Addison Group
Addison Group is an American human resource consulting firm headquartered in Chicago, Illinois, USA. Founded in 1999, the firm specializes in professional staffing and search services for positions relating to business administration, engineering, finance, healthcare, and information technology. Since 2007, Addison Group has been included yearly on the Inc. 5000 list of the fastest-growing private companies in the United States.
History
Addison Group was founded in 1999 as Addison Search Ventures, LLC. The Chicago-based company established a national presence, adding offices in Boston and Houston before being acquired by the private equity management firm Lake Capital in 2006. Between 2006 and 2013, Addison Search grew from $21 million to $165 million in annual revenue, AbOUT 30 percent of which was the result of outside acquisitions. In 2012, the company was officially rebranded as Addison Group following the purchase of an unrelated entity of the same name.
In September 2013, New York-based Trilantic Capital Partners announced a strategic investment partnership with Addison Group, buying a controlling stake from Lake Capital for an undisclosed amount. Trilantic expressed plans to leverage Addison as a platform for making additional acquisitions in the staffing industry. The first of such additions was the acquisition of Reston, Virginia-based HireStrategy, which expanded the presence of Addison Group into the Washington, DC metropolitan area for the first time.
See also
- Professional employer organization
- Employment agency
- Recruiter
- Recruitment
- Temporary work