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TripleTree, LLC is pleased to announce the successful merger of ThinkFast Consulting, Inc. with the shareholders of Balanced Scorecard Collaborative, Inc. and Painted Word Inc. to form Palladium Group, Inc., the leading professional services firm solely focused on Strategy Execution and Corporate Performance Management. TripleTree served as the exclusive financial advisor to ThinkFast Consulting in this transaction. The deal, financed by Monitor Clipper Partners, brings together three existing leaders to provide complementary and industry-leading consulting, implementation, research, education and knowledge transfer services to clients globally.

ThinkFast Consulting has offices nation-wide and delivers CPM solutions to Fortune 1000 customers that integrate people, processes and systems to drive performance. Their solutions allow customers to improve planning, monitor results, analyze and anticipate changes and opportunities, and act. As the exclusive financial advisor to ThinkFast Consulting, TripleTree, an investment banking specialist known for its technology focus and in-depth understanding of today’s market, brought unique industry perspectives and expert advisory services in helping to consummate a complex transaction involving three companies. “ThinkFast Consulting clearly represents one of the premier providers of CPM solutions,” says Dave Henderson, a Managing Partner at TripleTree. “The combination with other industry leaders creates a bold move in the industry to immediately establish a dominant player in these fragmented, but highly attractive growth markets.”

Headquartered in Lincoln, MA, Palladium will provide the most comprehensive coverage in the industry, with US-based offices in Boston, Chicago, Dallas, Detroit, Houston, Kansas City, New York, and Washington D.C., international offices in London and Sydney, and eight affiliates with 100 additional employees in 12 countries in Europe, Latin America and Asia-Pacific. Palladium has more than 250 employees serving global industry leaders in the consumer goods, energy, Federal government, financial services, life sciences, manufacturing, retail and utilities sectors. Representative clients include Big Lots, British Petroleum, Cadbury Schweppes, Caterpillar, CVS/pharmacy, DaimlerChrylser, EMC, FedEx Express, Fidelity, Gillette, Lockheed Martin, Pfizer, Saks Incorporated, Staples, the US Army, and Wal-Mart.

“Success in today’s M&A marketplace is based not only on the ability to understand fundamental marketplace drivers but also on the ability to translate each company’s specific attributes into a differentiated strategic proposition for each buyer and segment,” said Henderson.

“TripleTree provided critical advisory to ThinkFast during our merger. A three company merger is complicated, however TripleTree’s calculated approach to assessing strategic options determined the best possible long-term growth strategy for ThinkFast shareholders,” said Tom Phelps, founder and president of ThinkFast Consulting.

“Our transactional and advisory approach with clients like ThinkFast Consulting is predicated upon a core understanding of the fundamental marketplace drivers and the BI and CPM sectors. Knowing that there is consolidating activity among project-based IT services and high-end consulting firms, and given the heightened interest in ThinkFast’s core competencies, we not only identified a possible buyer, but a combination that creates one of the most exciting stories in this sector," said Brian Klemenhagen, Senior Principal at TripleTree.

To read the full case study on this transaction, please visit the Engagement page on TripleTree’s website or click here.

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