December 9, 2016
Clearsight Advises Pivot Point Consulting in its Acquisition by Vaco Healthcare
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 companies in the consulting and professional services sectors as well as its depth of domain expertise in Healthcare IT, where technology, services and data are rapidly converging.
Pivot Point Consulting is a healthcare IT consulting leader providing implementation, optimization, project management, legacy support and strategic advisory services nationwide. The company’s innovative view of the Healthcare IT industry and positive corporate culture has lead to many awards including: #1 in KLAS for Epic Consulting in the Select Category in 2016, #4 Fastest Growing Company by Consulting Magazine in 2015, Consulting Magazine’s Seven Small Jewels Award, and Crain’s 101 Best and Brightest Companies to Work For in 2014 & 2015. With employees in 30 states, the company has provided services to over 40 healthcare organizations, including large multi-hospital networks, academic institutions, pediatric hospitals and local community clinics.
Rachel Marano and David Scott, Partners & Co-Founders of Pivot Point said, “We talked to a number of potential advisors and chose Clearsight because of their market insight, deep experience in Professional Services M&A and their partnering approach. We felt like they would provide advice based on what was in our best interest not theirs. We are thrilled with the result and Clearsight exceeded our expectations at every turn. The entire Clearsight team was a pleasure to work with and we would tell anyone looking to sell a professional services business that you must talk to Clearsight.”
Commenting on the transaction, Clearsight Co-Founder and Managing Director, Greg Treger said, “From the day we met Rachel and David, we knew we wanted to work with this team. They built a leading Healthcare Consulting business by focusing on delivering value to clients and viewed themselves as much more of a partner than a vendor. We are proud to have been able to help them reach this important milestone and are confident they will enjoy continued success.”
Pivot Point Consulting, a Vaco Company will begin offering services to healthcare provider organizations as an integrated business on Jan. 2, 2017.