Addison Group has announced the acquisition of Bridgepoint Consulting, a Texas-based management consulting firm that delivers financial operations, risk/compliance, and technology services to support companies throughout their business lifecycle.
The acquisition strengthens Addison Group’s presence in several high-growth Texas markets, anchored by a tenured leadership team with deep industry expertise and business relationships. The transaction is aligned with Addison’s strategy to broaden its national service footprint through organic growth and acquisition of high-growth, high-margin firms with strong client relationships and complementary service offerings.
The acquisition will also help to expand Addison Group’s consulting arm and solidify their status as a leader in the professional services market through Bridgepoint Consulting’s niche expertise and team of over 140 finance, technology, and risk professionals.
“We saw a clear opportunity to leverage Addison Group’s high-caliber team, proven performance, and industry-leading growth with a well-established firm offering a full suite of management consulting services and similar growth strategy,” said Thomas Moran, CEO of Addison Group.
“This exciting partnership provides Bridgepoint the incredible opportunity to leverage Addison’s national presence to accelerate our growth strategy and extend our services,” said Bob Smith, Co-Founder and Principal of Bridgepoint Consulting. “We look forward to working with the Addison team to build new synergies while enhancing our ability to deliver high-value services for our clients. This also provides many career opportunities for our team that will allow them to continue growing professionally.”
Bridgepoint Consulting will continue to maintain its headquarters in Austin, Texas. The company’s Principals and team will retain their roles within the expanded organization. The company also has office locations in Dallas and Houston, Texas.
About Addison Group
Addison Group is a leading provider of professional staffing and permanent placement services for Information Technology, Finance & Accounting, Executive Search, Healthcare, HR & Administrative, and Engineering. Addison’s strengths are its strong management and executive teams, a relationship‐focused selling strategy, a history with clients of delivering the right candidate at the right time, and a loyal candidate base. With 22 offices in cities across the United States, Addison Group offers a national reach with a localized touch.
Since Addison’s first full year of operations the company has grown significantly. As a result, Addison was recognized by Crain’s Chicago Business in 2007, 2008, 2009, and 2013 as one of the fastest growing Chicago‐based companies and by the Staffing Industry Report as one of the fastest growing staffing firms for 2006, 2007, 2008, 2009, 2015, and 2016. In addition to these accolades, Addison Group has consistently been recognized by publications like the Chicago Tribune and Houston Chronicle as a Top Workplace. Based solely on client and candidate feedback, Addison has made the Inavero’s Best of Staffing List for the past seven years. Addison Group was ranked #19 out of 250 on Forbes’ Best Professional Recruiting Firms in 2017, a list compiled through Forbes’ independent search in conjunction with analytics firm Statista.
About Bridgepoint Consulting
Bridgepoint Consulting is a leading management consulting firm that helps companies throughout their business lifecycle. Offering a broad range of finance, technology and risk/compliance services, Bridgepoint supports clients from the startup phase all the way to IPO readiness and beyond. Since 1999, Bridgepoint has been helping executives and management teams reduce their business and operational risks, bridge resource gaps and improve overall performance. Whether an organization needs interim expertise to improve infrastructure and processes, or strategic management of a major transition or transaction, Bridgepoint’s team of industry leaders is able to provide the critical support needed to ensure success.