KRAFT SEARCH ASSOCIATES SPINS OFF TO BECOME FOCUS SEARCH PARTNERS, LLC
February 02, 2011 (PRLEAP.COM) Health NewsNashville, Tennessee —- Kraft Search Associates, a leading healthcare executive search firm, is spinning off from KraftCPAs and becoming FOCUS Search Partners, LLC effective January 2011, according to Paul Frankenberg, president and CEO.
FOCUS Search Partners will maintain principal-led offices in Nashville, Tennessee; Dallas, Texas; and Denver, Colorado. The company will continue to conduct executive search assignments for healthcare companies at the C-Level, VP, SVP, EVP and Board of Director levels. FOCUS Search Partners will build upon the successes achieved as Kraft Search, which has been ranked in consecutive years by Modern Healthcare as one of the nation's "Top 25" Retained Healthcare Executive Search Firms.
"Our Quality-based search process is proven to be an effective solution for our clients and has driven our company's growth," said Frankenberg. "We are delighted to establish FOCUS Search Partners and anticipate continued expansion to meet the complex needs of the burgeoning healthcare industry. While we are very eager to become FOCUS Search Partners and continue with our growth, we appreciate our long and rewarding partnership with KraftCPAs."
Kraft Search was founded by Frankenberg in February 2001 and in October of that same year became an affiliate of KraftCPAs, one of the largest independent certified public accounting firms in Middle Tennessee.
KraftCPAs Chief Manager Vic Alexander said, "KraftCPAs was pleased to have Paul affiliated with our firm during the incubation of his business and to help him achieve the growth necessary for a successful stand-alone company. We anticipate that Paul and his team will continue to prosper and expand their presence in the healthcare industry. The joint venture has been beneficial to Paul and to KraftCPAs. We wish him continued success."
FOCUS Search Partners' operations and commitment to client success will remain constant. The Firm is led by seasoned executive search and operating company executives, supported by seasoned individuals from the healthcare retained search industry. In addition to Frankenberg, partners and operating executives with the new company include:
- Lourdes Cordero, Senior Vice President
- James V. (Jim) Lackey; Operating Executive
- Arlen Reynolds; Operating Executive
- Jim Usdan; Operating Executive
- Melissa Duncan; Senior Associate
- Sharon Long; Research
"Our team is known for bringing highly customized service to our clients. For these rapidly expanding companies, the right talent is essential and wrong hiring decisions are a major setback," added Frankenberg. "There is tremendous synergy among our executive team and, as FOCUS Search Partners, we look forward to continuing to find industry-recognized executives with experience to work with and lead our clients through continued growth."
FOCUS Search Partners is a nationally recognized leader among retained Healthcare executive recruiting firms. The firm has developed a successful national healthcare executive recruiting practice throughout the Healthcare Services, Providers and Technology segments.
A sample of Firm clients represent the following segments:
- Buyout Investment Firms' portfolio companies
- Healthcare Financial Services
- Outsourced Solution & Service Providers
- Private Equity-Backed Services, Provider and Technology companies
- Providers - Hospitals, Health Systems & IDNs
- Specialized Healthcare Services
- Technology: HCIT & Technology-enabled Services
- Turnaround & Corporate Restructuring
- Venture Capital-Backed Services, Providers and Technology companies