Caldwell Partners Posts 62 Percent Revenue Gain
April 18, 2011 – Executive search firm The Caldwell Partners International Inc. has posted 2011 second quarter revenues of $8.8 million, up 67 percent compared to the prior year. Revenues generated in the U.S. represent 62 percent of the second quarter total due to an increase in the number of U.S. partners and their increasing individual contributions to revenue. "We have taken full advantage of our financial strength and the economic recession to establish operations in the United States," said John N. Wallace, chief executive officer. "With the addition of two additional partners in our second quarter and another early in our third quarter, our American operation is positioned for continued growth and will represent an increasing proportion of our overall revenues."