Patina Solutions raises $1.5 million in venture capital, will open Boston office

Organizations:

Since opening in 2008, company has grown to four locations

Patina Solutions, a Milwaukee-based professional services firm, has raised $1.5 million from private investors throughout the Midwest and has opened an office in Boston. Patina provides seasoned professionals on a flexible basis to client companies to help them achieve their business objectives.

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The company has grown quickly since it opened in 2008. The company now has more than 500 professionals in its talent portfolio and offices in Milwaukee, Chicago and Cleveland, in addition to the new office in Boston that was opened last week.

"Patina’s story, results and plans resonated very well with angel investors, even in these still difficult economic times," said Mike Harris, co-founder and CEO of Patina Solutions. "Patina now has almost 50 individual investors from several states including Wisconsin, Illinois, Michigan and Ohio. We are continuing to grow and are expecting a 700 percent increase in sales from 2009 to 2010."

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Patina provides seasoned professionals on a flexible basis to help companies achieve their business objectives. Most of its professionals are 50 years old or older, and are able to give the company’s clients the benefits from their years of experience.

Harris is an experienced entrepreneur with significant success in start-up and high-growth companies. Patina is his sixth professional services start-up since 1995. He is best known as the founder and former CEO of Jefferson Wells, which was acquired by Manpower in 2001.

For more, visit www.patinasolutions.com.

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