Andersen Partnership Acquires SearchBank China
October 31, 2014 – Andersen Partnership, recruiting specialists in the insurance, banking, accounting and technology markets, has acquired executive search firm SearchBank China. Financial terms of the deal were not disclosed. Based in Shanghai and managed by recruitment veteran Adrian Hawkins, SearchBank has offices in Shanghai, Hong Kong, Beijing and Chong Qing. Tom Birch, who previously managed Stirling Andersen in Perth, has been promoted to manage the brand in China. The firm has plans to hire more than 40 consultants over the coming months. The recent deregulation of China’s insurance market, and the presence of many existing clients, have created strong demand in the region, noted Mr. Andersen, who is in advanced talks to conclude several more acquisitions. Plans are underway to open offices in Dublin and Kuala Lumpur early next year.