April 10, 2019 – U.K.-headquartered executive search firm Global Accounting Network (GAN) has opened its first U.S. office in Atlanta. The recruiting firm chose Atlanta in large part because of its booming fintech market, as well as its third-highest concentration of Inc. 5000 fast-growing privately owned businesses.
“Bringing our expertise to the United States and establishing a stateside home in Atlanta is a timely step for Global Accounting Network,” said Adrian O’Connor, founding partner and CEO of GAN. “We are delighted to be expanding our proven business models that have been successful helping candidates across the country and beyond secure exceptional career opportunities.”
The Atlanta market offers significant opportunity from both an HR talent and enterprise perspective, with 29 Fortune 1000 companies. In addition, more than 75 percent of the Fortune 1000 have a presence in the Atlanta area, and the region hosts roughly 1,250 multinational corporations. The Atlanta market is also home to companies like Coca-Cola Co., Home Depot, UPS, Delta Air Lines and Turner Broadcasting System.
GAN has more than 30 employees, seven of which will work in the Atlanta office. That includes Mr. O’Connor, who will be moving from London.
According to Mr. O’Connor, GAN has grown 40 percent year over year in 2018. “We have a 98 percent success rate on retained searches and a one percent fallout rate from placed candidates, as compared to the market average of nine percent,” he said.
“We’re enjoying a solid start to 2019 and are targeting another strong growth year, budgeting for another 40 percent growth in revenue from the U.K. alone,” Mr. O’Connor. “The launch of a new hub in Atlanta is a natural progression for our rapidly growing business thanks to the similar market, shared language and a business-friendly tax regime.”
Global Accounting Network, an international boutique executive search and recruiting firm, specializes in permanent and interim recruiting for qualified accountants, finance professionals and project managers. The firm was established in 2011.
Firms See Growth Opportunities in the U.S.
The U.S. is an appealing landing spot for U.K.-based executive search firms looking to expand – and searching for solid ground to soften the potential impact and uncertainty of Brexit. Here’s a look at a few of the recent moves made by search firms to America, taken from the Hunt Scanlon Media newswire archives:
Veteran executive search consultant Paul Groce has joined Leathwaite as head of the firm’s Americas region in an effort to increase its reach and further expand its brand outside the U.K. “The continued expansion of our U.S. business is central to Leathwaite’s future international growth strategy, and we are absolutely delighted to have hired Paul Groce to help raise our presence across the Americas,” said Neil Ejje, founding partner of Leathwaite.
London-headquartered executive search firm TritonExec expanded its private equity practice into the U.S. by opening new offices in Atlanta and New York. The U.S. expansion was led by partner Abe Doctor. The firm noted that its private equity practice has been the fastest growing segment of TritonExec’s business. Mr. Doctor is now responsible for the direction of TritonExec’s North American operations based in Atlanta.
London-headquartered executive search firm The Omerta Group (TOG) expanded its operations in the U.S. with the recent acquisition of New York-based recruiting firm Gollin Associates, which is led by Deborah Gollin. Each of the leaders has more than 20 years of experience across global talent acquisition and executive search. They will be advising The Omerta Group’s institutional investor and investment banking clients on their senior recruiting needs.
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; Stephen Sawicki, Managing Editor; and Andrew W. Mitchell, Managing Editor – Hunt Scanlon Media