Bridgepoint Consulting Has Been Acquired By Addison Group, A Portfolio Company Of Odyssey Investment Partners
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.
Bridgepoint had achieved an impressive period of sustained growth and profitability leveraging investments in infrastructure made over the last several years as well as expansion into new service offerings. The principles of the firm were interested in securing a potential liquidity event and were specifically seeking a partner for their next stage of growth.
G2 served as the exclusive advisor to Bridgepoint Consulting, responsible for running a targeted, hands-on sale process, which ultimately resulted in a sale to 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.”
The transaction was successfully executed through a sale to Addison Group, a portfolio company of Odyssey Investment Partners.
“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.
“The alignment between our two firms, both operationally as well as culturally, provides a unique platform for exceptional delivery. Our combined services, consisting of high level management consulting as well as a broad variety of human capital services, gives customers access to a wider range of service options to help achieve business goals.”
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.
“The partnership between Bridgepoint and Addison Group is strategically compelling for both organizations. We feel privileged to play a role in the successful outcome of this transaction for all parties and are excited for the Bridgepoint team as they embark upon the next stage of building their growth story”, said G2 Managing Director, Matt Konkle.