In consulting, mergers can be dicey. In a game of hit and miss, there's plenty of misses. But with TayganPoint, merging two smaller firms was definitely a hit. The firm was formed three years ago when Taygan Consulting and VantagePoint Consulting Group joined forces.
"It's a great story of where 'one plus one equals three' " says John Cassimatis, Executive Vice President and co-founder of TayganPoint. Meanwhile, Joy Taylor, CEO and co-founder, says it works because the two firms had plenty in common. "If you had met us separately, we would've looked very much alike," she says. "We were both about $2.5 million, about 12 to 15 people and served the same type of clients."
So, when they came together in the fall of 2009, amid a terrible economic climate, it didn't take long for them to figure out they were onto something pretty special. "All of our clients were going through changes and we sort of hit it at the right place at the right time," Taylor says. "We were in a target-rich environment for organizations trying to find ways to maximize their resources and TayganPoint does just that."