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 Advises Incapsulate in its Acquisition by Accenture

Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another successful transaction in its IT Services and Public Sector Technology practices. Clearsight served as the exclusive advisor to Incapsulate, LLC (“Incapsulate” or the “Company”) in its acquisition by Accenture (NYSE: ACN). Incapsulate is a Washington, DC-based digital transformation consulting firm specializing in Salesforce solutions. Since its … Continued

Clearsight Advises Phoenix in its Acquisition by J.S. Held

Clearsight Advisors, Inc. (“Clearsight”) is proud to announce a successful transaction in its leading Professional Services practice. Clearsight served as the exclusive advisor to Phoenix Management Services® and Phoenix IB® (Phoenix) (“Phoenix” or the “Company”) in its acquisition by J.S. Held, LLC (“J.S. Held”), a portfolio company of Kelso and Co., L.P. (“Kelso”). Phoenix provides … Continued

Clearsight Advisors Continues Growth with Two Key Senior Additions: Matt Brom and Stephen Shankman

Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce Matt Brom and Stephen Shankman have joined the firm as Managing Directors. As the Clearsight team continues to grow, Matt and Stephen will play a key role expanding the firm’s industry coverage and enhancing Clearsight’s M&A capabilities and leadership in the Knowledge Economy. Matt Brom will lead … 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 2022 Year in Review

    2022 marked 11 years in business and numerous milestones for Clearsight. Our team achieved another record year in deal values, second only to the robust anomaly of 2021. Through geopolitical and macroeconomic shifts, our team continued to provide insights and advice to our clients across the professional and tech-enabled services landscapes that comprise … Continued

Clearsight Advises Inovalon on the Divestiture of Avalere to Fishawack Health

Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another successful transaction in its Healthcare & Life Sciences practice. Clearsight served as the exclusive financial advisor to Inovalon, Inc. (“Inovalon”) on the divestiture of its healthcare consulting and advisory business, Avalere Health, LLC (“Avalere”), to Fishawack, Ltd. (“Fishawack”), a portfolio company of Bridgepoint Advisers, Ltd. (“Bridgepoint”). … Continued

Clearsight’s M&A and Private Equity Trends for 2022

While most enterprises in 2021 were finally beginning to adjust and regain their footing after enduring a tumultuous pandemic-year, the M&A, private equity, and venture capital industries found themselves hitting the ground running – delivering a record-breaking year during a period of mass economic uncertainty. ACG National Capital’s Corporate Growth, Capital Style team caught up … Continued

Clearsight’s 2021 Year in Review

2021 was a whirlwind year. At Clearsight, our 10th year was our biggest yet. From record deal closures and successful client outcomes to numerous professional and personal milestones, Clearsight continued to lead the M&A market and provide expert advice and unparalleled outcomes. Through all the changes of the year, and the inevitable changes to come, … Continued

Regions Financial Closes on its Acquisition of Clearsight Advisors

Regions Financial Corp. (NYSE:RF), the parent company of Regions Bank, on Tuesday announced it has completed its acquisition of Clearsight Advisors, Inc. The acquisition expands Regions’ mergers-and-acquisitions (M&A) advisory capabilities into the technology industry. Clearsight will be incorporated into Regions Bank’s Capital Markets division. Over the last decade, Clearsight has built a solid reputation as … Continued

Clearsight Advises W@tchTower in Acquisition by Achieve Partners

Clearsight served as the exclusive advisor to W@tchTower, a managed security service provider (MSSP) specializing in cybersecurity operations services and technology, in its acquisition by Achieve Partners. W@tchTower now operates under UltraViolet Cyber, Inc., a combination of four pioneering firms: Metmox, Mosaic451, Stage 2 Security, and W@tchTower. The entity brings together decades of experience at … Continued

Clearsight Advises Protech Associates in its Acquisition by Togetherwork

Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another successful transaction in its Association Management Software (AMS)/Payments practice. Clearsight served as the exclusive advisor to Protech Associates, Inc. (“Protech” or the “Company”) in its acquisition by Togetherwork Holdings, LLC (“Togetherwork”),  a portfolio company of GI Manager, LP dba GI Partners. This transaction underscores Clearsight’s leading … Continued

Clearsight Advises ClearView Healthcare Partners in its Recapitalization by GHO Capital

Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another successful transaction in its Life Sciences Consulting practice. Clearsight served as a strategic investment banking advisor to ClearView Healthcare Partners, LLC (“ClearView” or the “Company”) in its recapitalization by GHO Capital Partners, LLP (“GHO Capital”). This transaction underscores Clearsight as the preeminent advisor to strategy consulting … 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 Advises DAS42 on an Investment by M/C Partners

Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another successful transaction in its market-leading Data Analytics and Digital Transformation Practices. Clearsight served as exclusive financial advisor to DAS42, LLC (“DAS42” or “The Company”) on a growth investment from M/C Partners. This transaction reaffirms Clearsight as a leading advisor to the highly coveted Cloud & Data … Continued

Clearsight Advises H.I.G. Capital on Growth Investment in Concord and Upton Hill

Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another successful transaction in its Digital Transformation and Data Analytics practices. Clearsight served as exclusive advisor to H.I.G. Capital (“H.I.G.”) on its growth investment in Concord USA, LLC (“Concord”) and Upton Hill Inc. (“Upton Hill”). This marks another landmark buyside advisory transaction for Clearsight. H.I.G. is a … Continued

Deal Making in an Evolving Landscape: A Recap of Clearsight’s Digital Innovation Summit M&A Panel Discussion

At this year’s Virtual Digital Innovation Summit, Clearsight’s M&A panel brought together thought leaders from across the digital transformation sector to discuss Deal Making in an Evolving Landscape. Philo Tran, Managing Director and Head of the Digital Transformation practice at Clearsight, moderated the panel that included Prasad Chintamaneni, Managing Director at New Mountain Capital; Tim … Continued

Clearsight Advisors’ 2020 Year in Review

Despite one of the most tumultuous and uncertain years on record, Clearsight remained committed to providing expert advice and unparalleled outcomes to our clients across professional and technology-enabled services sectors. Our industry focus areas demonstrated resilience, delivering critical services and technology as the world pivoted to virtual work. As a firm, Clearsight expanded into new … Continued

Clearsight Advises NovoScale on its Merger with Evergreen Systems and Cerna Solutions

Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce the completion of another successful transaction in its IT & Cloud Services practice.  Clearsight served as advisor to NovoScale (“NovoScale” or “The Company”) on its merger with  Evergreen Systems, Inc. (“Evergreen”) and Cerna Solutions, LLC (“Cerna”), backed by Sunstone Partners (“Sunstone”). This deal further underscores Clearsight’s position … Continued

Clearsight Advises Pace Harmon in its Acquisition by West Monroe Partners

Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce the successful completion of the sale of Pace Harmon, LLC (“Pace Harmon” or “the Company”), a leading management consulting firm focused on IT and business services transformation and outsourcing advisory. Clearsight served as the exclusive financial advisor to Pace Harmon in its acquisition by West Monroe Partners, … 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

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

2020 Market Impact Report: Key Takeaways Infographic

This infographic is a follow-on to the May 2020 report in which 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 Key … 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

Five Actions to Prepare Your Consulting Business for Sale

As we described in a recent article, the consulting M&A market was highly active in 2016, with diverse buyers pursuing rapidly growing firms with domain expertise in “hot” horizontals and verticals such as Cloud Services, Healthcare, and Digital Transformation. We expect an active consulting M&A market to continue in 2017. For consultancies evaluating a potential … Continued

The Consulting M&A Market: Back on Top in 2016

Although 2016 started with what initially appeared to be muted M&A activity, we will likely look back on 2016 as a key inflection point for the broad consulting industry. Through an equal combination of both strong volume and values, the consulting M&A market reached new heights and set a high bar for 2017. With 2016 … Continued

Clearsight Celebrates 5 Years

As we celebrate Clearsight Advisor’s 5th Anniversary on July 8th, we can’t help but take a moment to reflect on the journey and say thank you. It’s hard to believe that five years have passed since we launched our firm. Clearsight has grown from our original four employees to 22 employees today. We have completed … Continued

Clearsight Advises ARRYVE LLC in its Acquisition by Grant Thornton, LLP

Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce the completion of another highly successful transaction in the business consulting and professional services industry. Clearsight served as the exclusive strategic and financial advisor to ARRYVE LLC in its acquisition by Grant Thornton, LLP.  This transaction deepens Clearsight’s position as the leader in advising high-end consulting firms.

Clearsight Advises LRA on its Acquisition by Deloitte

Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce the completion of another highly successful strategic transaction in the consulting and customer experience industry. Clearsight served as the exclusive strategic and financial advisor to LRA Worldwide (“LRA”) on its acquisition by Deloitte & Touche LLP (“Deloitte”). The transaction underscores Clearsight’s unrivaled position as the advisor of … Continued

Clearsight Client, Kinsail Corporation, Wins Deal of the Year

Clearsight client, Kinsail Corporation, won the Strategic Deal of the Year (Under $50M) last week at the Annual ACG National Capital Corporate Growth Awards for its acquisition by Accela, a portfolio company of Bregal Sagemount and ABRY Partners.  After a highly competitive process, Kinsail, a leader in web-based, public sector payments solutions added federal, state, … Continued