Mosaic Consulting Group

Canaccord Genuity Advises Mosaic Consulting Group, a UKG Consulting and Managed Services Specialist, on its Investment from Avesi Partners

Strategic investment will support Mosaic’s organic and M&A-driven growth activities, leveraging the continued growth of the UKG ecosystem

Canaccord Genuity has advised Mosaic Consulting Group, a leading provider of UKG-focused human capital management (HCM) and workforce management (WFM) consulting and managed services, on its strategic investment from Avesi Partners. This transaction represents the first institutional capital invested in the company and a significant opportunity to build on Mosaic’s reputation and capabilities to make the company an even stronger partner to UKG and its clients, expand managed services offerings, and pursue strategic acquisitions.

Headquartered in Nashville, Tennessee, Mosaic is a premier consultancy dedicated exclusively to UKG solutions, supporting companies nationwide with a team of highly specialized consultants and managed services professionals. The company provides a full suite of services, including HCM and WFM implementations, ongoing managed services, and strategic advisory support. Mosaic serves a diversified client base across healthcare, manufacturing, retail, and other industries, with a reputation for deep UKG expertise, on-time and on-budget delivery, and best-in-class customer service. The company has experienced rapid growth in recent years, as organizations increasingly look for specialized partners to support their HCM and WFM technology investments. Mosaic is well-positioned to capitalize on UKG’s expanding market presence and support for its implementation and managed services partners.

Avesi has partnered with Mosaic’s leadership team, including founder Vicki Hill and CEO Krystyn Sadler, to support the company’s mission of helping clients maximize the value of their UKG platforms and to accelerate the company’s growth strategy. As part of the transaction, Mike Maiolo, founder and former CEO of Rizing, which was acquired by Wipro in 2022, will join Mosaic’s board of directors. Mike brings more than two decades of experience delivering operational improvements, executing strategic M&A, and scaling consulting businesses globally.

Avesi Partners, with offices in Stamford, Connecticut and Richmond, Virgina, and more than $2.2 billion in assets under management, focuses on partnering with lower-middle market, privately-held and family-owned businesses in key sectors of the economy, including healthcare services and technology and business services. The firm seeks to provide the expertise and resources to empower businesses to attain their full vision in a time and capital efficient manner. Avesi’s goal is to collaborate with families, founders, and executives to accelerate growth and expansion, while positioning the businesses to achieve long-term success and enduring value. The firm typically targets platform companies with approximately $5-30 million of EBITDA.