Bespoke Partners Offers Two-Year Executive Placement Guarantee
December 19, 2022 – San Diego, CA-headquartered executive search firm Bespoke Partners has announced a two-year guarantee on executive placements with the company’s leadership assessment service. “Doubling the industry standard of one-year guarantees on executive placements, the two-year guarantee from Bespoke Partners ensures placed executives will remain with client companies for at least 24 months,” the firm said. “The new guarantee is available to clients who utilize Bespoke’s FIT Profile behavioral assessments to assess leadership candidates and executive leadership teams.”
“Bespoke is proud to deliver an industry-leading 99% success rate of placed executives who continue to lead client companies for at least two years,” said Eric Walczykowski, CEO. “We recognize that our clients are looking for stability in these uncertain economic times, and the need for seasoned executives who can successfully achieve a firm’s investment thesis has never been more critical.
“Some search firms are regressing and decreasing their guarantees to only six months,” Mr. Walczykowski said. “We pledge to be our clients’ partner in human capital management, and our two-year guarantee is a commitment to that partnership.”
The two-year guarantee will go into effect on January 1, 2023 and will apply to all executive searches and placements conducted with a completed FIT profile assessment. If the placed executive leaves the role or is terminated within 24 months based on the terms and conditions, the search will be redone at no cost to the client.
The new guarantee will be featured in a webinar exploring mitigating the risks of making a bad C-suite hire with Hunt Scanlon on February 1, 2023. Register for the webinar here.
“Our FIT profile assessment is the gold standard for ensuring an executive candidate will be the right fit for the company’s leadership team and enable the company to execute on the value creation plan,” Mr. Walczykowski said. “We are so confident that the FIT profile process will result in the right placement that we are backing it up with this guarantee and sharing human capital risk with our clients.”
Bespoke’s Two-Year Guarantee is made possible by the company’s unique search 2.0 process. As a data-driven approach that supplements the human elements of executive recruiting, search 2.0 features:
- Advanced Scorecarding – tailoring a search to specific company needs and its value creation plan for achieving the investment thesis.
- Deep Validation – an in-depth backchannel reference checking to yield insight into a candidate’s background and skills.
- FIT Profile – a holistic view using behavioral assessments and management science to analyze a candidate’s potential for success in the company, team and role.
Serving the PE Sector
Bespoke Partners is an executive search and leadership advisory firm dedicated to partnering with top private equity firms, including Francisco Partners, Clearlake Capital, WCAS, Insight Partners, GI Partners, General Atlantic, CVC Capital Partners, and TA Associates, among many others, to recruit software talent and assess and evaluate teams at every stage of the investment lifecycle, from growth equity to buyout.
Related: Bespoke Partners Appoints Chief People Officer
The search firm has completed over 600 searches since its inception a decade ago. Its expertise includes all C-level searches across multiple functional domains, including financial officers, HR and people, marketing and technology, as well as board of directors and internal private equity operating partner searches. The firm’s expanding leadership advisory platform includes organizational due diligence as well as executive assessment and coaching.
Bespoke Partners Receives Strategic Investment from AEA Growth
Bespoke Partners has received a strategic investment from AEA Growth. “We are excited to collaborate with the team at AEA Growth to enhance our services and deliver even greater value to our clients,” said Bespoke founder Kristie Nova. “The investment team brings deep expertise in technology-enabled professional services and retained search that will help us continue to grow and scale while continuing to deliver unparalleled client satisfaction.”
“Bespoke Partners is a best-in-class retained executive search firm due to its high-performance team culture and committed focus on the enterprise software market for over a decade,” said Ravi Sarin, co-head and partner of AEA Growth. “We see tremendous growth potential for Bespoke as it scales its team and further leverages technology to drive high quality placements and human capital advisory services for its clients.”
Bespoke Partners has just announced that founding partner Kristie Nova will lead the firm’s dedicated practice placing high-impact chief executive officers in private equity portfolio companies. “I’m thrilled to return to my roots and lead our search practice to bring exceptional CEOs to our clients. The CEO plays the most critical role in driving portfolio company growth and achieving value creation objectives. Finding the most effective leader for that role has never been more important than in today’s challenging economic climate,” said Ms. Nova. Ms. Nova founded Bespoke Partners in 2011 and grew the firm into the premier human capital advisory partner for private equity firms investing in the growth and middle market software sector. As private equity firms have raised record-breaking funds in recent years, Bespoke likewise has expanded its executive network and search expertise to address leadership needs for companies across the private equity spectrum, from growth to middle market to large cap.
Related: Bespoke Partners Adds CEO of Sales Benchmark Index as Board Member
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; and Stephen Sawicki, Managing Editor – Hunt Scanlon Media
