ACG’s Middle Market Growth Magazine spoke with Nas Chobanov to gather insights on key factors shaping a positive M&A outlook for the professional services sector, including relative insulation from tariffs, AI adoption as a competitive advantage, and sub-areas attracting investor interest. Nas co-leads Clearsight’s Digital, Data, and Cloud Practice. Read the report on … Continued
Clearsight Advisors, Inc. (Clearsight) announced that Webster Equity Partners (Webster) has made a strategic investment in Penn Quarter Partners (PQP) to accelerate the growth of a highly specialized consulting platform for life sciences companies navigating complex regulatory, policy, and market challenges. The life sciences sector today faces mounting pressures—from policy shifts and reimbursement and access … Continued
At Clearsight Advisors’ Knowledge Economy Summit last month, there was a palpable sense that business transformation is no longer on the horizon – it’s here. The event gathered over 200 C-Suite business leaders, private equity executives, and senior strategic decision-makers in Dallas, TX to network and share industry insights. In addition to facilitating hundreds of … Continued
Clearsight’s Joel Kallett, Brendan Curran, and Justin Loeb offer their perspectives on the professional services M&A market, and the increasing role of private equity in the sector, in a recent feature with ALM Consulting Magazine. Read the article here. Contact the Authors Joel Kallett Co-Founder and Managing Director, Clearsight Advisors Washington, DC … Continued
Clearsight Advisors, Inc. (“Clearsight”) is proud to announce a successful transaction in its Professional Services practice. Clearsight served as the exclusive advisor to Huron Consulting Group, Inc. (“Huron”) on its divestiture of Studer Education (the “Company”). Studer Education is a Pensacola, FL-based consultancy that primarily supports K-12 educational institutions in their pursuit of system-wide continuous … Continued
Increased activity in the healthcare and life sciences ecosystem – from advancements in AI and the proliferation of GLP-1 drugs, to data breaches and evolving regulations – caused wide-reaching impacts and drove industry-wide growth in 2024. Clearsight’s Healthcare and Life Sciences team breaks down key M&A deals and investments in the sector from 2024, as … Continued
Clearsight Advisors, Inc. (“Clearsight”) is proud to announce a successful transaction in its Digital, Data, and Cloud practice. Clearsight served as the exclusive advisor to Verndale, LLC (“Verndale” or the “Company”) on a majority investment from Trinity Hunt Partners, LP (“Trinity Hunt”). Verndale is a digital experience and commerce agency delivering strategy, design, and development … Continued
After an exceptional 14-year career with Clearsight Advisors, Co-Founder and Managing Director Gretchen Frary Seay has retired from Clearsight and transitioned to an operating role as the Interim President of AspireHR. In 2011, Gretchen joined Co-Founders Joel Kallett, Greg Treger, and Beth Seidler to establish Clearsight, seeking to build a firm that embodied investment banking’s … Continued
Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce a successful transaction in its Information Services practice. Clearsight served as the exclusive advisor to Oliver Wyman, LLC (“Oliver Wyman”), a business of Marsh McLennan Co., Inc. (“MMC”) (NYSE: MMC), on the purchase of Celent, LLC (“Celent” or the “Company”) by GlobalData plc (“GlobalData”) (LON: DATA). Celent … Continued
After closing out the year, we reflect and reminisce on the year that was and reposition for the year that will be. At Clearsight, 2024 was a notable year for our team and our clients. Despite economic uncertainty, global upheaval, and numerous other challenges, we achieved several significant milestones that underscore our firm’s commitment to … Continued
Clearsight is thrilled to continue its record of growth and achievement, established through hard work, exceptional client service, seamless collaboration, and extraordinary integrity. As we head into 2025, our team members remain Clearsight’s key strength. Therefore, we would like to congratulate these outstanding individuals on their well-deserved promotions: Brendan Curran has been promoted to Managing … Continued
Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce a successful transaction in its Professional Services practice. Clearsight served as the exclusive advisor to Lumenci, Inc. (“Lumenci” or the “Company”) in its investment by Veronis Suhler Stevenson, LLC (“VSS”) and Century Equity Partners, LLC (“CEP”). Lumenci is a leading full-service intellectual property (IP) consulting firm providing … Continued
Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another successful transaction in its Strategic Consulting practice. Clearsight served as the exclusive advisor to AXIA Consulting (“AXIA” or the “Company”) in its acquisition by Huron Consulting Group Inc. (“Huron”) (NASDAQ: HURN). AXIA is a consultancy delivering business and technology solutions to premier clients. With a focus … Continued
Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce a successful transaction at the intersection of its Strategic Communications and Healthcare and Life Sciences practices. Clearsight served as the exclusive advisor to Reservoir Communications Group, LLC (“Reservoir” or the “Company”) in its investment by Periscope Equity (“Periscope”), a Chicago-based private equity firm that partners with founder-owned, … Continued
Clearsight Advisors, Inc. (“Clearsight”) is proud to announce another successful transaction by its leading Professional Services practice. Clearsight served as the exclusive advisor to Stapleton Group, LLC (“Stapleton” or the “Company”) in its acquisition by J.S. Held, LLC (“J.S. Held”), a portfolio company of Kelso and Co., L.P. (“Kelso”). Stapleton Group, now a part of … Continued
A. Yes B. No C. It depends As an advisor in the Government Services sector, we are inevitably asked by our clients whether elections impact the market. The answer is not binary. There are macro, industry-, and company-specific factors that influence investment decisions for both public investors as well as buyers and sellers in … Continued
The consulting M&A market has completely transformed over the past five years, with dramatically increased demand driven largely by private equity. When we founded Clearsight in 2011, only a handful of private equity firms considered investing in a professional services business. Today, there are hundreds of private equity firms looking to invest in the sector, … Continued
“All the world’s a stage, and all the men and women merely players.” –Shakespeare, As You Like It The word “platform” originates from the Old French term “plateforme,” meaning “flat form” or “flat shape.” Its first usage in English referenced a raised, flat surface or stage. As a metaphorical usage emerged, it encompassed … Continued
Apax announced on August 5, 2024 its acquisition of Thoughtworks (NASDAQ: TWKS), a global digital consultancy offering software development and digital transformation services. Apax acquired a majority stake in Thoughtworks in 2017 before partially exiting via IPO in 2021. Thoughtworks is expected to complement Apax’s experience investing in the digital technology space. “Current market dynamics … Continued
Clearsight Advisors, Inc. (“Clearsight”) is excited to share a successful transaction in its Professional Services practice. Clearsight served as the exclusive advisor to Province, LLC (“Province” or the “Company”) on a strategic capital investment from Trivest Partners LP (“Trivest”). Province is a nationally recognized, independent advisory firm offering a comprehensive suite of multi-disciplinary services designed … Continued
Clearsight Advisors, Inc. (“Clearsight”) is pleased to share another successful transaction in its market-leading Professional Services practice. Clearsight served as the exclusive financial advisor to Strategic Resource Management, Inc. (“SRM”) on its acquisition of Kenneth J. Sole & Associates, Inc. (“KJS” or the “Company”). SRM is a Memphis, TN-based independent advisory firm serving financial institutions … Continued
Clearsight Advisors is delighted to congratulate Emily White as a recipient of The M&A Advisor’s 15th Annual Emerging Leaders Award. Emily White is a Vice President at Clearsight and part of the firm’s leading Digital, Data & Cloud Practice. Emily’s nearly eight-year tenure at Clearsight has paralleled the firm’s rapid ascent up-market in Knowledge Economy M&A. … Continued
The Clearsight team recently attended the sold-out Quirk’s London conference, which featured insights from corporate and brand researchers, along with their vendor partners. These market research companies and their solutions providers operate in a $130+ billion global industry. Amidst the overall positive atmosphere, both corporates and brands noted green shoots emerging and increasing opportunities to … Continued
