October 7, 2021
Clearsight Advises CMA Strategy Consulting in its Acquisition by EY-Parthenon
Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another successful transaction in its leading Strategy Consulting practice. Clearsight served as the exclusive advisor to CMA Strategy Consulting (“CMA” or the “Company”) in its acquisition by EY-Parthenon, a business of Ernst & Young LLP (“EY”). This transaction reinforces Clearsight’s position as a premier advisor to consulting firms serving the Technology, Media & Telecom (TMT) sector.
CMA is a boutique strategy consulting firm focused on the TMT sector and other high-tech industries. Founded in 2007, CMA employs ~70 consultants across their Boston headquarters, San Francisco and London offices. With a specialization in digital infrastructure, CMA serves TMT and private equity clients and focuses on wireless and wireline infrastructure, data center, communications services and enterprise IT. The Company is an all-encompassing strategic partner across the TMT lifecycle and provides institutional knowledge and domain expertise to their clients. CMA’s addition will elevate EY-Parthenon’s strategy and transaction-focused offerings and solutions across the digital infrastructure space and TMT industry. CMA will also strengthen EY-Parthenon’s ability to develop and deliver strategies that systematically create long-term value for clients.
Nick Vantzelfde, Managing Partner of CMA, commented, “We chose Clearsight as our advisor because of their superior experience and insights in our industry. The team was attentive, diligent and a pleasure to work with throughout this process. We see a bright future in CMA’s next chapter with EY-Parthenon.”
Clearsight Co-founder and Managing Director Greg Treger remarked, “It has been a delight to watch the EY-Parthenon team grow and reshape the transaction advisory industry since our time advising Parthenon on their acquisition by EY in 2014. The CMA team has built a similarly tremendous business, becoming a true leader in TMT consulting with a sterling reputation. EY-Parthenon is a great strategic partner for CMA, and we’re excited about the capabilities of the united teams.”
The Clearsight deal team included Greg Treger, Brendan Curran, Daniel Kuzjak and Parker Lapeyre.
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