Dubai, 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.”
About Mercer
Mercer believes in building brighter futures by redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being. Mercer’s approximately 25,000 employees are based in 43 countries and the firm operates in over 130 countries. Mercer is a business of Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, with more than 85,000 colleagues and annual revenue of $23 billion. Through its market-leading businesses including Marsh, Guy Carpenter and Oliver Wyman, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment. For more information, visit mercer.com. Follow Mercer on LinkedIn and X.
Mercer Talent Enterprise is a leading global talent assessment, technology and leadership development business and a part of Mercer. Inspired by the vision to revolutionize legacy methods of talent assessment, people technology and leadership development, The Talent Enterprise helps clients accelerate the delivery of the future of work. By providing insights into the intricacies of behavior in individuals, teams and organizations, The Talent Enterprise helps policymakers, employers and educators make critical people decisions through The Science of Behaviourmetry®, which blends contemporary psychometric tools and assessment solutions with the latest advances in artificial intelligence and data science; a concept it pioneered. Lighthouse, is a leading employee assessment technology platform that provides an unrivalled range of psychometric tests, virtual assessment solutions and organizational surveys on a single platform delivering timely, immersive virtual test experience, real time data analytics and dynamic dashboards for clients.
Contact:
Whilemina Prendergast
+971 50 708 9071
whilemina.prendergast@mmc.com
