Healthcare & Life Sciences Services Market Insights January 2024

2023 included notable M&A activity in the Healthcare & Life Sciences Services market, propelled by ongoing scientific and technological advancement and regulatory changes, and strong interest from private equity investors. Key segments attracting market demand included medical communications, commercialization consulting, regulatory affairs, outsourced drug development services, revenue cycle management, EHR and clinical workflow consulting, and … Continued

Clearsight Continues Growth with a Key Addition & Promotions

Clearsight is thrilled to highlight the growth and success of our firm through a key team addition and promotions. First, we are delighted to welcome Rishabh Mishra as Managing Director. Joining Clearsight’s New York City office, Rishabh brings a remarkable background from years working in the Knowledge Economy. Rishabh most recently led Apexon’s corporate development … Continued

2023 Year in Review

    2023 highlighted Clearsight’s collective resilience, adaptability, and dedication to achieving a memorable year for our clients and our firm. We navigated a dynamic M&A landscape and a challenging economic climate to help our clients achieve their goals, culminating in 18 completed transactions and an aggregate value of over $2 billion. Cross-border and private … Continued

Clearsight’s Gretchen Frary Seay Named to Dallas 500

We are thrilled to announce Gretchen Frary Seay, Clearsight Co-Founder and Managing Director, has been named to D CEO’s 2024 Edition of the Dallas 500 for the fourth consecutive year. This incredible achievement underscores Gretchen’s commitment to excellence and her powerful presence in the Dallas business community. The Dallas 500 celebrates the most powerful and … Continued

Clearsight and Investec Advise Doceree on Capital Raise

Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce a cross-border transaction in its Healthcare & Life Sciences practice. Investec plc, in partnership with Clearsight, advised Doceree, Inc. (“Doceree” or the “Company”) on a capital raise led by Creaegis Advisors, LLP (“Creaegis”). Existing investors, Eight Roads Ventures, and F-Prime Capital, also participated in the Series B … Continued

Clearsight Advises CREO in its Recapitalization by Grant Avenue Capital

Clearsight Advisors, Inc. (“Clearsight”) is proud to announce a successful transaction in its industry-leading Healthcare & Life Sciences practice. Clearsight served as the exclusive financial advisor to CREO, Inc. (“CREO” or the “Company”) in its recapitalization by Grant Avenue Capital, LLC (“Grant Avenue”). CREO is a leading management consultancy serving growing life sciences, healthcare, and … Continued

AI’s Potential Impact on Software Engineering

The rise of OpenAI’s ChatGPT has captured the world’s attention and drawn tremendous interest to the rapidly progressing world of artificial intelligence (AI). Natural language processing models (NLPs) have advanced so much in recent years that generative AI tools can now pass the bar and US medical licensing exams. Public companies have taken note of these … Continued

Cybersecurity’s Golden Mean

For nearly 2,500 years, philosophers have wrestled with the age-old question of how to balance the three pillars of cybersecurity: technology, processes, and people. Well, not quite. As an explicit concept applied to cybersecurity, this framework has been advanced for a mere few decades. Nonetheless, the core understanding behind it traces back to Ancient Greece, … Continued

Clearsight Advises Enforce Consulting on the Divestiture of its Australian Business to Deloitte Australia

Clearsight Advisors, Inc. (“Clearsight”) is pleased to share another successful transaction in its Digital, Data & Cloud Practice. Clearsight served as the exclusive financial advisor to Enforce, LLC (“Enforce” or the “Company”) on the divestiture of its Australian business to Deloitte Australia. Enforce is a leading Ceridian consulting partner, utilizing Dayforce to bring organizations to … Continued

Clearsight Advises Beghou Consulting on an Investment by Varsity Healthcare Partners

Clearsight Advisors, Inc. (“Clearsight”) is proud to share another successful transaction in its Healthcare & Life Sciences Practice. Clearsight served as the exclusive financial advisor to Beghou Consulting, LLC (“Beghou” or the “Company”) on a strategic investment from Varsity Management Co., LP dba Varsity Healthcare Partners (“VHP”). Beghou is an industry-leading life sciences consultancy helping … Continued

