CTPartners Signs Letter Of Intent To Acquire J-M. Beigbeder - CEO Search In France

CTPartners (AMEX: CTP), a leading global retained executive search firm, announced today that it has signed a letter of intent to acquire J-M. Beigbeder - CEO Search, an executive search firm specializing in senior executive and board level recruitments as well as in board advisory services in Paris.

Mr. Beigbeder is the former Chief Executive Officer of Spencer Stuart and former Chairman of the International Executive Committee of Korn Ferry. He then, together with Isabelle de Gérauvilliers, established the J-M. Beigbeder - CEO Search firm, considered one of the most influential headhunters in France.

Brian Sullivan, Chief Executive Officer of CTPartners said, “This is an extremely strategic opportunity for us on a Pan-European basis. Jean Michel is the pinnacle Board and CEO recruiter in Europe and we are very pleased to have him and his associates join our firm.”

Sylvain Dhenin, Vice-Chairman of CTPartners, comments, J-M. Beigbeder - CEO Search is undoubtedly the most prestigious French executive search firm. We are particularly pleased to be able to continue to develop CTPartners in France, and this is an exceptional opportunity to strengthen the firm with the expertise of J-M. Beigbeder - CEO Search, with the ultimate objective of better serving the interests of our clients.”

Isabelle de Gerauvilliers, Chairman of J-M. Beigbeder - CEO Search, comments, “The alliance of CTPartners’ worldwide practices, together with our 25 years of expertise in CEO’s and Board members, will enable us to strengthen quality of services rendered to our clients, while maintaining the highest standards of excellence and integrity.”

Jean-Michel Beigbeder, comments, Bringing together J-M. Beigbeder - CEO Search’s experience and CTPartners’ dynamism and international presence represents the ideal solution to offer our clients the best possible service in both executive search and Board performance improvement activities.”

Founded in the United States in 1980, CTPartners has been present in France since 2005. The Paris office currently employs 40 people.

About CTPartners

CTPartners is a leading performance-driven executive search firm serving clients across the globe. Committed to a philosophy of partnering with its clients, CTPartners offers a proven record in C-Suite, senior executive, and board searches, as well as expertise serving private equity and venture capital firms.

With origins dating back to 1980, CTPartners serves clients with a global organization of more than 400 professionals and employees, offering expertise in board advisory services and executive recruiting services in the financial services, life sciences, industrial, professional services, retail and consumer, and technology, media and telecom industries. Headquartered in New York, CTPartners has 24 offices in 15 countries.

www.ctnet.com

Copyright Business Wire 2010

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