Mercer buys consulting firm Censeo Corporation

Mercer has bought Censeo Corporation, a human resource consulting firm that offers online leadership assessment products and services to help organizations select, develop and retain talent. The acquisition builds upon Mercer's consulting strength and capabilities in strategic talent management. The transaction is expected to close at end of October and terms of the agreement were not disclosed.

Censeo is a full-service service provider in the area of assessments, leadership delivery and management reporting. Last year Censeo's Leadership Simulation Assessment was named a “Top Product of the Year” by HR Executive Magazine. Censeo's products and services include:

• 360 degree feedback: Platform for delivering and reporting on multi-dimensional surveys.
• TalentSIM: An online platform to measure such “soft” skills as leadership and sales effectiveness through job simulation.
• Employee surveys: Platform for measuring employee engagement, and for identifying opportunities to improve organizational effectiveness.
• Consulting services: Assessment-related consulting to help select, retain and develop talent and leverage assessment data for maximum value.

“Our clients tell us that the ability to attract, develop and retain talent is a key competitive differentiator”, said Jason Jeffay, Human Capital Segment Leader for talent management at Mercer. “We believe the acquisition of the business of Censeo will further strengthen Mercer's consulting insights into best practices of talent management. Censeo has a strong management team and highly-regarded products, and we believe the combination of our two businesses will enable us to further enhance our client consulting services.”