Fahrenheit Advisors

What Fahrenheit Advisors does

Fahrenheit Advisors is a private, Richmond, Virginia-based management consulting and business advisory firm founded in 2010 by Rich Reinecke and Keith Middleton. The firm delivers professional services across five core practice areas — Business Advisory, Finance & Accounting, Human Capital, Sales Advisory, and Executive Search — plus fractional and interim executive placement (CFO, COO, CHRO, CEO, Controller, VP-level roles). It primarily serves U.S. middle-market companies (typically $10M-$1B in revenue), private equity portfolio companies, non-profits, and state and local government agencies, with named engagements spanning 11+ industry verticals including manufacturing, healthcare, education, government contracting, technology, and professional services. Over 15 years, the firm has grown to 140+ professionals and served 1,000+ clients nationwide, with consultants distributed across the country though headquartered at a single Richmond office.

The firm operates a project-based, custom-quoted professional services model with no publicly disclosed rate cards and no proprietary technology platform. Its value proposition centers on deploying experienced former operators (ex-CFOs, ex-CEOs, ex-Deloitte, ex-KPMG, ex-Navy intelligence) who staff fractional, interim, advisory, and executive search engagements. The Technology & Data sub-practice focuses on program management, vendor selection, and robotics/automation advisory rather than in-house AI/ML or software product development. Revenue streams are split between management consulting/advisory engagements and executive search/recruiting, both delivered on professional services terms.

In February 2025, Fahrenheit was acquired by Smith + Howard, a national accounting firm, marking a structural shift from independent founder-led private ownership to a subsidiary of a larger professional services platform. Post-acquisition, the founders remain involved (Reinecke as President, Middleton as Chief Strategy Officer), Kris Cravey was promoted from COO to President, and the firm has continued investing in senior leadership hires (including a Chicago-based Director of Business Development) and dedicated practice areas (Transactions & Private Equity Team). The firm has earned consecutive Forbes 'America's Best Executive Recruiting Firms' rankings (#129 in 2025, #94 in 2026), 7 consecutive Virginia 'Best Places to Work' awards, and 2026 induction of its founders into the Greater Richmond Business Hall of Fame.

Name

Fahrenheit Advisors

Legal name

Fahrenheit Advisors

Website

https://fahrenheitadvisors.com

Company type

Private

Founded year

2010

Operating status

Operating

Short description

Fahrenheit Advisors is a Richmond, VA-based management consulting and executive search firm serving U.S. middle-market companies, PE portfolio companies, non-profits, and government agencies. Founded in 2010, it delivers advisory, fractional leadership, and retained search across five practice areas with 140+ professionals, and was acquired by Smith + Howard in February 2025.

Ownership category

akta.pro rank

Headquarters

HQ city

Richmond

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Management Consulting & Advisory Services: Project-based consulting engagements for business advisory, finance & accounting, human capital, sales advisory, and strategy services. Engagements include fractional and interim executive solutions (CFO, COO, CHRO, CEO, VP roles).
2. Executive Search & Recruiting: Retained and contingent executive search engagements placing senior leadership (C-suite, VP, Director levels) across industries. Includes talent market intelligence and recruitment process management.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Fahrenheit Advisors is a management consulting and executive search firm that delivers project-based advisory engagements, fractional/interim executive leadership placements, and retained executive search to middle-market, PE-backed, non-profit, and government clients. Services span business advisory (strategy, transformation, transaction support, technology & data), finance & accounting, human capital, sales advisory, and senior talent acquisition across 11+ industry verticals.

Product overview

Fahrenheit Advisors is a management consulting and business advisory firm that offers a unified portfolio of professional services organized into five core practice areas: Business Advisory, Finance & Accounting, Human Capital, Sales Advisory, and Executive Search. The firm provides both consulting engagements and fractional/interim executive placements across these service lines. Services include strategic planning, financial management, HR consulting, sales transformation, and talent acquisition. The company serves middle-market companies, non-profits, government agencies, and private equity-backed organizations across more than 11 industry verticals.

Differentiator

Problem solved

Functional benefit

Products and services

• Business Advisory Management consulting service helping businesses overcome operational and market obstacles to growth through fractional/interim leadership, strategy formulation, business transformation, transaction support, and technology and data consulting.
• Finance & Accounting Financial consulting and advisory services including planning and budgeting, profitability management, treasury and cash management, transaction processing, finance analytics and business intelligence, and risk and compliance.
• Human Capital HR consulting services encompassing talent management, talent development, HR management, compensation and benefits, and culture and belonging initiatives.
• Sales Advisory Revenue-focused consulting including go-to-market strategy, sales process optimization, training and development, and executive search for sales leadership roles.
• Executive Search Talent search and recruiting services for senior leadership and executive positions, including talent market intelligence and recruitment process management.
• Fractional & Interim Executive Leadership Provides part-time or temporary executives including CEO, COO, Chief Turnaround Officer, CFO, Controller, Accountant, CHRO, Director, Manager, Chief Revenue Officer, and VP-level positions to clients who need senior leadership without full-time commitments.

Quantifiable outcome

• Empower Brands: Placed 10 leaders in 24 months including 3 Group/Brand Presidents and 4 VPs
• +4 more outcomes

Named customers18 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Bridgepoint Consulting: Bridgepoint is a Texas-based management consulting firm providing finance, technology, and risk advisory plus fractional CFO services to middle-market and PE-backed companies. Direct peer in size, services, and target customer.
• Slalom: Slalom is a mid-market-focused management and technology consulting firm with strong regional delivery. Comparable in middle-market segment focus, multi-disciplinary practice mix, and emphasis on local relationships, though with a tech consulting tilt.
• West Monroe Partners: West Monroe is a digital and management consultancy focused on mid-market and PE-backed companies across multiple industries. Comparable in target customer (PE/middle-market), consulting breadth, and emphasis on measurable operational outcomes.
• Resources Connection (RGP): RGP is a global consulting firm specializing in project-based and fractional professional services across finance, HR, and operations. Highly comparable to Fahrenheit's fractional executive and advisory model serving mid-market and PE-backed companies.
• Alvarez & Marsal: A&M is a global professional services firm known for turnaround management, interim executive leadership, and operational improvement. Directly comparable to Fahrenheit's interim CEO/CFO/COO and operational transformation services for distressed or transition-stage companies.
• Accordion Partners: Accordion is a fractional-focused finance and accounting consulting firm serving private equity-backed middle-market companies. Closely comparable to Fahrenheit's F&A practice and PE portfolio company focus.

Broad incumbents

• Huron Consulting Group: Huron is a publicly traded global consulting firm with overlapping service lines in operations, finance, and talent. Comparable as a broader incumbent offering similar capabilities to enterprise and mid-market clients, though at significantly greater scale than Fahrenheit.
• Korn Ferry: Korn Ferry is a global organizational consulting firm and one of the largest executive search providers. Comparable to Fahrenheit's Executive Search practice, though at far greater scale, with additional breadth in talent assessment and leadership development.
• BDO USA: BDO is a top-5 global accounting and advisory network with significant middle-market and PE coverage. Relevant as both a competitor to Fahrenheit's advisory and fractional services and a comparable mid-market-focused professional services platform.
• FTI Consulting: FTI is a global business advisory firm offering corporate finance, restructuring, and strategic communications. Comparable in advisory/restructuring services, but operates at significantly larger scale and serves more enterprise clients than Fahrenheit's mid-market base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/fahrenheit-advisors

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fahrenheit Advisors