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Addison Group acquires Texas-based management consulting firm

November 20, 2017

Chicago-based professional staffing firm Addison Group acquired Bridgepoint Consulting, a Texas-based management consulting firm.

The deal closed Nov. 16; terms of the transaction were not announced. Bridgepoint Consulting will now operate as Bridgepoint Consulting, an Addison Group company. The company brand and service lines will remain separate and distinct, with little change in the near term. Bridgepoint Consulting will continue to maintain its headquarters in Austin, Texas, and the company’s principals and team will retain their roles within the expanded organization.

Bridgepoint Consulting provides a range of finance, technology and risk/compliance services. It does not offer staffing services and instead focuses primarily on consulting. Bridgepoint’s revenue has grown five-fold since 2010. The company has a team of 140 employees and Texas offices in Austin, Dallas and Houston.

“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,” Addison Group CEO Thomas Moran said.

Addison Group in April acquired AIM Consulting, a technology consulting firm with headquarters in Seattle and branch offices in both Denver and Minneapolis. The addition of Bridgepoint Consulting brings Addison Group’s employee count to approximately 950 across 22 offices.

Last December, private equity investment firm Odyssey Investment Partners LLC made an investment in Addison Group to support Addison’s organic and acquisition growth strategy. Odyssey is now the majority owner of Addison.