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Tennessee staffing company invests in executive search firm

June 09, 2014

Vaco, a Nashville, Tenn.-based staffing firm targeting the accounting, financial, IT and administrative professionals, acquired 50 percent of healthcare executive search firm Focus Search Partners.

The transaction closed April 4; terms were not disclosed. All members of Focus Search will continue to work with the firm.

“Executive search rounds out Vaco’s suite of services and allows us to recruit a company’s executive leadership and then fulfill all of their IT, finance and administrative needs on a project and permanent basis,” said Vaco CEO Jerry Bostelman.

Focus Search Partners will operate as Focus Search Partners, A Vaco Company, and provide its retained search services across Vaco’s 28 U.S. offices.

“Joining the Vaco team provides Focus Search with resources to serve our customers with market depth and national reach,” said Paul Frankenberg, president, CEO and founder of Focus Search Partners.

Founded in Nashville in 2001, Focus Search also operates in Atlanta, Dallas, Denver, Nashville and New Jersey.