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CTPartners Executive Search Inc. Acquires UK-Based Augmentum Consulting Ltd.

CTPartners Executive Search Inc. Acquires UK-Based Augmentum Consulting Ltd

Acquisition of Premier Executive Search Firm Will Enhance CTPartners’ UK and Global Strength

CTPartners Executive Search Inc. (NYSE MKT: CTP), a leading executive search firm, today announced that it has acquired Augmentum Consulting Ltd., a premier executive search firm based in London. Prior to this transaction, Augmentum had been operating as Amrop Augmentum.

Augmentum Consulting has 13 client-facing consultants working for 20 of the FTSE 100, a number of Fortune 500 companies, and innovative and entrepreneurial market leaders. The company works across most industry verticals, and has specific expertise in the Professional Service & Outsourcing Technology, Media & Telecommunications Industrial Automotive Consumer Retail Sport & Leisure and Financial Services industries. These areas of strength also complement CTPartners’ existing UK business. In addition, Augmentum has a leading edge Non-Executive Directorship (NED) practice which offers training and recruitment services.

"With a reputation of delivering complex hiring mandates for leading global organizations across industries, the combination of the two firms in the UK market and globally will provide a strong competitive advantage and enhanced opportunities," commented Brian Sullivan, CEO of CTPartners. "Acquiring Augmentum is consistent with our growth strategy and the transaction will have an immediate positive financial impact."

Guy Barnes, Managing Director of Augmentum said, "CTPartners is the quality leader among global search firms known for generating outstanding results for its clients. Brian and I have known each other for five years and share the passion of quality search execution which has been the underlying growth driver for both of our firms. We are pleased to join the CTPartners’ team and believe that with our firms coming together we will offer unprecedented executive recruitment services to our clients."

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