Accounting & Private Equity Transaction Primer

TowerBrook Capital Partners’ 2021 investment in EisnerAmper catalyzed private equity’s pursuit of accounting firms. The two industries have coexisted for decades, but this partnership established a new chapter in private equity’s playbook, creating novel entity structures in the process. Read more on market dynamics, transaction structures, and partnership considerations in our market overview. Download Now … Continued

The Impact of the FTC’s Proposed Non-Compete Rule on M&A

The Federal Trade Commission (FTC) recently proposed a series of sweeping changes to current non-compete law that would effectively ban these agreements between employees and employers under most circumstances. If implemented in its current form, the rule would substantially change how employers and acquirers utilize restrictive covenants, with potential impacts across compensation structures, M&A dynamics, … Continued

Clearsight’s Justin Loeb named M&A Professional to Watch by ACG

The Association for Corporate Growth’s (ACG) Middle Market DealMaker Magazine named Clearsight’s Justin Loeb, Director and Sponsor Coverage Lead, as an Investment Banker to Watch in their Winter 2023 issue titled M&A Business Development Professionals to Watch. Justin joined Clearsight in 2014 and founded the firm’s sponsor coverage practice in 2020. In the years since, … Continued

Clearsight’s Philo Tran Discusses DEI with ACG, AnswerLab and Shamrock Capital

Clearsight Advisors advised AnswerLab, a leading independent UX research firm, on a search to find an investment partner to propel AnswerLab’s growth. AnswerLab Founder and CEO Amy Buckner Chowdhry valued a strong commitment to diversity, equity and inclusion (DEI), and finding these values in a potential investor was central to the deal process. Shamrock Capital … Continued

Clearsight Advises RLH Equity Partners on Sale of Majority Stake in CrossCountry Consulting to Investcorp

Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce the completion of another successful Business Advisory transaction. Clearsight served as advisor to RLH Equity Partners (“RLH”) on the sale of its majority stake in CrossCountry Consulting, LLC (“CrossCountry” or the “Company”) to Investcorp Holdings B.S.C. (“Investcorp”). Public Sector Pension Investment Board (PSP Investments) also invested, and RLH … Continued

Clearsight Advises AnswerLab on an Investment by Shamrock Capital

Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another successful transaction in its industry-leading Digital Transformation practice. Clearsight served as advisor to AnswerLab, LLC (“AnswerLab” or the “Company”) on a strategic investment from Shamrock Capital Advisors, LLC (“Shamrock”). AnswerLab is a leading independent UX research firm that partners with global brands such as Google, Amazon … Continued

Clearsight Advises USEReady on an Investment by Abry Partners

Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another landmark transaction in its Cloud, Data & Analytics practice. Clearsight served as the exclusive financial advisor to USEReady Inc. (“USEReady” or the “Company”) on a growth capital investment by Abry Partners (“Abry”). USEReady is a pioneering data and analytics firm specializing in Visual Analytics, Cloud Data, … Continued

Clearsight Advises Danforth Advisors on an Investment by Avesi Partners

Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another successful transaction in its Outsourced Finance and Accounting and Life Sciences Consulting practices. Clearsight served as the exclusive financial advisor to Danforth Advisors, LLC (“Danforth” or the “Company”), a portfolio company of Stone-Goff Partners (“Stone-Goff”), on a growth investment by Avesi Partners (“Avesi”). This transaction reaffirms … Continued

Clearsight Advises Huron on the Divestiture of its Life Sciences Business to Oliver Wyman

Clearsight Advisors, Inc. is pleased to announce another successful transaction in its Life Sciences Consulting practice. Clearsight served as the exclusive financial advisor to Huron Consulting Group Inc. (“Huron” or the “Company”) (NYSE: HURN) on the divestiture of its life sciences commercial and R&D strategy, pricing and market access strategy business (the “Life Sciences Business”) … Continued

A Letter from Clearsight Advisors’ CEO: Clearsight’s 10th Anniversary

  We are excited to announce the 10th anniversary of Clearsight Advisors, a milestone that highlights our dedication to providing high-impact financial advisory services to our clients. As we reflect on the past decade, we think back on how Clearsight and the world have evolved. Our values: Integrity Above All, Teamwork/People Focus, Intellectual Curiosity and … Continued

