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Publicly traded CTPartners Executive Search Inc (NYSE MKT: CTP) has acquired Augmentum Consulting Ltd., an executive search firm based in London. Previously, Augmentum had been operating as Amrop Augmentum.
Augmentum Consulting has 13 client-facing consultants working for 20 of the FTSE 100, a number of Fortune 500 companies, and innovative and entrepreneurial market leaders. The company works across most industry verticals, and has specific expertise in the Professional Service & Outsourcing; Technology, Media & Telecommunications; Industrial; Automotive; Consumer; Retail; Sport & Leisure; and Financial Services industries. These areas of strength also complement CTPartners’ existing UK business. In addition, Augmentum has a leading edge Non-Executive Directorship (NED) practice which offers training and recruitment services.
Brian Sullivan, CEO of CTPartners commented: “With a reputation of delivering complex hiring mandates for leading global organizations across industries, the combination of the two firms in the UK market and globally will provide a strong competitive advantage and enhanced opportunities ... Acquiring Augmentum is consistent with our growth strategy and the transaction will have an immediate positive financial impact.”
Headquartered in New York, with origins dating back to 1980, CTPartners describes itself as serving serves clients with a global organization of more than 400 professionals and employees in 22 offices and 15 countries. It offers “expertise in board advisory services and executive recruiting services in the financial services, life sciences, industrial, professional services, retail and consumer, and technology, media and telecom industries”.
Terms of the deal were not released.