True Continues to Outperform Executive Search Industry Growth Rate

Largest and fastest growing tech-focused search firm moves up to 7th largest by revenue in North America

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May 20, 2020, 11:46 ET

HADDONFIELD, N.J., May 20, 2020 /PRNewswire/ -- 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.

View Hunt Scanlon's Top 50 list

About True
True is a global platform centered on talent for high-growth tech and tech-enabled organizations. True's products and services span the talent lifecycle including: search for executives and other strategic hires, technology, and leadership development.

SEARCH
Global recruitment for board members, c-suite executives, VPs, directors and other strategic talent. We focus on investment firms, their portfolio companies, and public companies seeking transformative growth.

TECHNOLOGY
Thrive provides collaborative, real-time talent relationship management software and information services for search firms, in-house recruiters, and VC/PE firms looking to make better hiring decisions.

ASSESSMENT
A uniquely efficient approach to leadership assessment that utilizes the evaluation methods of elite military units. Synthesis helps companies understand current leadership abilities and future potential for individuals, pairs, and teams.

Contact:	Channa Green, VP Corp Communications & Strategic Marketing, [email protected]
	Dela Jaffari, Global Marketing Manager, [email protected]