Pedersen & Partners Acquires Alter Modus in Croatia

Toronto, Canada, July 05, 2008 --(PR.com)-- Pedersen & Partners, a leading international executive search firm, announced today that it has acquired 100% shares of the leading Croatian executive search firm Alter Modus. Alter Modus will change the firm’s name to Pedersen & Partners, and the current Pedersen & Partners subsidiary will be phased out.

The owner and manager of Alter Modus, Sanja Brkic-Fakles (sanja.brkic-fakles@pedersenandpartners.com), will join Pedersen & Partners along with her team and business activities. As of today, Ms. Brkic-Fakles is the Country Manager for Pedersen & Partners, Croatia. Teams from both companies are working closely to ensure that during the integration process the existing clients continue receiving high quality executive search service.

Poul Pedersen (poul.pedersen@pedersenandpartners.com), founder and Managing Partner of Pedersen & Partners, states: “I have known Sanja for many years and I am truly impressed with the business she has built up in Croatia. Our international clients will benefit from Sanja’s strong experience within the Croatian market”.

Sanja Brkic-Fakles comments: “My team and I are excited to be a part of Pedersen & Partners. I have followed Pedersen & Partners’ amazing growth across Central and Eastern Europe and felt it was time to combine our Croatian strength with Pedersen & Partners’ regional strength.”

Zagreb Office Address:
Hotel Westin, Krsnjavoga 1
10 000 Zagreb, Croatia
Tel: +385 1 4836 184
Fax: +385 1 4836 186
Zagreb@pedersenandpartners.com

About Pedersen & Partners
Pedersen & Partners is a leading international executive search firm. We operate 33 wholly owned offices in Almaty, Athens, Baku, Belgrade, Bratislava, Bucharest, Budapest, Chisinau, Helsinki, Istanbul, Kiev, Ljubljana, Minsk, Moscow, Munich Nicosia, Prague, Riga, Sarajevo, Skopje, Sofia, St. Petersburg, Tallinn, Tashkent, Tbilisi, Tel-Aviv, Tirana, Toronto, Vienna, Vilnius, Warsaw and Zagreb. Our values Trust - Relationship - Professionalism apply to our interaction with clients as well as executives. More information about Pedersen & Partners is available at www.pedersenandpartners.com.

If you would like to conduct an interview with a representative of Pedersen & Partners or have other media-related requests, please contact:

Ms. Anastasia Alpaticova
Communications Manager
E-mail: anastasia.alpaticova@pedersenandpartners.com

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