Newcastle executive search firm set for US expansion following national growth
A North East executive search business is set for international growth after expanding out of the region with a new office.
Newcastle-based Elsdon Consulting has opened a new base in Manchester and is setting its sights on a new operation in the US after a growth in new client wins from across the Atlantic.
Established in 2014 by managing director Louise Brooks McDonald, Elsdon Consulting specialises in the placement of technical, functional and sales specialists in areas such as ecommerce and cloud technologies.
The firm has seen its US client base grow from 100 to 170 companies in the past 12 months, and has plans to launch a base in the US, looking at locations such as Texas.
Louise Brooks McDonald commented: “We have enjoyed strong growth and the Manchester office will build more capacity for the business to deliver our services to our US client base.
“Having successfully entered the US market remotely, we have ambitious plans to launch a presence in America and we are looking at opportunities in locations which have vibrant tech and industrial clusters.
“Not only will it strengthen our position in specialist IT sectors, building on the excellent reputation we have for sourcing and placing high quality candidates, it will provide a new experience for our team to immerse themselves in the US tech community.
“It will allow us to develop further the relationships we are establishing with innovative US firms, which have grown significantly in the past year, and meet our objectives of becoming a £10m revenue business.”
Elsdon Consulting has been supported in its growth strategy by Newcastle-based business advisory firm, Ryecroft Glenton (RG), through its Outsourced | FD service.
Elsdon Consulting director John Reay explained: “The support RG provides our business has been instrumental in helping us maintain our strategic growth.
“Its team has taken on all the pressures of managing the financial aspects of the business, which is enabling Louise and I to focus on the future of the company, while giving us the data we need to make decisions and implement our expansion plans.”
Dan Cooper, partner and head of Outsourced | FD at RG, added: “Elsdon Consulting is an ambitious business, which is successfully exporting skills and expertise into the United States.
“It has achieved positive growth in the past six years, and we are really pleased to be working in close collaboration with the directors as it embarks on the next stage of its exciting journey.”
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