Rejigg Success Story

TEG Consulting

A 30-Year Search Firm's Patient New Owner

Closed DealConsultingNew York MetroApr 2026

The Business

TEG Consulting has placed VP, director, and senior executive talent for nearly 30 years, mostly for private equity-backed companies in tech and healthcare across the New York-to-Washington corridor. The business runs on repeat relationships, with more than 90 percent of engagements coming from returning clients, and no single customer dominating the book.

Founder Rick DeRose built the firm in the 1990s, deliberately hiring accomplished women from corporate America as his founding team, and for the past decade has run it from a distance while his longtime operator managed day-to-day. He sold to simplify his life and to hand the firm the growth energy he no longer wanted to fund himself.

Transaction Timeline

1Connected on RejiggOct 2025
2LOI ExecutedFeb 2026
3Deal ClosedApr 2026

How the Deal Happened

TEG drew three serious buyers who pursued it in parallel for months after connecting in October 2025. The winning LOI came in February 2026 from Shinemon Akiyama, and the deal closed in April 2026, about six months end to end, with the firm's operating leadership staying in place.

Deal Highlights

Repeat-Client Engine

More than 90 percent of engagements come from returning clients.

Three Bidders

Multiple buyers pursued the firm in parallel before the winner emerged.

Decades-Long Hold

The buyer's fund plans to own for 10 to 20 years, not flip.

Leadership Continuity

The operating team that ran the firm stayed in place.

The Buyer

Shinemon Akiyama acquired TEG through Akiyama Capital, a New York search fund backed by Japanese investors with a 10-to-20 year hold horizon and an explicit commitment to preserving the firm's culture rather than rolling it up. For a relationship business, a buyer measuring in decades was the fit that mattered.

What's your business worth?

Sign up to learn more about selling your business. Free valuation included.

Recent transactions on RejiggView all selected transactions
Closed
PUB3.3×Community news publisher Closed in 8 monthsRTL5.2×Quilting Fabric & Supplies Retailer LOI in 36 daysSIGN3.1×Promo & signage company 4 competing offersINSL2.4×Industrial insulation Closed in 6 monthsMKTG3.4×Healthcare ad-tech LOI in 62 daysAGRI2.1×Equine supplements Closed in 6 monthsELEC2.7×Residential electricians Sold on RejiggCONS2.3×Leadership consulting 5 competing offersPUB2.9×Self-publishing services 4 competing offersMFG3.4×Conveyor manufacturer 3 competing offersSPA5.3×Luxury day spa Sold on RejiggLANG4.7×Language Services Company LOI in 19 daysELEC2.4×Electrical services Sold on RejiggSAAS4.1×BI software & consulting 5 competing offersSAAS2.2×Podcast SaaS platform Closed in 11 monthsMFG6.3×Packaging-equipment maker LOI in 76 daysSAAS5.0×Wholesale ordering platform 3 competing offersPUB2.4×Hybrid book publisher Sold on RejiggIT4.5×Managed IT / MSP Closed in 9 monthsDOC2.4×Document management Closed in 7 monthsPUB3.3×Community news publisher Closed in 8 monthsRTL5.2×Quilting Fabric & Supplies Retailer LOI in 36 daysSIGN3.1×Promo & signage company 4 competing offersINSL2.4×Industrial insulation Closed in 6 monthsMKTG3.4×Healthcare ad-tech LOI in 62 daysAGRI2.1×Equine supplements Closed in 6 monthsELEC2.7×Residential electricians Sold on RejiggCONS2.3×Leadership consulting 5 competing offersPUB2.9×Self-publishing services 4 competing offersMFG3.4×Conveyor manufacturer 3 competing offersSPA5.3×Luxury day spa Sold on RejiggLANG4.7×Language Services Company LOI in 19 daysELEC2.4×Electrical services Sold on RejiggSAAS4.1×BI software & consulting 5 competing offersSAAS2.2×Podcast SaaS platform Closed in 11 monthsMFG6.3×Packaging-equipment maker LOI in 76 daysSAAS5.0×Wholesale ordering platform 3 competing offersPUB2.4×Hybrid book publisher Sold on RejiggIT4.5×Managed IT / MSP Closed in 9 monthsDOC2.4×Document management Closed in 7 months