Middle-market private equity firm Odyssey Investment Partners (Odyssey) has sold its portfolio company Addison Group (Addison), a Chicago-based professional services firm specialising in talent solutions and consulting to Trilantic North America.
Financial terms of the transaction have not been disclosed.
Founded in 1999, Addison Group offers a full suite of resources across the Technology, Finance & Accounting, Non Clinical Healthcare, Administration, Human Resources, and Digital Marketing industries. Its talent solutions include professional staffing services, recruiting and executive search, and its leading consulting brands include AIM Consulting, Bridgepoint Consulting, DLC, and ArcLight.
Odyssey invested in Addison in December 2016 and, since that time, Addison more than tripled in size by entering new markets, expanding its service offerings to include project consulting across technology, finance, and accounting to complement its legacy talent solutions offerings, and completing five strategic acquisitions. The Company currently employs over 2,200 professionals across over Thirty-two offices in the United States.
