A Boston-based private equity firm focused on healthcare investing had recently acquired a CRO in the Greater Philadelphia area focused on Bioanalytical testing and DMPK services. This CRO had previously been owned and managed by their single founder for the past two decades.
The CRO had a new executive team put into place, and at the start of 2022 was tasked to grow by 50% (from 100 FTE to 150 FTE) by leadership from the Private Equity firm. While this human capital growth happened, this client also needed to do facilities expansion to help house the new staff.
This Private Equity company needed their portfolio company to stay focused on R&D operation growth and execution, and they decided to have GTS Scientific run end-to-end recruiting operations for hiring 50 FTE’s over the next 6 month.
As a true RPO, GTS Scientific managed the complete requisition process from job qualification, candidate sourcing, screening, and shortlist selection. After decision maker interviews, GTS Scientific was responsible for interview feedback, offer extensions/negotiations. GTS Scientific further supported management by developing and holding KPI meetings to keep hiring managers and executive management informed throughout the process and seeing each candidate through acceptance to their start dates.
In the 6 months following the resignation of the internal recruitment manager, the CRO client was able to maintain their concentration on their core goal of growing their R&D and R&D support divisions while GTS Scientific solved the business challenge of attracting and retaining 35+ new high quality, specialized backgrounds.