Clearsight Advises Reference Point in its Acquisition by RGP
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 consulting firm serving enterprise clients in the financial services sector. The Company provides end-to-end solutions in four key focus areas: Strategy & Management, Risk & Regulatory Compliance, Digital & Technology and Data & Analytics. The Company is headquartered in New York City, with additional offices in Washington, DC and Charlotte, NC. Through the acquisition of Reference Point, RGP will bolster its existing portfolio of services offered to clients in the financial services industry, representing a continued investment in the sector. Reference Point’s existing clients are also positioned to benefit from RGP’s deep expertise in project execution and agile talent services as a result of the transaction.
“We are excited to welcome the Reference Point team to RGP and expand our advisory offerings in the financial services sector,” said Kate Duchene, CEO of RGP. “This acquisition creates significant opportunity for both organizations to help provide an integrated value proposition for our collective clients. RGP will introduce Reference Point’s high value advisory solutions to our vast client base while also helping Reference Point to scale delivery teams with our on-demand talent. We expect this business combination to accelerate our growth in the financial services sector and our consulting business overall.”
“Joining forces with RGP brings significant opportunities for growth and synergy,” said Scott Goeden, Managing Partner of Reference Point. “With a shared vision for the future, our combined business has the opportunity to acquire market share faster and our team is ready to get started.”
Co-Founder and Managing Director at Clearsight Advisors, Joel Kallett, added, “Reference Point is an entrepreneurial consultancy focused on assisting large global financial services firms to grow and digitize their back office and client-facing solutions. Our team is thrilled to help bring Reference Point and RGP together to better capitalize on their individual strengths and serve the global financial services market as a combined entity.”
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