Addison Group, a leading professional services firm, announced today the acquisition of Mondo, a New York City-based professional staffing firm specializing in information technology and digital marketing.

The acquisition complements Addison Group’s existing information technology business across the US, with the addition of a digital marketing vertical, putting Addison at the forefront of the ongoing digital transformation to deliver value to its customers. The transaction is aligned with Addison Group’s strategy to broaden its national service offerings through organic growth and the acquisition of flourishing, high-margin, specialized firms with strong client relationships and a complementary business approach.

Mondo’s geographic footprint and technology focus will allow Addison Group to strengthen its presence in ten locations across the country, while entering two new markets, Atlanta and Los Angeles. This increased market share coupled with the addition of digital marketing solidifies the organization’s status as a leader in the human capital market.

“The opportunity to leverage Addison Group’s proven performance and high-caliber information technology staffing teams across the country while expanding to LA and Atlanta was an extremely attractive one, and we are excited to expand our portfolio of services with the addition of digital marketing,” said Thomas Moran, CEO of Addison Group. “This partnership will allow us to utilize our combined strengths to continue to bring the highest level of service to our shared client base, while also presenting new opportunities to expand the Addison Group brand. More importantly, Mondo fits our people-first, process-second culture. We are committed to the continued acquisition of organizations who place the same level of value on company culture and investment in internal employees.”

“We are thrilled to partner with such a well-established firm and look forward to the opportunity to accelerate our growth strategy,” said Tim Johnson, CEO of Mondo. “Addison Group’s aggressive growth pattern as well as its commitment to the success of their internal employees will certainly lay the groundwork for what will be a successful partnership and create additional opportunities for our employees to grow professionally.”

Mondo will continue to operate within their current office spaces and retain executive operating leadership.

Bowstring Advisors acted as the advisor to Mondo.