Hunt Scanlon Media Releases Upbeat Report On Executive Recruiting Sector
- Editor
- Mar 18
- 1 min read
Whats Happening:
Hunt Scanlon Media has released its annual rankings of leading executive search firms, reporting growth in the sector despite economic challenges. Fee revenue for the top 50 U.S./Americas search firms reached $6.041 billion, with 59% of firms reporting positive growth. The report forecasts double-digit growth in 2025, driven by demand in private equity, technology, healthcare, and financial services.
Key Moves:
Fee revenue for top 50 U.S./Americas search firms reached $6.041 billion
59% of search firms reported positive growth, with 20 firms seeing double-digit gains
Hunt Scanlon forecasts double-digit growth in the recruiting sector for 2025
By The Numbers:
Fee revenue for top 50 U.S./Americas search firms: $6.041 billion
Growth rate topped out at 6% in 2024
58% of industry founders expressed interest in considering a potential sale
Key Quotes:
"The recruiting sector found stability and recovery in 2024," said Evan Berta, chief market analyst at Hunt Scanlon.
"The supply of top drawer leaders is tightening," said Scott A. Scanlon, a Hunt Scanlon co-founder.
"That robust pipeline is fueling the recent rise in M&A deal making activity," said Mr. Scanlon, "and setting the stage for heavy consolidation ahead."
Bottom Line:
The executive recruiting sector is showing strong signs of recovery and growth, with Hunt Scanlon forecasting double-digit growth in 2025. The industry is seeing increased demand in key sectors and a rise in M&A activity, indicating a potential wave of consolidation in the near future. This growth comes despite economic challenges, highlighting the resilience and adaptability of the recruiting industry.
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