Eliassen Group

In 1989, Mona Eliassen founded Eliassen Group in Reading, Massachusetts, establishing a firm focused on IT staffing. The company began with a straightforward model: connecting technology professionals with companies that needed their expertise. For nearly two decades, the company grew steadily, building a reputation in the background of the tech industry. A significant shift occurred in 2007 when Lineage Capital invested in the company, a move that allowed the leadership team to acquire a meaningful equity stake and prepared the firm for faster growth. This event marked the beginning of a new chapter. The company began to expand its services beyond IT staffing, moving into areas like Agile consulting, life sciences, and managed services. The playbook for growth became clear: strategic acquisitions. Over the years, Eliassen Group consistently acquired smaller, specialized firms to broaden its capabilities and geographic reach. This strategy accelerated after a 2018 acquisition by Stone Point Capital, a private equity firm. This partnership provided the capital to continue its acquisition-heavy approach, adding firms to bolster its offerings in technology, risk management, and creative services. Today, Eliassen Group operates as a national strategic consulting and talent solutions firm, a quiet powerhouse built not on a single product, but on a series of deliberate, strategic acquisitions.