CALDWELL PARTNER INTL CRP - CWLPF STOCK NEWS

Caldwell Partners International held its Annual General and Special Meeting on February 22, 2022, with 53.16% of shareholders voting. All nominated directors were elected, with voting percentages showing high support: C. Christopher Beck at 99.75%, Paul R. Daoust at 98.06%, and others above 97%. KPMG LLP was appointed as auditors with 96.90% approval, and the 2022 equity incentive plan was confirmed with 92.19% support. A management presentation post-meeting will be available online for further insights into business strategies.

Caldwell Partners and Bennett Jones have named Charles Brindamour, CEO of Intact Financial Corporation, as Canada's Outstanding CEO of the Year for 2021. The unanimous decision was made on November 27, 2021, recognizing Brindamour's leadership in innovation and consistent performance in the insurance sector. Under his guidance, Intact has excelled in integrating technology and strategic acquisitions, enhancing shareholder value. The award ceremony will take place in October 2022.

Retained executive search firm Caldwell (TSX:CWL)(OTCQX:CWLPF) has enhanced its industrial recruiting capabilities by adding Jenifer Anzalone as a principal in the Industrial Practice. Anzalone brings over a decade of experience as CEO of Martek Industries, offering stability in the industrial lighting sector. Her background in social work and business management allows for a unique understanding of client needs. Caldwell aims to strategically expand its client-facing teams in the coming year, leveraging advancements in talent acquisition.

IQTalent Partners announced that Alex Barron has been recognized as one of the 2022 40 Under 40 honorees by Nashville Business Journal, celebrating outstanding young professionals significantly impacting the Nashville business community. Barron, who joined the company in 2015, oversees approximately $14 million in annual revenue and has been pivotal in the firm's growth. She expressed gratitude towards IQTalent Partners for supporting her career and personal development, especially during her transition to motherhood.

The Caldwell Partners International reported a record revenue of $38.4 million for Q1 2022, marking a 112% year-over-year increase. This surge was fueled by the acquisition of IQTalent Partners, contributing $11.7 million in revenue. Caldwell’s executive search services also grew by 47% year-over-year, reaching $26.7 million. Operating profit was $1.1 million, down from $1.4 million the previous year. The company’s CEO emphasized ongoing demand for innovative talent acquisition solutions amidst a competitive market, aiming for further growth.

Caldwell (TSX:CWL)(OTCQX:CWLPF) enhances its private equity and technology recruiting capabilities by adding Gordon Berridge as a partner in London. Berridge, with 12 years of experience in executive search for tech and software executives across key markets, is expected to strengthen the firm's reach and ability to support client growth ambitions. His background includes significant roles at N2Growth and a strong foundation in behavioural psychology. Caldwell aims to expand its European presence and is committed to strategic additions to its client-facing teams.

Caldwell Partners (TSX:CWL, OTCQX:CWLPF) has announced its acquisition of Applied Behavioral Academy (ABA), a consultancy specializing in behavioral and cognitive psychometrics. This acquisition enhances Caldwell's talent acquisition capabilities and strengthens its partnership with The Predictive Index by establishing Caldwell Analytics as a Master Certified Training Center. The integration aims to leverage data-driven analytics to align talent with business strategies, ultimately enhancing client growth and operational efficiency. The acquisition is expected to increase client analytic solution sales and expand training revenue.

Canada's Top 40 Under 40 recipients were announced on November 18, 2021, recognizing outstanding leaders under 40. Selected by an independent advisory board, the honorees were chosen from nearly 1,200 nominations. This year’s recipients demonstrate remarkable passion and leadership, with plans for virtual and in-person events to celebrate their achievements. Caldwell and PwC partnered in this initiative, aiming to spotlight diverse young leaders who will shape Canada’s future. For detailed bios of the honorees, visit here.

The Caldwell Partners International reported a quarterly revenue of $41.7M, marking a 271% increase year-over-year, and full-year revenue of $119.8M, a 106% increase from the previous year. The results include contributions from IQTalent Partners, acquired in December 2020. The company experienced growth in professional fees, reaching $41.6M in the quarter. However, net earnings decreased to $983K from $2.57M year-over-year. CEO John Wallace expressed optimism about future growth despite potential easing of hiring surges.