Global executive search firm CTPartners (CTP: NYSE) announced yesterday that it has entered into a letter of intent to acquire the Australian office of executive search firm Park Brown International. Park Brown specialises in executive recruitment in energy, natural resources, and infrastructure.

The Park Brown International office is located in Perth, Western Australia and is one of four offices worldwide; including Aberdeen and Edinburgh in Scotland, and Houston, Texas.

The acquisition is for the Australian office only. Financial details of the transaction were not disclosed. 

Brian Sullivan, CEO of CTPartners, said, “Park Brown in Perth is known as the leading, independent search firm in their sector, dominating the Asia Pacific region. The four partners of Park Brown, Debbie Cozart, Colin Simpson, Beau Yorke and David Cowan, strengthen our Industrial sector expertise and complement our existing global natural resources capabilities. Their reputations are stellar and we are thrilled to have them on board.”

This letter of intent marks the second acquisition that CTPartners has made in 2014. In January, the company announced its intent to acquire Johnson, an independent executive search and leadership advisory firm based in Sydney.