July 17, 2020 – Global executive search firm TritonExec has appointed Justin Cottrell as partner and leader of its U.S. expansion. Based in New York, Mr. Cottrell brings a wealth of experience in human capital, retained and project-based recruitment strategy as well as a track record in building and scaling a high-growth boutique technology recruitment firm. He has functional expertise in recruiting key leadership positions within the technology sector across software engineering, data and analytics, digital, cloud and information security.
“Having known Justin for some time now, we are delighted to have him finally join the firm,” said Jonathan Morris, partner and co-founder. “He not only brings great experience that will bolster our technology practice and deepen our partnerships in the space, but also embodies our mission and values here at TritonExec. He will be a key leader in developing the team and continuing our growth within the U.S. market. Our model, which is built on long term multi-year, recurring revenue partnerships has enabled us to navigate these difficult times and creates a clear platform for Justin to continue to build on,” he said.
Mr. Cottrell has a decade of functional technology recruiting experience. Previously, he was a technology sector leader at Korn Ferry. He started his career with national boutique technology staffing firm Talenor, where he climbed the ranks to president during his tenure. The firm grew from 10 people when he joined to 150, with seven offices across the country hitting $50 million in revenue at its peak.
“It’s incredibly exciting and humbling to be joining the TritonExec family and I look forward to adding value to an already amazing place to work,” said Mr. Cottrell. “I aim to have a positive impact on the firm’s continued trajectory, namely on the growth and expansion of U.S. operations, as well as increasing our global reach overall. The unique and varied solutions that TritonExec offers, as well as its people, are what drew me in – and I’m eager to get started.”
Founded in 2011 and headquartered in London, TritonExec has managed to carve itself a niche in a highly competitive sector. The firm embraces technology to predict and uncover subtle trends in compensation, diversity and talent shortages, as well as helping to determine which candidates are most likely to be successful in a certain organizations. Predictive hiring is said to be the next big focus – and opportunity – for executive search and leadership consulting firms, according to recent intelligence reports from Hunt Scanlon Media, and a number of these outfits are investing heavily in technology to support those initiatives.
With a growing team of 40-plus staff members, more than half of TritonExec’s workforce is gender diverse. That demographic should make it appealing to clients looking to broaden their own professional ranks, from entry level to the C-suite and boardrooms – where diversity problems continue to persist. The firm maintains offices in London, Atlanta, and most recently, New York. Its placements are global, though a majority, 60 percent, have been made in the U.K. and U.S., followed by the rest of Europe and the Nordics (35 percent) and Asia (five percent). Over the last eight years, TritonExec has assisted companies in the recruitment of candidates worldwide. The firm’s clients include Capgemini, Accenture, Deloitte, Icahn Enterprises, Gryphon Investors and its first customer, Genpact.
Financing to Fuel Growth
ThinCats, a leading U.K. private lender dedicated to funding growing and ambitious small to medium sized businesses, recently stepped up with more than $3.5 million in debt financing to help with expansion plans at TritonExec. “Having spoken to multiple lenders in the market we have been very impressed with ThinCats’ flexibility and understanding of how our business operates,” said Adam Stolerman, a TritonExec partner. “The legal and logistical side of conducting the deal was extremely efficient and collaborative.”
“Although this is a debt finance deal, we are also excited by the volume of private equity interest and investment in the executive search market right now,” Mr. Stolerman added. “Especially in businesses such as ours which is supplying strategic leadership to organizations in buoyant markets, specifically private equity and digital transformation.”
Dave Sherrington, regional director for business development at ThinCats, which has lent more than $550 million to SMEs, said: “TritonExec is a young, dynamic and fast growing business – they are also at the forefront of securing leadership for some of the most buoyant industries across the world right now – in private equity, technology and professional services. We are excited by their journey and look forward to working closely with them as they continue on their fast track growth trajectory.”
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; and Stephen Sawicki, Managing Editor – Hunt Scanlon Media