Clearsight Advises Verndale on an Investment by Trinity Hunt Partners
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 services. In providing end-to-end capabilities and strategic consulting services across the digital lifecycle, Verndale is a trusted partner for clients’ major digital initiatives. Since its 1998 founding in Boston, Verndale has grown to over 275 employees in three North American offices with delivery centers in Montreal and Ecuador. This onshore and nearshore delivery model supports Verndale’s clients that include Major League Baseball, Cracker Barrel, and Southeast Toyota Finance. Along with Trinity Hunt’s investment in Craft, a complimentary digital products and experiences firm, the transaction with Verndale will establish a full-service digital customer experience platform at the intersection of technology and marketing services.
Chris Pisapia, Co-Founder and CEO of Verndale, commented, “This is a significant milestone for my team. We spoke with multiple investment banks covering our space before starting the process, and it was evident Clearsight stood out with their knowledge of the market and ability to add value beyond the typical investment bank. Their team worked around the clock to run a highly competitive process and brought creative ideas to the table to position us to succeed. As a result, we achieved a great outcome and are very excited about the next chapter with Trinity Hunt. I couldn’t be happier with our partnership with Clearsight and would recommend them to anyone considering this journey.”
“Chris and the Verndale team built an exceptional digital experience and commerce agency with strong strategy, creative, and engineering capabilities. They are no doubt poised to elevate the space,” said Philo Tran, Managing Director and Co-Head of Clearsight’s Digital, Data, and Cloud practice. “It was an absolute privilege to guide Verndale through this process and I can’t wait to watch them continue to excel.”
Clearsight Director Nas Chobanov added, “It was deeply rewarding to advise Verndale on this transformative transaction. The Company’s reputation and vision stand out amongst a fragmented market ripe for consolidation. We are excited to see Verndale thrive with Trinity Hunt.”
The Clearsight deal team included Philo Tran, Nas Chobanov, Phil Loria, and Johnny Lindsey.
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