Retained executive search firm The Caldwell Partners International has acquired Cromwell Partners, Inc., a New York City-based executive search firm specializing in financial services.
Cromwell’s recruitment activities span the breadth of the global financial services industry, serving clients across investment management, alternative investments, global banks and investment banks, and major endowments.
The Canadian company says it was attracted to the “unique team of experienced, high-caliber, and client-driven search professionals,” and will incorporate existing Cromwell staff into its team. Caldwell already has offices in Chicago, Dallas, Los Angeles, and San Francisco.
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The company did not release financial details of the transaction, though it stated in a release that this acquisition makes the company’s U.S. operations “a size that is now approaching that of our Canadian business.”