(May 20, 2020) Global executive search firm True is now the 7th largest in North America by revenue according to Hunt Scanlon’s 2019 annual ranking of the industry. True is again the fastest organically growing firm among the top 10, having achieved 34% YOY growth. The firm accomplished this by earning greater market share and increased repeat work from existing clients.
Additionally, True continues to outpace the industry aggregate growth rate. In the last four years, executive search firms have grown at 11% CAGR (compound annual growth rate) while True has seen a 38% CAGR in the same period.
“Our experience is rooted in helping build global tech companies that have fundamentally changed how we live our lives in virtually every way. The need for disruptive talent has permeated every domain and company size and we are built to support that demand. Our dedicated practices span all commercial areas impacted by technology – from healthcare and life sciences to consumer and financial services, and everything in between,” said Brad Stadler, True co-CEO.
“From investment firms to startups to publicly traded companies, we are proud to work with some of the most forward thinking brands around the world. We address our clients’ complex talent needs; arm our employees with best-in-industry training and development; and foster transparency and collaboration. Growth is merely the byproduct of doing excellent work and serving as valued business partners to our clients. This formula has always, and will continue to, serve us well,” added Joe Riggione, True co-CEO.
In 2019, True was also the largest and fastest growing firm that focuses on all tech, companies moving to tech, and investment firms.