November 20, 2023 – Executive search firm Focus Search Partners, a Vaco company, has expanded with the addition of Seth Blumenthal as managing director to lead executive- and board-level engagements for their enterprise technology practice. “Seth’s track record of success, diverse experience and knowledge across business funding, organizational design, regulatory frameworks and executive search make him an incredible expert in the market,” said Adam Charlson, managing partner of Focus Search Partners. “Our clients will benefit tremendously from his insights and our firm is gaining an exceptional resource to solution for the needs of the venture capital community. We are thrilled to have him join our team.”
“Seth understands the needs of high-growth businesses during the various stages of their lifecycles,” said Paul Frankenberg, founder and managing partner of Focus Search Partners. “His holistic approach will create the on-brand experience for our stakeholders—both clients and candidates—that we are invested in creating across our business. Enterprise technology and deep tech is and will continue to be a focal point for our practice, and we are thrilled to add talented individuals like Seth to our growing team.”
Mr. Blumenthal was a partner at True Search, specializing in CEO and board appointments. For over four years, he played a role in establishing and expanding both the early stage and deep tech practices, collaborating with businesses and investors across the United States, Europe, the Middle East and Australia. He also served as general counsel and vice president of business development for education-focused for-profit entity Julian Krinsky Camps & Programs. In this capacity, he contributed significantly to the organization’s strategic growth. Earlier in his career, Mr. Blumenthal practiced law at two firms, focusing on M&A and corporate governance advisory within the technology, financial services and healthcare sectors. Notably, he also served as an assistant district attorney in the Major Economic Crimes Bureau at the Manhattan District Attorney’s Office.
Related: Vaco Appoints President
Focus Search Partners was acquired by Vaco to become the retained executive search division of the global talent solutions firm. With 35-plus team members and 13 partners across nine states, Focus Search Partners specializes in building teams to grow companies, focusing on recruiting board members, executives, and senior-level individuals.
Focus Search Partners Acquires Southerland Group
Focus Search Partners acquired Dallas-based Southerland Group, complementing its existing expertise across the healthcare industry. Southerland Group is a nationally recognized retained executive search firm with specialization in complex integrated delivery systems, hospitals, academic medical centers, children’s hospitals and payer organizations. Under the agreement, Southerland Group’s founder Keith Southerland and his team will join Focus Search Partners’ leadership team. Mr. Southerland brings more than three decades of experience leading executive search for healthcare provider organizations to the firm and has conducted more than 1,100 searches for non-profit multi-hospital health systems, professional associations, pediatric health systems, public hospitals, academic medical centers and managed care organizations.
Founded in 2002 by Jerry Bostelman, Jay Hollomon, and Brian Waller, Brentwood, TN-based Vaco provides boutique-level service with global reach in executive search, consulting, permanent placement and strategic staffing. Its areas of expertise include accounting, finance, technology, healthcare IT, operations, administration, and managed services. The firm operates more than 35 offices, with 780-plus employees and 4,300 consultants worldwide.
Focus Search Partners recently named Michael Caggiano as managing partner. In his role, he will look to grow new revenue streams for Focus Search Partners from both inside and outside of the Vaco Holdings family of companies. “Michael has a rich track record in executive search, primarily in leading revenue growth and fostering brand collaboration through scale,” said Mr. Frankenberg, founder and president of Focus Search Partners. “These have been hallmarks of his career. As Focus Search Partners surges ahead with our aggressive growth and expansion, Micael’s leadership and experience will be invaluable.”
With over 20 years of experience, Mr. Caggiano has conducted numerous successful searches for public and private companies nationwide. His industry expertise spans professional services firms, manufacturers, government contractors, nonprofit organizations, technology development companies, sports and entertainment groups, banking and financial institutions, and private equity firms. Mr. Caggiano most recently served as senior vice president of U.S. search operations for Robert Half Executive Search, where he increased profitability to record levels and created a comprehensive executive search training program.
Related: Vaco Acquired by Private Equity Firm
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Executive Editor; Lily Fauver, Senior Editor – Hunt Scanlon Media