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Leadership development consultancy, the Centre for High Performance Development (CHPD), has been bought by Capital H Group, a Chicago-based human capital consulting firm.

Co-founder and executive chairman of CHPD, Chris Parry, explained that the deal, which was signed on 22 October 2007, is part of the long term plan for the business: “We always knew that to grow the business in the long term, we would need a partner to help with expansion. We now want to move into a new stage of more radical growth and are very excited about the prospects for both employees and clients.”

Capital H Group, is an expert in strategy clarification and alignment, organisation effectiveness and talent management. Last month (September 2007), Capital H Group was ranked 134 on Inc Magazine's list of the 500 fastest-growing privately-held companies in the United States.

Greg Silich, chief operating officer of Capital H Group, said: “We are very excited about our future together. CHPD has an excellent reputation and a stellar client list of over 100 organisations worldwide. Their database of more than 10,000 leadership profiles is recognised as one of the foremost benchmarking tools for developing future leaders. Most organisations today recognise that effective leadership is absolutely critical to their success, so the market opportunity for leadership development services is huge.”

Julia Payne, chief executive of CHPD, said: “Being part of Capital H Group gives us access to new products and new markets which will help us grow the business and service our clients even more effectively. Our expertise and research has focused on the area of leadership development, from first line manager up to CEO, while Capital H Group has a greater offering in the areas managing change, HR processes and recruitment strategies, so the two organisations will complement each other very well.”

Co-founders of CHPD Tony Cockerill and Chris Parry will remain in the business under the new parent company. Chris Parry continues her role as executive chairman and Dr Tony Cockerill continues his non-executive role with a focus on new business and research.

CHPD will continue to operate under its name as a division of Capital H Group. Efforts to broadly introduce CHPD’s offerings in the U.S. are planned for next year.

Notes to editors:

The Centre for High Performance Development is a leadership development consultancy based in London. It is founded on international research into the distinguishing characteristics of leaders, teams and organisations that consistently perform at high levels in a dynamic and competitive world. It offers research, expertise, products, processes and skill sets to enhance performance and gain sustainable competitive advantage. www.chpd.com

Capital H Group, (www.capitalhgroup.com) is a rapidly growing human capital consulting group, with offices in Chicago, Boston, New York, Detroit, Milwaukee, Houston and Los Angeles and nearly 200 professionals recruited from the major firms in the field. Capital H Group focuses on helping companies create value – through people – for better business results.

For CHPD press information please contact:

Louise Raisbeck
Tel: 07966 688063
Email: louise@raisbeckpr.co.uk

For Capital H press information please contact:

Heidi O’Gorman
Tel: 00 1 312 416 0702
Email: heidi.ogorman@capitalhgroup.com

This press release was distributed by ResponseSource Press Release Wire on behalf of Raisbeck Public Relations in the following categories: Education & Human Resources, for more information visit http://pressreleasewire.responsesource.com/about.