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Stuart Gentle Publisher at Onrec

Longbridge Grows Financial Services

Longbridge International plc, legal search and consulting firm, today announced the acquisition of the business of financial markets search specialists Sequoia Consulting.

Longbridge International plc, legal search and consulting firm, today announced the acquisition of the business of financial markets search specialists Sequoia Consulting. The arrival of the specialist team of six is in line with Longbridgeís aggressive strategy to strengthen its search capability in the Banking and Financial Services sector.



The Financial Services team is headed by Jeff Bennett, previously a client of Longbridge when he was Managing Director at Bank One, prior to their merger with JP Morgan. Jeff joined Longbridge as Managing Partner and Head of Financial Services in 2004. He is joined by Alan Everett, formerly a director of BZW within the fixed income group. Alan began his executive search career in 1996 and has been running Sequoia for the past five years.

Frank Varela, Managing Director of Longbridge, commented: ìThe enhanced expertise offered by the Sequoia team will ensure that Longbridge is best placed to be at the forefront of developing trends in this sector. These are, namely, the consolidation of teams across product lines within banks and their increasing use of recruitment specialists on Preferred Supplier Lists, which requires the successful search firms to offer multi-product coverage.

ìOur 12-strong Financial Services team of consultants and researchers is now one of the largest and most experienced within the City of London and well placed to compete at the top level. We are also ranked number one within the professional services sector and in the top 10 search firms in the UK working at senior level. We intend to develop our banking practice to the same levels.

New Partner Alan Everett, previously Managing Director at Sequoia, commented: ìItís a natural fit. Longbridge is an established player in the Financial Services arena and, like Sequoia, is recognised for its successful methodology. The Sequoia team will enhance Longbridgeís existing strengths, complementing the firmís capabilities in equities, fund management, client coverage and corporate finance.î