60. Trinity Partners Growth Rate: 32% HQ: Waltham, Mass.
Trinity Partners is a trusted life sciences strategy consulting firm that takes a personalized approach to working with pharmaceutical, biotech, medical device, and diagnostic clients worldwide to create tailored, evidence-based solutions that drive business strategy and impact bottom lines. Trinity is currently celebrating its 20th year in business. Dave Fitzhenry, Managing Partner at Trinity Partners sat down to discuss the firm’s financial performance.
Consulting: What were the main factors that contributed to your firm’s exceptional growth?
Fitzhenry: Throughout Trinity’s 20-year history, we have strived to create a culture of smart and motivated people committed to delivering exceptional work for our clients. From an internal perspective, we hold ourselves to high standards for recruitment, training, and retaining our people to support the continued growth of our business. Our strong positive work environment allows individuals to grow and sustain long-term careers. We have built a community of experts in the life sciences who are able to leverage their knowledge of the healthcare space across a myriad of therapeutic areas and project types.
Consulting: How is this year shaping up for your firm?
Fitzhenry: 2016 has been an exciting year for our firm already, as we are celebrating the 20th anniversary of its founding and are on track to continue the annual double-digit growth that we have experienced each year since. This year has also seen our largest ever headcount increase of 25 percent as we’ve continued to hire talent across all of the core areas of the firm. Our headcount has expanded across all of our office.
Consulting: How would you describe your firm’s outlook for 2017? Where do you see the most opportunities?
Fitzhenry: Our firm has a strong outlook for 2017 with our continued commitment to growth in headcount across our offices as well as to revenue through retaining and expanding upon our existing client base. We will continue to function by the principles that have supported our strong growth historically, to hire exceptional individuals and to always deliver the highest quality insightful work to our clients.
Consulting: What would you say are your firm’s biggest challenges in 2017?
Fitzhenry: Our vision is to lead transformation in the life sciences industry, guiding our clients with strategy and insights that support the development and delivery of life changing innovations to patients around the globe. Our biggest challenges go beyond 2017 and focus on organic and sustainable growth while retaining a vibrant culture of innovation. We plan to double our existing business in the next five years, have more than 300 professionals, be a global presence, add senior expertise and capabilities and, make a difference in our community.
Consulting: What does being named one of Consulting’s Fastest Growing Firms mean to your firm, your employees and your clients?
Fitzhenry: For Trinity, being named one of Consulting’s Fastest growing firms is incredibly exciting for us, as it provides validation that the continued investment in our firm and our people is making a true impact to the industry. This type of recognition helps build our strong reputation among our current client base and will help drive new business. In addition, we believe it will help in our recruiting efforts to attract talent eager to be part of this continued growth trajectory.