Caldwell Partners Posts 34 Percent Revenue Increase

July 22, 2014 – Executive search firm The Caldwell Partners International Inc. has posted fiscal 2014 third quarter revenues of $12.3 million, up 34 percent compared to $9.2 million the prior year. U.S. revenues increased 48 percent to $9.07 million driven primarily by increased search volumes and average fees, offset by fewer average partners during the current year. Canadian revenues rose 10 percent to $3.28 million. "Our team has delivered solid revenue and profitability results this quarter," said John N. Wallace, chief executive officer. "We have continued to see gains in important metrics such as average fee and searches per partner, and our revenue levels on a per partner basis are at a new high, all of which is a testament to the commitment and ongoing engagement of our partner and support teams." Caldwell Partners, founded in 1970, provides human capital services to its clients through offices and partners in Vancouver, San Francisco, Los Angeles, Dallas, Calgary, Chicago, Atlanta, Toronto, Stamford, New York City, and a strategic presence in London.