On August 10, 2023, Russell Reynolds Associates (RRA), a global leadership advisory firm, announced the acquisition of Kilberry, a Canadian leadership advisory firm known for its expertise in executive assessment, CEO succession, executive coaching, and private equity advisory. The acquisition, which included Kilberry’s team of 10 professionals led by founder and CEO Richard Davis, PhD., enhances RRA’s core services and expands its footprint in North America.

Richard Davis, a licensed Industrial-Organizational Psychologist, joins RRA as a Managing Director in their Toronto office. His inclusion along with his team is expected to bolster RRA's advisory capabilities, providing deep industry insights and rigorous methodologies to an already diverse client base that includes top public companies, private equity firms, and family businesses.

Constantine Alexandrakis, CEO of RRA, highlighted the strategic value of the acquisition, noting that Kilberry’s team brings exceptional talent and valuable client relationships to RRA, enhancing the firm's ability to drive growth across the Canadian market.

This acquisition follows closely on the heels of RRA's purchase of Nvolv, a U.S.-based leadership advisory firm, signaling a continued expansion strategy. Intrepid Investment Bankers served as the strategic advisor to RRA for the transaction, marking a significant enhancement in RRA’s service range and market presence.