Wednesday, February 15, 2012

Carlisle & Gallagher increases revenue 48 percent, hires 350 last year

Charlotte-based financial services firm Carlisle & Gallagher Consulting Group continued its steady growth in 2011, increasing revenue 48 percent, the company announced Wednesday. The nearly 10-year-old company also hired 350 new employees, bringing its nationwide total to 800.

The firm focuses exclusively on financial services companies, with seven of the 10 largest U.S. companies in the sector as clients, CEO Bob Gallagher said in an interview Wednesday.

In the first few years of operation, the company focused on helping banks integrate its acquisitions during a wave of consolidation in the industry. Now, Gallagher said the transitioning industry has helped drive his firm's growth, as banks focus on adapting to regulatory change, technological advancement and a more competitive landscape.

The company occupies two floors at 212 S. Tryon St., totaling 25,000 square feet. About 200 employees work in Charlotte.

The firm also has hubs in Dallas, Jacksonville, Fla., and Richmond, Va. Carlisle & Gallagher hires its employees regardless of where they live, with many working remotely, Gallagher said.