NASHVILLE, Tenn. – June 29, 2020 – Focus Search Partners, Vaco’s retained executive search subsidiary, has launched an interim executive services practice to leverage the firm’s 20-year history in the marketplace, and tapped veteran C-suite talent expert Monica Foster to lead the new business, which will specialize in serving the private equity market.
The interim executive services practice supports organizations needing high-caliber C-suite leaders at pivotal moments. Through the new practice, companies can leverage Focus Search Partners’ network of experienced operating executives who can step in quickly to amplify business performance during times of leadership transitions, M&A activity, performance improvement, and operational optimization.
“As we’ve grown, we’ve realized the need in the marketplace – especially with our firm’s private equity clients – for exceptional leadership talent to lead at critical transitional moments,” said Paul Frankenberg, founder of Focus Search Partners. “We are excited and fortunate to have Monica join our team to launch and lead this new initiative. Her extensive experience placing interim executives as well as her leadership roles with multi-billion-dollar private equity funds instantly provide our clients with experience and perspective in securing high-quality executive talent in transformational times of need. Our clients have repeatedly told us that the market lacks a consistent go-to service provider in the interim segment and that there is an opportunity for a firm to step in and become the leader. Focus Search Partners is aggressively building an exceptional practice that aligns in-demand experienced executives with the needs of our private equity-backed clients.”
The new practice complements Focus Search Partners’ high-quality retained search services as it continues to grow as a trusted advisor in the marketplace, helping companies scale their organizations efficiently and effectively. It also creates the opportunity to offer these services more broadly to Vaco’s client portfolio as a strategic talent solution. Focus Search Partners works with a variety of industries, including health care services, consumer products, frontier & space technology, manufacturing & industrial, private equity, restaurant & retail, software & technology, and energy & natural resources.
Monica Foster, who brings a 15-year track record of helping clients identify top executive interim talent, serves as managing director of Focus Search Partners’ interim executive services practice. She will be responsible for origination, talent acquisition, client service delivery, and business operations. Prior to joining the firm, Foster supported senior-level recruiting efforts for Vista Equity Partners’ portfolio companies in the software and technology sector. There she gained invaluable experience understanding the operational rigor of a top performing private equity firm. Earlier in her career, Foster was national managing partner within Tatum, one of the largest project-based CFO solutions firms in the nation, where she led national recruiting and service delivery teams through periods of the Firm’s high growth.
“As we continue to recognize the increasing complexity of business operations, I am excited to join Focus Search Partners to launch its interim executive services practice,” Foster said. “We have already established a solid roster of experienced executives ready to provide their expertise and leadership, at a moment’s notice, to private equity firms that need strategic support with their portfolio companies.”
The addition of Foster is part of Focus Search Partners’ strategy to deliver best-in-class talent and solutions to clients worldwide. The need for interim talent in times of transition has never been more important than now, as business emerges from the coronavirus crisis, and Focus Search Partners is dedicated to providing optimal solutions for clients as they build for the future.
To learn more about Focus Search Partners’ interim executive services, contact Foster at either firstname.lastname@example.org or 203-919-0744.
About Focus Search Partners, a Vaco Company
Founded in 2001, Focus Search Partners was acquired by Vaco in 2014 to become the retained executive search division of Vaco, a $750 million talent and solutions firm. With 35+ employees and 14 partners across nine states, Focus Search Partners specializes in building teams to grow companies, focusing on recruiting board members, executives and senior-level individuals. For more information, visit focussearchpartners.com.
Vaco provides boutique level service with global reach in the areas of consulting, consultative project resources, executive search, permanent placement and strategic staffing. Areas of expertise include c-suite search, accounting, finance, technology, health care IT, operations, administration and international managed services. Since its founding in 2002, Vaco has grown to serve more than 40 markets across the globe, with 1,200 employees, 5,500 consultants and $750 million in revenue. Vaco has been named to Inc. magazine’s list of the fastest-growing private companies for the past 13 years and was named to Forbes’ 2018 & 2019 lists of America’s Best Recruiting Firms.
Todd Smith Amy Kovar