At Clearsight, we sought to discover the broader effects of our team’s work. As such, we explored one of our core values, Impact, to try to assess the “greater good.” We learned many of our former clients have put their post-transaction resources and time toward community and philanthropic engagements. We are proud to have played … Continued
BPEA Private Equity Fund VIII, part of Swedish private equity firm EQT, announced on May 5, 2024 its acquisition of Perficient (NASDAQ: PRFT), a digital consultancy providing digital strategy, business optimization, and IT solutions. EQT’s acquisition, expected to close by the end of the year, will bring Perficient private for the first time since its … Continued
Intelligent automation (IA) is rapidly changing the efficiency of every function within an organization, from supply chain, compliance, and customer service to accounting, HR, IT, and tax. As the IA market is expected to grow at a ~40% CAGR over the next 10 years, Clearsight continues to see surging interest from both strategics and private … Continued
Clearsight Advisors’ annual Knowledge Economy Summit once again gathered over 200 C-Suite level decision-makers, private equity (PE) leaders, and strategic partners in Dallas, Texas for a day of networking and knowledge sharing. The event kicked off with a panel discussion moderated by Walt Breakell, Executive Vice President at Marwood Group, and was composed of distinguished … Continued
At Clearsight, we sought to discover the broader effects of our team’s work. As such, we explored one of our core values, Impact, to try to assess the “greater good.” We learned many of our former clients have put their post-transaction resources and time toward community and philanthropic engagements. We are proud to have played … Continued
Clearsight Advisors, Inc. (“Clearsight Advisors”) is pleased to announce another marquee transaction in its Strategic Business Consulting practice. Clearsight served as the exclusive advisor to Reference Point, LLC (“Reference Point” or the “Company”) in its acquisition by Resources Connection, Inc. dba Resources Global Professionals (RGP) (NASDAQ: RGP). Reference Point is a strategy, management, and technology … Continued
Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce a successful transaction in its market-leading Digital, Data & Cloud practice. Clearsight served as the exclusive advisor to number8, LLC (“number8” or the “Company”) in its acquisition by Software Mind S.A. (“Software Mind”), backed by Enterprise Investors Sp. z o.o. and Ailleron SA. Headquartered in Louisville, KY … Continued
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 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 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. … Continued
ACG’s Middle Market Growth Magazine spoke with Matt Brom to glean insights about the future of artificial intelligence (AI) in the aerospace and defense industry. Matt leads Clearsight’s Government Services, Defense & Public Sector Technology Practice. Read the article here. Contact Matt Matt Brom Managing Director, Clearsight Advisors Washington, D.C.
As we approach the end of the year, we often engage in retrospection: considering actions we should or should not have taken, words left unsaid or those that spilled out, new fond memories or ones we’d rather forget. In the same sense, with the bulk of the year in the rearview and the dawn of … Continued
Clearsight Advisors, Inc. (“Clearsight”) is pleased to share another successful transaction in its Strategic Business Consulting practice. Clearsight served as the exclusive advisor to Insigniam, LLC (“Insigniam” or the “Company”) in its acquisition by Elixirr Consulting, Ltd. dba Elixirr Partners, LLP (“Elixirr”) (LON: ELIX). Insigniam is a leading global consulting firm working with clients to … Continued
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 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 Advisors, Inc. (“Clearsight”) is proud to announce a successful transaction in its Strategic Business Consulting and Human Capital Management practices. Clearsight served as the exclusive advisor to PeopleResults, LLC (“PeopleResults” or the “Company”) in its acquisition by IRI Consultants, LLC (“IRI”), a portfolio company of Clearview Capital, L.P. (“Clearview Capital”). PeopleResults offers innovative solutions … Continued
Clearsight Advisors, Inc. served as the exclusive financial advisor to New MainStream Capital, LLC (“NMS Capital”) and Health & Wellness Partners, LLC (“HWP”) in its acquisition of Hybrid Healthcare Communications, LLC, a leading medical communications solutions firm. The Clearsight deal team included Greg Treger, Tory Steel, Jonathan Holland, and Emily Battle.
