CTPartners Signs Letter of Intent to Acquire Park Brown's Perth, Australia Office, No Terms Disclosed

CTPartners Executive Search, Inc., (NYSE MKT:

) a leading global retained executive search firm, announced today that it has entered into a letter of intent to acquire the Perth, Australia office of Park Brown International, an executive search firm focusing on the energy, natural resources and infrastructure. Brian Sullivan, CEO of CTPartners, said, “Park Brown in Perth is known as the leading, independent search firm in their sector, dominating the Asia Pacific region. The four partners of Park Brown, Debbie Cozart, Colin Simpson, Beau Yorke and David Cowan, strengthen our Industrial sector expertise and complement our existing global natural resources capabilities. Their reputations are stellar and we are thrilled to have them on board.”