Merger gives rise to one of the most experienced international
insurance search teams in the world
Toronto– October 1, 2014 – Retained executive search firm The Caldwell Partners International Inc. (TSX: CWL) today announced that it has acquired Hawksmoor Search, an executive search firm focusing on the insurance industry. The company announced on August 19 that it had entered into an agreement to acquire the firm.
Based in London, Hawksmoor Search is a retained executive search boutique specializing in board and senior management recruitment for clients in the insurance and reinsurance markets worldwide. The firm was launched in 2010 by Matthew Andrews, an executive search professional serving the insurance industry since 1987. Supporting Matthew on the Hawksmoor Search team are Jeremy Hughes and Catherine Parkes.
“This is a significant step forward for Caldwell Partners as we continue to grow our company, and we couldn’t be happier,” said John Wallace, chief executive officer. “Establishing our footprint in the European market is yet another major milestone for our firm, and one as important as our expansion to the United States back in 2009. We are truly excited to be planting Caldwell Partners’ flag in London, especially with as high calibre a team of professionals as Hawksmoor Search. Matthew’s great business acumen and industry experience will be an invaluable asset as he leads and directs our European expansion as Managing Director, Europe.”
Wallace continued: “Our growth strategy has always been fuelled by our determination to continually improve our service to our clients and to create sustainable value for our shareholders. In the last five years, we have opened six offices across the United States, and added high quality teams in the industry and functional areas most important to our clients. The addition of the Hawksmoor Search team is a clear continuation of this strategy, and in merging the considerable expertise and success of our two organizations, we have created one of the most experienced international insurance search teams in the world.”
“We are delighted to play such an important role in the firm’s continued growth and expansion, as we look to add high calibre partners and teams here in Europe” said Matthew Andrews. “Additionally, we are thrilled to be part of such a market-leading insurance practice. After 15 years of working closely with Peter Reed, our reputation in the insurance industry for the quality of our client service, the extent of our market knowledge and our track record of exceptionally close cooperation is unrivalled. We look forward to working even more closely to execute the best search assignments and deliver the best candidates for our clients.”
“The expansion of our footprint and broadened industry coverage will allow us to serve our clients in a much more integrated fashion,” said Peter Reed, leader of Caldwell’s Insurance Practice. “Our team is able to provide unrivalled access and hands-on strategic counsel to our clients across all sectors of the industry. By leveraging the collective experience of our entire team, we are able to work seamlessly and collaboratively across geographies with dedicated Insurance Practice partners now based in London, Stamford, New York, Dallas, Toronto, Vancouver and Calgary.”
About Caldwell Partners
Caldwell Partners is a leading international provider of executive search and has been for more than 40 years. As one of the world’s most trusted advisors in executive search, the firm has a sterling reputation built on successful searches for boards, chief and senior executives, and selected functional experts. With offices and partners across North America and in London, the firm takes pride in delivering an unmatched level of service and expertise to its clients.
The Caldwell Partners’ Common shares are listed on The Toronto Stock Exchange (TSX: CWL). Please visit our website at www.caldwell.com for further information.
For further information, please contact:
Investors & Analysts:
Chris Beck, CPA, Chief Financial Officer
The Caldwell Partners International
+1 617 934 1843
Caroline Lomot, Director of Marketing
The Caldwell Partners International
+1 214 765 7839