CTPartners Acquires Australia-based Johnson
Executive search firm CTPartners Executive Search has announced it has completed its acquisition of Johnson, an independent executive search firm in Australia.
CTPartners CEO Brian Sullivan said: “Since 2004, CTPartners has been on a steady growth trajectory, now with 27 offices across 17 countries. The acquisition of Johnson is an important strategic step as it provides a strong entry into the Australian market while accelerating the growth of our operations in the broader APAC region. In addition, with the full support and resources of CTPartners, Jason Johnson and his team have the potential to transform the executive search industry in Australia and become the preeminent firm in the country.”
Jason Johnson, Founder and Managing Partner of Johnson and Global Vice Chairman of the Association of Executive Search Consultants (AESC), said: “As CTPartners Johnson we are ideally positioned to support our clients’ global growth ambitions as CTPartners is one of the leading executive search firms in the industry and the true quality leader. With access to a cohesive team of over 130 partners and principals in virtually all major financial centres around the world and the firm’s commitment to transparency and accountability, it’s a great fit.”
He added: “Another key factor that attracted us to CTPartners was its acclaimed intellectual property and technology, including its Search Sigma process, 40 Day Audit™ and ClientNet®, a password protected extranet that provides clients 24/7 access to their search status, innovations that have allowed CTPartners to challenge the status quo of the executive search industry and, in so doing, lead the way.”
Commenting on the significance of the acquisition announcement, Mr Johnson said: “According to recent research from the AESC, we’re seeing the greatest growth across the industry in top-level, high-stakes, complex global searches that demand the highest levels of confidentiality.
“Also, as the world economy is slowly reawakening and given the very real talent shortage that exists in many countries, the AESC anticipates the global executive search industry will generate revenues in excess of $11 billion in calendar 2014, returning to former historic highs last seen in 2008.”
search-consult is published by Dillistone Systems, supplier of FileFinder Executive Search software. Dillistone Systems is part of Dillistone Group Plc, as are Voyager Recruitment Software and FCP Internet, supplier of the Evolve Recruitment Software SaaS system.