Toronto, Ontario– December 7, 2015– Retained executive search firm The Caldwell Partners International Inc. (TSX: CWL) (“Caldwell Partners”) today announced an expansion into the Australia/New Zealand market by forming a strategic affiliation with Simon Monks, Nick Scarlett and their teams, based out of Auckland, New Zealand.
Under the affiliation agreement, the team in New Zealand will operate exclusively under the Caldwell Partners brand and will have access to Caldwell Partners’ proprietary search methodology, processes, training and certain other intellectual property. As a result, search execution will be performed consistently and seamlessly across all regions, providing a fully unified offering internationally to all clients.
“We are extremely pleased to be welcoming Simon, Nick and their team to the Caldwell Partners family,” said John N. Wallace, chief executive officer. “With more than 25 years of experience in both local and international executive search and leadership advisory organisations, they have consulted to a wide variety of commercial enterprises at senior executive level in New Zealand, Australasia and internationally. With their addition, Caldwell Partners now provides services with 56 partners – employed and affiliated – in 21 locations worldwide.”
“We have been incredibly impressed by the degree to which Caldwell’s level of expertise, client focus, professionalism and culture is congruent with our own, and we look forward to providing our clients with access to the global talent market via such a high calibre team,” said Simon Monks. “By joining forces with the Caldwell Partners team, we will be part of the leading international boutique executive search firm.”
Wallace continued: “This represents another big step forward for our firm. The countries in which we operate represent nearly 40% of New Zealand’s direct foreign investors and, in fact, Canada is New Zealand’s largest source of foreign investment, according to a recent KPMG report. Our entrance into the Australia/New Zealand market will open up new opportunities to provide seamless international service to our clients.”
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, Latin America and in London, the firm takes pride in delivering an unmatched level of service and expertise to its clients. Caldwell Partners’ Common shares are listed on The Toronto Stock Exchange (TSX: CWL). Please visit our website at www.caldwell.com for further information.
Forward-looking statements in this document are based on current expectations that are subject to significant risks and uncertainties. Actual results might differ materially due to various factors such as the competitive nature of the executive search industry, the ability of the company to execute its growth strategies, the performance of the Canadian domestic and international economies, and the company’s ability to retain key personnel. The Caldwell Partners assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements.
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
+1 516 830 3535