Clearsight Provides Fairness Opinion to Advisen in its Acquisition by Zywave

Advisen Ltd. (“Advisen”) announced on November 17th, 2020 that it has been acquired by Zywave, Inc. (“Zywave”), a portfolio company of Clearlake Capital Group, L.P. (“Clearlake”), further establishing the new platform as the leading software-as-a-service (SaaS) provider of front office insurance solutions. Zywave’s former majority owner, Aurora Capital Partners (“Aurora”), invested alongside Clearlake in the … Continued

M&A Heads to The Ballot Box: What this Election Means for Future M&A Activity

As the leading investment banking firm focused exclusively on high-end professional services and tech-enabled services businesses, Clearsight is dedicated to staying up-to-date on the concerns of the businesses within the sectors we serve. As we are all acutely aware, today’s election will have an impact on the public markets and M&A, whether through changes in … Continued

Clearsight Advises Cornerstone Advisors on an Investment by Altamont Capital Partners

Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another highly successful transaction in its market-leading Professional Services practice. Clearsight served as exclusive financial advisor to Cornerstone Advisors, Inc. (“Cornerstone”) on an equity investment from Altamont Capital Partners (“Altamont”). This represents Clearsight’s eighth transaction since the COVID-19 pandemic gripped the world starting in March. Cornerstone Advisors … Continued

A Unique M&A Window in the Midst of COVID-19

There are several factors contributing to today’s unique and unexpectedly active M&A climate. Increasing competition driving high valuations, record levels of dry powder, and low interest rates were all discussed in detail in our previous blog. Additional emerging considerations, including U.S. population trends, the percentage of business owners by generation, COVID-19, and potential near-term changes … Continued

Clearsight Advises Grupo ASSA Worldwide (gA) in its Acquisition by Globant

Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another highly successful transaction in its Digital Transformation practice.  Clearsight served as financial advisor to Grupo ASSA Worldwide (“gA”) in its acquisition by Globant S.A. (NYSE: GLOB) (“Globant”).  This deal marks Clearsight’s second LatAm transaction since June and the fifth overall transaction since April. Grupo ASSA Worldwide … Continued

Awakenings in the M&A Market? The Latest from Pillsbury’s M&A Webinar Series

Last week, Clearsight Managing Director and CEO, Joel Kallett, participated in the third installment of Pillsbury Law’s webinar, Awakenings? Current Status of M&A Activity. Clearsight joined M&A executives from defense contracting and technology sectors to share how the professional services industry is emerging from the economic impacts of COVID-19. The full webinar as well as … Continued

Professional Services M&A Market Impact Report 2020

We surveyed M&A executives around the world operating in the professional services industry, including digital transformation, business consulting, IT services, marketing and private equity. These industry leaders shared how COVID-19 and the subsequent economic downturn are affecting their M&A outlook. Download the report below for our full findings and analysis. Professional Services M&A Market Impact … Continued

Webinar: Status of M&A Deal Activity and Prospects

In a recent installment of the Pillsbury Law Webinar Series: Status of M&A Deal Activity and Prospects, Clearsight Managing Director Joel Kallett shared his analysis of COVID-19’s impact on the deal landscape. He was joined by panelists from Baird, Kipps DeSanto, Houlihan Lokey, and FON Advisors to discuss their experience with professional and tech-enabled services … Continued

Clearsight Advises ECG in its Acquisition by Siemens

Siemens Healthineers AG has announced its acquisition of a majority stake in ECG Management Consultants, a healthcare advisory firm headquartered in San Diego, California. The deal is expected to close in the fourth quarter of 2019. “The advisory business of ECG is a strong addition to our portfolio and a further step in the implementation … Continued

Clearsight advises Tech-Enabled Pricing and Profit Analytics and Optimization Leader, Insight2Profit, in its Growth Equity Investment by DFW Capital

Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another successful transaction in its market-leading Tech-enabled Services & Data Analytics Practices. Clearsight served as the exclusive strategic and financial advisor to INSIGHT2PROFIT in its growth equity investment by DFW Capital Partners. DFW Capital Partners (“DFW”) announced that it has closed a strategic investment in INSIGHT2PROFIT.  DFW … Continued

Why Hire an Advisor to Raise Capital?

In today’s environment where there is more capital chasing fewer deals, many PE firms have taken the approach to call companies directly and not wait for a call from an investment banker in a “process”. Consequently, many CEOs are inundated with calls from PE Groups “interested” in investing in their business. As long as the … Continued