Eastward Partners Names Head of Deal Advisory Practice
January 26, 2023 – New York-based Eastward Partners has appointed Lindsey Webb as associate partner and head of the deal advisory practice signaling expansion plans for the firm across the private equity human capital market. “Lindsey’s addition to our leadership team is a major milestone for our firm,” said Joe Carbone, founder and CEO. “It demonstrates our dedication to expanding our specializations and capabilities within professional services, and more specifically in the deal advisory space. Lindsey has seen the value of our services as a previous client, and now, as a team member, she will play a vital role in increasing our market share and enhancing our overall go-to-market strategy.”
Once a client of Eastward Partners, Ms. Webb joins the firm with over a decade of experience in advisory recruitment, having led searches across due diligence, technical accounting, restructuring, and performance improvement. She has worked with a wide range of clients across various industries, from large multinational corporations to middle-market companies. Before joining Eastward Partners, Ms. Webb led recruiting functions, including senior-level talent, at several consulting firms. Her prior experience includes working at Riveron, Houlihan Lokey, and Grant Thornton.
Ms. Webb’s responsibilities include spearheading Eastward’s expansion, overseeing the opening of an office in Chicago while heading up her industry vertical.
“I am very excited to join the Eastward team and become a part of their journey in providing top-notch executive search services,” said Ms. Webb. “I have first-hand experience with how they have differentiated themselves in a crowded marketplace.”
Related: Eastward Search Partners Appoints Brand & Digital Practice Leader
“By leveraging their unique consultative approach and insightful hiring methodologies, Eastward is well-positioned to become the market leader in its space,” she said. “I am particularly thrilled to drive the expansion of their deal advisory practice and contribute to their continued success in the professional services realm.”
Boutique Search Firm
Eastward Partners Inc is a venture backed, retained Executive Search and Human Capital Consulting firm with offices in New York City, Miami, and Chicago.
M&A Activity for Recruiting and Talent Platforms Expected to Heat Up In 2023
Acquisitions made big news in the recruiting industry this past year, and for good reason. Outside investors caught on to the sector’s expansion potential and long growth runway ahead. Top search leaders also found ways to maximize profit (cutting back on office space helped every search firm achieve a better bottom line in 2022). That made them highly attractive to private equity firms seeking platforms they could accelerate, and scale.
The big question has been: Will M&A activity within the talent sector continue its robust march forward in 2023? Generally-speaking, M&A across global business markets slowed significantly last year – a result of numerous factors. “For the second half of 2022, firms broadly adopted a ‘wait and see’ approach to M&A,” said Cody Crook, the newly installed chief strategy and investment officer at Hunt Scanlon Ventures. “Volatile market conditions, rising interest rates, and historic levels of inflation led to a significant M&A slowdown as uncertainty loomed large in the minds of would-be acquirers and sellers,” he added.
Eastward was founded with a focus on delivering talent acquisition solutions that lead to immediate and sustainable results within PE, PE backed and privately held organizations. Approached through the lens of strategic human capital management, the firm partners with clients to optimize core business functions essential to long-term value creation.The firm’s portfolio of work is focused on retained mandates for leadership positions as well as the building of high performing teams. They are on focused on building capabilities for clients within private equity, professional services and corporates.
Related: Eastward Partners Appoints Head of Private Equity Practice
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; and Stephen Sawicki, Managing Editor – Hunt Scanlon Media