprise
With an aim to bolster talent assessment capabilities in the Middle East, Mercer has reached an agreement to acquire The Talent Enterprise (TTE), a psychometric and talent assessment technology company based in the United Arab Emirates.
Subject to regulatory approval, the acquisition of The Talent Enterprise, will help Mercer expand its ability to help clients shape their recruitment, high-potential identification, and coaching, along with leadership development and succession processes through the use of proprietary assessment tools and platforms.
The Talent Enterprise provides talent assessment tools and capability development solutions that enable organisations to make critical people decisions.
“The Talent Enterprise’s suite of services and insights are critically important to organisations today, many of which are pursuing workforce transformations and need people development, upskilling and reskilling tools to remain relevant and competitive,” said Tarek Lotfy, President, Mercer India, Middle East, and Africa.
“Through Mercer, we will be positioned to meet growing market demands, and empowered to offer the solutions that will attract, retain, and develop the best talent for our clients,” said David Jones, CEO for The Talent Enterprise.