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Fission Consulting Claims Spot on Inc. Magazine's List of Midwest Region's Fastest-Growing Private Companies

Tuesday, 12 April 2022 09:00 AM

Fission Consulting

Recognition spotlights Fission's growth, deep domain expertise and proven results across industries

CHICAGO, IL / ACCESSWIRE / April 12, 2022 / Fission Consulting, a leading IT advisory firm for private equity clients, has officially scored a spot on the third annual Inc. 5000 Regionals Midwest list, the most prestigious ranking of the fastest-growing private companies based in Iowa, Illinois, Indiana, Kansas, Michigan, Minnesota, Missouri, North Dakota, Nebraska, Ohio, South Dakota and Wisconsin.

Fission came in at No. 44 on Inc. Magazine's list released last month, which represents a unique look at the most successful companies within the Midwest region's most dynamic segment - its independent small businesses.

"This is not only a recognition of the incredible talent we have at Fission - and the hard work our team has been putting in since we started nearly five years ago - but also a validation of the fact that our approach is working," said Fission founder and CEO, Brandon Lage. "We remain maniacally focused on guiding our private equity clients through mergers, acquisitions and divestitures - and maximizing their return and IT efficiencies along the way."

Between 2018 and 2020, the 144 private companies on Inc.'s list displayed an average growth rate of 147 percent, and in 2020 alone, they added 19,821 jobs and nearly $11.7 billion to the Midwest region's economy.

"This year's Inc. 5000 Regional winners represent one of the most exceptional and exciting lists of America's off-the-charts growth companies," said Scott Omelianuk, editor-in-chief of Inc. "They're disrupters and job creators, and all delivered an outsize impact on the economy. Remember their names, and follow their lead. These are the companies you'll be hearing about for years to come."

About Fission Consulting

Fission Consulting, headquartered in Chicago, helps private equity clients use IT to maximize the return from their portfolio companies. Maximization of returns starts with proper due diligence, as significant technology debt can be hiding in any deal. Plus, IT organizations are rarely sized to support the future NewCo.

Fission's team, however, has completed hundreds of technology due diligences for $50M to $50B+ companies. And once the deal closes, the real work of separation begins. Carving out an ERP system has the potential to cause significant business disruption. Fission's expert consultants ensure go-live becomes a "non-event." Finally, IT investments can be made throughout the hold period in order to further improve operations and prepare for exit.

All in all, Fission invests in long-term relationships with clients because there is value to be found throughout the investment. The right carve-out strategy and continuous improvement allow for a clean exit and maximum investor return.

About Inc. Media

The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers and the credibility that helps them drive sales and recruit talent.

The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.

Methodology

The 2022 Inc. 5000 Regional are ranked according to percentage revenue growth when comparing 2018 and 2020. To qualify, companies must have been founded and generating revenue by March 31, 2018. They had to be U.S.-based, privately held, for-profit, and independent-not subsidiaries or divisions of other companies-as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2018 is $100,000; the minimum for 2020 is $1 million. As always, Inc. reserves the right to decline applicants for subjective reasons.

CONTACT:
Taylor Gaines
CommCentric Solutions (on behalf of Fission)
813-727-6871 | [email protected]

SOURCE: Fission Consulting

Topic:
Company Update
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