Johnston's The Up Group acquired by a private equity-backed company
The Up Group, whose founder and CEO is Clare Johnston, is being acquired by a private equity-backed company. A European digital search, advisory and networking firm, The Up Group is being acquired by Alexander Mann Solutions. Terms were not disclosed. An executive search company, Alexander Mann is supported by OMERS Private Equity. It was founded by Rosaleen Blair, who moved from CEO to chair last year. The Up Group, which Clare founded in 2007, received an undisclosed amount of capital in 2016 from Livingbridge. The company’s client base includes Farfetch, Booking, Airbnb, Nike and HomeServe. Prior to founding The Up Group, Clare was a management consultant for Detica, an international tech consultancy, and co-managing director of an executive search firm.