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CHILDS Represented Clovis Group in its Sale to Eliassen Group

Atlanta, GA, April 28, 2011 – CHILDS Advisory Partners (“CHILDS”) served as the financial advisor to Clovis Group, LLC (“Clovis”), in its recent sale to Eliassen Group (“Eliassen”), a staffing firm focused on technology and eClinical solutions.

About Clovis

Founded in 2000 and located in Bethesda, MD, Clovis is a high–growth provider of information technology staff augmentation to federal contractors, biotechnology companies and other commercial firms in the Washington, D.C. metro area. Clovis has steadily outperformed its competition and the staffing industry as a whole, gaining recognition from the Washington Business Journal as one of the top five fastest–growing staffing companies in the D.C area for the past three years. In 2010, the Company had revenues of approximately $36 million.

“ We are excited by the prospect of joining such a well–known and respected firm and look forward to building on our combined strong reputation,” said Greg Diamond, chief executive officer of Clovis. “Both companies are well–aligned in our mission to provide clients with the most qualified technology professionals and improve the careers of our consultants.”

About Eliassen Group

Eliassen Group, headquartered in Wakefield, Mass. and backed by Boston-based private equity firm Riverside Partners, is composed of two divisions: Technology Staffing and eClinical Solutions. Eliassen has offices in New England, New York, Charlotte and Philadelphia.

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About CHILDS Advisory Partners

CHILDS Advisory Partners provides exceptional investment banking services to high‐performing business services and technology companies. Our unique combination of global sector focus, process excellence and strength of team allow us to achieve successful outcomes for our clients. Collectively, our senior bankers have executed over 450 M&A and financing transactions. CHILDS is a member of FINRA and SIPC and is a registered broker‐dealer.

For further information please contact:
P: (404) 751-3000
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E: info@childsap.com

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CHILDS Advisory Partners