The acquisition of Heinrich & Coll. saw I. K. Hofmann add to its range of services in the executive search business field. Heinrich & Coll. acts as an independent brand within the corporate group.

On 22nd of July 2019, 58 people were awarded the Order of Merit by the Bavarian Minister-President. Amongst their number was Ingrid Hofmann, founder and managing director of Personal Hofmann.

In family run companies, the search for a successor is usually not as simple as it might be expected. It would typically be expected that the son, daughter, or the grandchildren would take over any management positions, but the fact that entrepreneurial expertise is paramount for a succession means that a follower from within the family isn’t necessarily the best choice.