Marsh McLennan’s Mercer completes acquisition of The Talent Enterprise bolstering capabilities in the Middle East
Oman, 27 March 2024
Mercer, a global leader in redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being, and a business of Marsh McLennan (NYSE: MMC), has finalized its previously announced acquisition of The Talent Enterprise (TTE), a leading psychometric and talent assessment technology company based in the United Arab Emirates. Terms were not disclosed.
Through the acquisition of The Talent Enterprise, Mercer will provide talent assessment tools and capability development solutions that enable organizations to make critical people decisions. Incorporating organizational psychologists, human capital, data science and technology experts, this expanded suite of services and insights will support organizations pursuing workforce transformations and solutions that will attract, retain, and develop the best talent to meet growing demands.
“We are thrilled to welcome The Talent Enterprise to Mercer, at a time where businesses are actively pursuing HR transformations in a competitive market for talent. As organizations navigate the challenges of managing a modern workforce in a dynamic landscape, Mercer Talent Enterprise are perfectly positioned to meet these growing client demands,” said Tarek Lotfy, President, Mercer India, Middle East, and Africa.
David Jones, who will lead Mercer Talent Enterprise’s assessment business in the Middle East, added, “Organizations continue to adapt to changing workforce demands and talent needs, and we look forward to supporting our clients on their HR transformation journeys through our combined capabilities, best-in class assessment solutions and unmatched behavioral insights.”