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, Inc. (“Clearsight”) is pleased to announce a successful transaction in its Healthcare Consulting and Human Capital Management practices. Clearsight served as the exclusive advisor to Medical Record Associates, LLC (“MRA” or the “Company”) in its acquisition by GeBBS Healthcare Solutions, Inc. (“GeBBS”), a portfolio company of ChrysCapital Advisors, LLP (“ChrysCapital”). MRA is a … Continued
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 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
Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another successful transaction in its Healthcare & Life Sciences Consulting practice. Clearsight served as the exclusive advisor to Kx Advisors, LLC (“Kx” or the “Company”) in its acquisition by BGB Group, LLC (“BGB”), a portfolio company of Tarrant Capital IP, LLC dba TPG (“TPG”). Kx Advisors is … Continued
Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another successful transaction in its Outsourced Finance and Accounting practice. Clearsight served as the exclusive advisor to Cordia Partners and Cordia Resources (Cordia) (“Cordia” or the “Company”) in its acquisition by Cherry Bekaert, LLP (“Cherry Bekaert”), a portfolio company of Parthenon Capital. Headquartered in Tysons, VA, Cordia … Continued
Clearsight Advisors, Inc. (“Clearsight”) is pleased to share another successful transaction in its Public Sector Technology practice. Clearsight served as the exclusive advisor to OnCore Consulting, LLC (“OnCore” or the “Company”) on its merger with GCOM Software, LLC (“GCOM”), a portfolio company of Sagewind Capital, LLC (“Sagewind”). OnCore is a rapidly growing provider of technology … Continued
Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another transaction in its leading Public Sector Technology practice. Clearsight served as the exclusive advisor to Civix, Inc. (“Civix”), a portfolio company of Hammond, Kennedy, Whitney and Co., Inc. (“HKW”), on the divestiture of its Critical Infrastructure Division (“Civix CI” or the “Company”) to Modaxo, Inc. (“Modaxo”), … Continued
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
Strategic acquirers and private equity firms alike are finding ways to add value through M&A despite an uneasy macroeconomic environment. Clearsight’s Justin Loeb discusses current market activity with ACG‘s Middle Market Executive magazine. Read the full feature, part of the Summer 2023 edition. Justin Loeb Director, Clearsight Advisors Washington, DC jloeb@clearsightadvisors.com … Continued
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 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 Advisors is thrilled to congratulate Tory Steel as a recipient of The M&A Advisor’s 14th Annual Emerging Leaders Award. Tory Steel is a Director at Clearsight and co-leads the firm’s Healthcare and Life Sciences Practice. Since joining Clearsight nearly a decade ago, Tory has helped propel Clearsight to its position as a leading … Continued
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
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
Clearsight Advisors hosted its annual Knowledge Economy Summit last month, gathering hundreds of entrepreneurs, investors, and strategic partners in Dallas for a day of networking and insights. The event featured private, one-on-one meetings between attendees and a panel discussion about key dynamics for the Knowledge Economy workforce in 2023 and beyond. Kate Duchene, CEO … Continued
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 Advisors, Inc. (“Clearsight”) is pleased to share another successful transaction in its Healthcare and Life Sciences Practice. Clearsight served as exclusive financial advisor to Bionest Partners, Inc. (“Bionest” or the “Company”) in its acquisition by Accenture (NYSE: ACN). Bionest is an industry-leading life sciences consulting firm focused on commercialization, go-to-market strategy, and launch execution … Continued
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 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
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 served as the exclusive financial advisor to Interlock Equity in its recapitalization of Investor Group Services (IGS), a Boston-based consulting firm serving the private equity industry. The Clearsight deal team included Greg Treger, Brendan Curran, Jake Lipman, and Austin Stengle.
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 Advisors, Inc. (“Clearsight”) is pleased to announce another successful transaction in its industry-leading Digital Transformation and Consulting practices. Clearsight served as financial advisor to AustinCSI, LLC (“AustinCSI” or the “Company”) in its acquisition by Cognizant (NASDAQ: CTSH). AustinCSI is a premier digital transformation consultancy specializing in enterprise cloud and data analytics advisory services. Founded … Continued
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 Advisors, Inc. (“Clearsight”) is pleased to announce the completion of another high-growth, industry-leading outsourced services transaction. Clearsight served as the exclusive financial advisor to Avesi Partners (“Avesi”) on its investment in memoryBlue, LLC (“memoryBlue” or the “Company”). Based in Stamford, CT with an office in Richmond, VA, Avesi is a private equity firm that … Continued
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 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
Several hundred executives and investors participated in Clearsight’s annual Digital Innovation Summit last month, offering insights and connections to carry us through the rest of 2022. Philo Tran, Managing Director and Head of the Digital Transformation practice at Clearsight, moderated a virtual fireside chat with Shashank Samant, CEO of GlobalLogic, and Bruno Guicardi, Co-Founder & … Continued
Business leaders are familiar with a fair number of acronyms: EBITDA, CAGR, BCM, CSR, GRC. Yet, one acronym is becoming increasingly important in the alphabet soup of a decision maker’s day-to-day: ESG. At its core, Environmental, Social and Governance is an evolving framework for stakeholders to assess, implement, measure and report how a company operates … Continued
ACG’s Middle Market Growth Magazine caught up with Clearsight’s Justin Loeb to expand upon The Wild West of Knowledge Economy M&A, found in the Fall 2021 issue of ACG’s Middle Market Dealmaker. View Justin’s video discussion of key Knowledge Economy subsectors here .
Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce a strategic growth capital investment in Thunder, Inc. (“Thunder” or the “Company”), with participation from Salesforce Ventures and Winning Streak Ventures. This is a landmark transaction for Clearsight’s Merchant Banking practice and substantiates Clearsight’s knowledge, interest and excitement for the Salesforce consulting sector. Thunder is a leading … Continued
Clearsight Advisors (“Clearsight”) is pleased to announce another successful buyside transaction in its Risk & Regulatory and Financial Services practices. Clearsight served as the exclusive advisor to Bow River Capital (“Bow River”), in partnership with their portfolio company Ocean Tomo, in their acquisition of Veris Consulting (“Veris” or “The Company). Veris is a leading forensic … Continued
Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another successful transaction in its Technology Enabled Services and Employee Engagement practices. Clearsight served as financial advisor to Pluma, Inc. (“Pluma” or “The Company”) in its acquisition by Skillsoft (NYSE: SKIL). Founded in 2015, Pluma’s customizable digital platform offers executive-quality coaching that is personal, scalable, actionable and … Continued
Year after year, we see the appetite for professional services firms grow as the consulting industry adapts to provide novel ways to serve their enterprise clients. Most recently, the economic consulting market is garnering attention within the broader, high-intellect consulting sector. We are not surprised by this renewed interest and heightened M&A activity, as there … Continued
Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another successful transaction in its Life Sciences Consulting and Compliance Practices. Clearsight served as exclusive advisor to Process Stream (or “The Company”) in the acquisition of its assets by Sikich, LLP (“Sikich”). This transaction emphasizes Clearsight’s role as a preeminent advisor to the consulting and compliance sectors. … Continued
April 15, 2021. The Dedham Group, LLC (“Dedham”) was acquired by Managed Markets Insight & Technology, LLC (“MMIT”), a portfolio company of Welsh, Carson, Anderson & Stowe (WCAS). Robert Hung, Partner and Co-Founder of Dedham, commended the deal, “We originally selected Clearsight based on their track record of success and history in working with premier … Continued
New, sophisticated cybersecurity tools are invaluable in securing our digital world, but they increase, rather than obviate, the need for well-trained cybersecurity experts. Ten years ago, Marc Andreessen famously noted in the Wall Street Journal that, “software is eating the world.” The gist of this argument will be familiar to most and has been borne … Continued
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, Inc. (“Clearsight” ) is pleased to announce another successful transaction at the convergence of high-end services and technology. Clearsight served as exclusive advisor to 9Gauge Partners, LLC (“9Gauge” or “The Company”) in its acquisition by Element78 Advisors, LLC (“E78 Partners”). This deal underscores Clearsight’s position as a market-leading advisor to innovative, high-end professional … Continued
Clearsight Advisors, Inc. (“Clearsight” ) is pleased to announce the successful completion of the sale of Goldin Associates, LLC (“Goldin” or “The Company”), a leading financial advisory firm focused on distressed situations, financial restructuring, valuation analyses and fiduciary roles. Clearsight served as the exclusive strategic financial advisor to Goldin in its acquisition by Teneo, a … Continued
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
During times of crisis, ingenuity can make the difference between weathering the storm and succumbing to the storm. This is especially true of the high-end professional services industry that relies heavily on face-to-face contact to conduct projects, audits, oversight, and assessments, among other functions. While some regulation has been levied to assist professional services during … Continued
The consulting M&A market was highly active in 2019, with diverse buyers pursuing rapidly growing firms with domain expertise in hot horizontals and verticals in order to achieve “end-to-end” business solutions. We expect an active consulting M&A market to continue in 2020. For consultancies evaluating a potential sale transaction, here are a few steps you … Continued
Accenture Security’s move to acquire Symantec’s MSSP Business from Broadcom later this year could be the first ripple in the coming wave of consolidation for the MSSP and security services industry. The deal is set to close in March of 2020 and comes shortly after Broadcom’s acquisition of Symantec’s Enterprise System in August of 2019. … Continued
Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another successful transaction in its IT Services practice. Clearsight served as advisor to West Monroe Partners on the sale of its Managed Services division to M/C Partners. This transaction further emphasizes Clearsight’s position as the industry leader in advising high-end digital and professional services firms. With nine … Continued
The M&A Advisor has selected Clearsight Advisors as the recipient of its 2018 Professional Services (B2B) Deal of the Year in its $50MM – $100MM category. Clearsight received the prestigious recognition for its exclusive work advising INSIGHT2PROFIT in their recapitalization by DFW Capital Partners. DFW is a private equity investment firm with over $600MM of … Continued
Clearsight Advisors (“Clearsight”) is pleased to announce another successful transaction in its market-leading Professional Services Practice. Clearsight served as the exclusive strategic and financial advisor to IBB Consulting (“IBB”) in its acquisition by Accenture (NYSE: ACN). This transaction reinforces Clearsight’s preeminent position as the investment banking leader in advising high-end strategy and digital consulting firms. … Continued
Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another successful transaction in its market-leading Professional Services Practice. Clearsight served as the exclusive strategic and financial advisor to First Annapolis Consulting, Inc. (“First Annapolis”) in its acquisition by Accenture (NYSE: ACN). This transaction further emphasizes Clearsight’s position as the leader in advising high-end consulting firms.
Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another successful transaction in its market-leading Professional Services Practice. Clearsight served as the exclusive strategic and financial advisor to Innosight Holdings LLC (“Innosight”) in its announced acquisition by global professional services firm Huron (NASDAQ: HURN). This transaction further emphasizes Clearsight’s position as the leader in advising high-end … Continued
With 2016 in very recent memory, the world is still quaking from the effects of countless events: Brexit, the US election, and rising concerns about global international relations, to name a few. Where there is uncertainty, providers of research, data, and insights typically thrive. Gartner’s acquisition comes at a time when enterprises need help navigating … Continued
Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce the acquisition of Pivot Point Consulting, LLC (“Pivot Point”) by Vaco Healthcare, LLC (“Vaco”), a portfolio company of QUAD-C Management, Inc. Clearsight served as the exclusive strategic and financial advisor to Pivot Point Consulting. The transaction underscores Clearsight’s unrivaled position as the advisor of choice for leading … Continued
It was announced last week that Accenture (NYSE: ACN) will acquire DayNine Consulting, one of the leading global Workday (NYSE: WDAY) services boutique partners. The deal not only represents another move by Accenture to become one of the top enterprise cloud services providers in the world, but it also marks a final step towards complete … Continued
For the last several quarters, we have been talking about the increase in PE activity in the consulting sector. As evidence of this continuing trend, there has been a recent flurry of deals including: Madison Dearborn-backed Ankura Consulting Group’s acquisition of MGBD (Turnaround Consulting) Primary Capital Partners-backed MARU Group’s acquisition of Vision Critical Research and … Continued
Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce the completion of another highly successful transaction in the education technology and professional services industry. Clearsight served as the exclusive strategic and financial advisor to Revature on its highly successful growth capital investment led by University Ventures, an investment firm focused exclusively on the global higher education … Continued
A couple years ago, public staffing companies were trading at a 50% discount compared to consulting firms based on median LTM revenue multiple, and a 16% premium based on median LTM EBITDA multiple. However, our recent analysis shows that staffing companies have run ahead of consulting businesses.
Just prior to Christmas, Booz & Co. announced that its partners had approved the sale to PwC which was announced two months earlier. The deal will likely officially close in the first quarter of 2014 but it puts an exclamation point on a strong year for M&A in the Consulting sector. We have seen unprecedented … Continued
