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Stevenson Search Partners secures funding to expand

06 March 2024

Stevenson Search Partners, a global life sciences executive search firm, with offices in the UK and US, announced that it received a significant long-term investment from SixSibs Capital, a US-based family-owned private investment company, to advance its expansion into a total talent solution company for the global life sciences market.

Financial details of the investment were not disclosed.

With this investment and momentum, Stevenson Search Partners is positioned to grow in the US, UK and Europe. The company aims to expand its services in talent development to continue to foster innovation and growth in the life sciences sector. The group services the global biotechnology, pharmaceutical, medical technology, contract research organisation (CRO) and contract development manufacturing organisation (CDMO) sectors.

Adam Bloom, President, Stevenson Search Partners, said in a press release, “Stevenson's long-term focus on quality, culture, diversity and partnership has been our driving force in providing leading-edge talent and services to our partners across the globe. We are thrilled with the opportunity to build on our foundation and grow our business with the support and collaboration of SixSibs Capital. Our ability to scale our capabilities is an important next step in our commitment to supporting the remarkable life science professionals who are dedicated to advancing medicines and improving lives."

SixSibs Capital President and CEO Jack Wigdale said in a press release, “Our investment in Stevenson is timely and strategic, driven by the pressing call for innovation in the biopharma industry. With long-term healthcare spending on the rise and a need for skilled human resources, Stevenson's expertise in life sciences talent acquisition, combined with their deep network, positions them perfectly to meet this challenge. By providing additional investment in its people, process and technology, we aim to accelerate Stevenson's growth in executive search, empowering them to leverage advancements and meet the evolving needs of the industry."