Fairmount Partners Advises Fidato Partners in its Sale to Eliassen Group

READING, MA – December 21, 2021 – Eliassen Group, LLC, a strategic consulting and talent solutions firm, has acquired Fidato Partners, LLC, an accounting & finance, risk management & transformation, and IT consulting company headquartered in the greater Philadelphia area.

Eliassen Group is a leading professional services firm focused on strategic consulting and talent services in multiple areas, including Agile consulting, cloud services, risk management, and business optimization, as well as life sciences consulting and IT talent solutions. Founded in 1989 and headquartered in Reading, Massachusetts, Eliassen Group is positioned for continued long-term success with a commitment to positively impacting the lives of their employees, clients, consultants, and the communities in which they operate. 

This acquisition of Fidato will bring expanded solutions that complement Eliassen Group’s business consulting capabilities – notably their risk management and business optimization offerings, while also bolstering their professional services practice. Furthermore, their clients will benefit from the deep knowledge of the Fidato Partners team, which has expertise in technical accounting and reporting, systems selection, implementation and support, financial planning and analysis, finance transformation, risk and controls, and project management.

Founded in 2010, Fidato Partners provides proven and trusted business consulting and recruiting services in risk management & transformation, accounting & finance, and information technology, enabling companies to achieve greater growth and performance by filling critical resource and knowledge gaps. Serving a variety of industries, Fidato Partners takes pride in raising the standard for professional services through a full commitment to their clients’ success.

“A strategic partnership with Eliassen Group provides the entire Fidato Partners team with an unequalled opportunity for growth,” said Fidato Partners CEO and Co-Founder John Rapchinski. “With a wide range of comprehensive capabilities and a vast geographical presence, Eliassen has solidified their place in the consulting and talent solutions business, and we’re thrilled to have this opportunity to introduce these capabilities to our clients.”

“Fidato Partners are fully dedicated to their clients’ success, which fits perfectly into the values we live by at Eliassen,” said Dave MacKeen, CEO of Eliassen Group. “Their thriving accounting & finance and risk management & transformation service offerings enable Eliassen to better empower our clients to protect and sustain their success,” adds Scott Cordeiro, Executive Vice President of Professional Services. “We are excited about adding their strengths to our own to achieve exponential growth while continuing to serve our communities.”

Fairmount Partners, a leading investment bank in the consulting & technology services industry, served as exclusive financial advisor to Fidato throughout the transaction.

About Fidato Partners

Fidato Partners provides proven and trusted business consulting and recruiting services in accounting & finance, risk & transformation, and information technology, enabling companies to achieve greater growth and performance by filling critical resource and knowledge gaps. Our unique business model, which includes a full range of consulting, interim staffing, and recruiting services, allows us to seamlessly place the right resource for every situation to ensure the highest level of quality and service is delivered every time to our clients. 

About Eliassen Group

Eliassen Group provides strategic consulting and talent solutions to drive our clients’ innovation and business results. Our purpose is to positively impact the lives of our employees, clients, consultants, and the communities in which we operate. Leveraging over 30 years of success, our expertise in talent solutions, life sciences consulting, Agile consulting, cloud services, risk management, business optimization, and managed services enables us to partner with our clients to execute their business strategy and scale effectively. Headquartered in Reading, Massachusetts, and with offices from coast to coast, Eliassen Group offers local community presence and deep networks, as well as national reach.  

About Fairmount Partners

Fairmount Partners (www.fairmountpartners.com) is an independent merger and acquisition advisory firm focused on emerging growth and middle-market companies. Fairmount helps its clients complete mergers and acquisitions, raise funds for growth, acquisitions and liquidity, and design and improve their corporate development strategies. Fairmount’s clients include successful entrepreneurs, private equity-sponsored enterprises, and global public companies. Since 2003, Fairmount has completed more than 255 transactions, representing over $13 billion in aggregate value, in 20 countries throughout North and South America, Europe, Asia and Australia. For further information, please contact:

Dick Thatcher

Managing Director

(610) 260-6238

dick.thatcher@fairmountpartners.com

Andy Brown

Director

(610) 260-6204

mailto:andrew.brown@fairmountpartners.com