December 2, 2016 – Executive search firm Bespoke Partners has recruited Phil Galati as chief executive officer of Energy Services Group, LLC (ESG). He succeeds Lynn Cannon, ESG’s founder and CEO. Bespoke vice president Bianca Moreno led the search.
Mr. Galati will lead the company in its next phase of growth by building on its industry leading technology platform and expanding the company’s capabilities both domestically and internationally. Most recently, Mr. Galati was CEO of Trillium Software. With more than 25 years of software and services industry experience, his career includes leadership roles at IBM, Sterling Commerce, Dell and Ernst & Young. He has had significant success growing software-as-a-service (SaaS) businesses, managing M&A activities and developing new geographic markets.
“Phil has proven over many years his ability to lead and build leading software and service companies,” said Mr. Cannon. “I know ESG is well positioned to continue to thrive and grow in the retail energy industry under his strong leadership.”
“Over the past 18 years, Lynn and the entire ESG team have built a reputation for delivering world-class software and services for the retail energy industry,” said Mr. Galati. “I look forward to building on this legacy, working with our customers to develop even more impactful solutions, and accelerating the growth and expansion of ESG.”
Energy Services Group (ESG) is the retail energy industry’s leading provider of transaction management, billing & CIS, and wholesale energy services. The company provides comprehensive and proven solutions for the unique business process needs of start-up retail suppliers and established, global suppliers of natural gas and electricity – and to everyone in between.
Private Equity Recruiting Booming
San Diego-headquartered Bespoke Partners assists private equity firms deliver executives to their portfolio companies. The firm has served clients including Rubicon, Insight Venture Partners, TravelClick, Personify, Cherwell Software, Abila and TA Associates.
Ms. Moreno joined Bespoke Partners in 2014 and has played an integral role in building out the firm’s infrastructure to support its growth. In addition to the work she has done internally, she has built out teams for Insight Venture Partners, JMI Equity, Accel-KKR, and GTCR across the C-Suite for Abila, Businessolver, SR Labs, iParadigms, and Cision.
The private equity sector is now considered one of the fastest growing practice segments in the executive recruiting industry, with an expanding number of recruiting firms now servicing it coast to coast.
Private equity firms have been involved in some of the most notable business deals of the last two decades, but where the action seems to be centered is around smaller, less well-known portfolio companies that make up a widening universe of investment vehicles for private equity firms like TPG, Bain Capital, Silver Lake Partners, Carlyle Group, Kleiner Perkins, Huntsman Gay, Blackstone Group, General Atlantic, Khosla Ventures, and a slew of others.
Aside from the big-branded executive recruiters, all of whom devote significant time and manpower to talent acquisition initiatives throughout the PE space, boutique search firms working alongside these investment brands provide talent up and down the functional scale.
They include: CMF Associates, Benchmark Executive Search, ZRG Partners, JM Search, Howard Fischer Associates, 680 Partners, Bespoke Partners, CarterPierce, Jamesbeck Global Partners, Braddock Matthews, The Flatiron Group, The Corrigan Group, SPMB, Amity Search Partners, SG Partners, Oxbridge Group, Weatherly Group, True, Hobbs & Towne, Waverly Partners, Westwood Partners, Park Square Executive Search, Henkel Search Partners, Whitney Partners Executive Search, Juno Search Group, Long Ridge Partners, Pinnacle Group International, and countless more.
Contributed by Dale M. Zupsansky, Managing Editor, Hunt Scanlon Media