Healthcare & Life Sciences Services Market Insights January 2024

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 Continues Growth with a Key Addition & Promotions

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 Year in Review

    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. Cross-border and private … Continued

Matt Brom Discusses AI Adoption in Aerospace & Defense

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. mbrom@clearsightadvisors.com

Clearsight’s Gretchen Frary Seay Named to Dallas 500

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 Advises PeopleResults in its Acquisition by IRI Consultants

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 Advises NMS Capital’s Health & Wellness Partners in its Acquisition of Hybrid Healthcare Communications

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 Advises MRA in its Acquisition by GeBBS

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 and Investec Advise Doceree on Capital Raise

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 Continues Growth with Two Key Senior Additions: Matt Brom and Stephen Shankman

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 Advises Cordia in its Acquisition by Cherry Bekaert

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’s Gretchen Frary Seay Named to Dallas 500 for Third Consecutive Year

Congratulations to Clearsight Co-Founder and Managing Director Gretchen Frary Seay on being named to D CEO’s 2023 Dallas 500. The Dallas 500 celebrates the most powerful and influential business leaders in North Texas. Gretchen was previously honored by Dallas 500 in 2021 and 2022, and won D CEO Magazine and ACG Dallas-Fort Worth’s Investment Banker … Continued

Talent, Technology, and Transformation – Insights from Clearsight’s 2023 Knowledge Economy Summit

  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

Clearsight’s 2022 Year in Review

    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

M&A v. IPO: A Fireside Chat with Industry Leaders Recap

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

Clearsight Advises Triangle Insights Group in its Acquisition by TrialCard

Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another successful transaction in its Life Sciences Consulting practice. Clearsight served as the exclusive financial advisor to Triangle Insights Group, LLC (“Triangle” or the “Company”) in its acquisition by TrialCard, Inc. (“TrialCard”), a portfolio company of Odyssey Investment Partners, LLC (“Odyssey”). This transaction reaffirms Clearsight as a … Continued

Clearsight’s 2021 Year in Review

2021 was a whirlwind year. At Clearsight, our 10th year was our biggest yet. From record deal closures and successful client outcomes to numerous professional and personal milestones, Clearsight continued to lead the M&A market and provide expert advice and unparalleled outcomes. Through all the changes of the year, and the inevitable changes to come, … Continued

Clearsight Advises W@tchTower in Acquisition by Achieve Partners

Clearsight served as the exclusive advisor to W@tchTower, a managed security service provider (MSSP) specializing in cybersecurity operations services and technology, in its acquisition by Achieve Partners. W@tchTower now operates under UltraViolet Cyber, Inc., a combination of four pioneering firms: Metmox, Mosaic451, Stage 2 Security, and W@tchTower. The entity brings together decades of experience at … Continued

Clearsight Announces a Growth Capital Investment in Thunder, Inc.

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

A Letter from Clearsight Advisors’ CEO: Clearsight’s 10th Anniversary

  We are excited to announce the 10th anniversary of Clearsight Advisors, a milestone that highlights our dedication to providing high-impact financial advisory services to our clients. As we reflect on the past decade, we think back on how Clearsight and the world have evolved. Our values: Integrity Above All, Teamwork/People Focus, Intellectual Curiosity and … Continued

Clearsight Advises H.I.G. Capital on Growth Investment in Concord and Upton Hill

Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another successful transaction in its Digital Transformation and Data Analytics practices. Clearsight served as exclusive advisor to H.I.G. Capital (“H.I.G.”) on its growth investment in Concord USA, LLC (“Concord”) and Upton Hill Inc. (“Upton Hill”). This marks another landmark buyside advisory transaction for Clearsight. H.I.G. is a … Continued

Clearsight Advises Cumberland in its Acquisition by Tegria

Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another successful transaction in its market-leading Healthcare & Life Sciences Consulting and Outsourcing Practice. Clearsight served as the exclusive strategic financial advisor to Cumberland Consulting Group, LLC (“Cumberland” or “The Company”), a portfolio company of Tailwind Capital Group, LLC, on its sale to Tegria. This transaction affirms … Continued

Deal Making in an Evolving Landscape: A Recap of Clearsight’s Digital Innovation Summit M&A Panel Discussion

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’ 2020 Year in Review

Despite one of the most tumultuous and uncertain years on record, Clearsight remained committed to providing expert advice and unparalleled outcomes to our clients across professional and technology-enabled services sectors. Our industry focus areas demonstrated resilience, delivering critical services and technology as the world pivoted to virtual work. As a firm, Clearsight expanded into new … Continued

Clearsight Advises RRD International in its Acquisition by Uniphar

Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another successful Life Sciences transaction.  Clearsight served as the exclusive strategic financial advisor to RRD International, LLC (“RRD” or “The Company”) in its acquisition by Uniphar Plc (“Uniphar”). This deal marks Clearsight’s sixth Healthcare/Life Sciences transaction since last summer. RRD is a US-based pharmaceutical advisory group providing … Continued

Clearsight Provides Fairness Opinion to Advisen in its Acquisition by Zywave

Advisen Ltd. (“Advisen”) announced on November 17th, 2020 that it has been acquired by Zywave, Inc. (“Zywave”), a portfolio company of Clearlake Capital Group, L.P. (“Clearlake”), further establishing the new platform as the leading software-as-a-service (SaaS) provider of front office insurance solutions. Zywave’s former majority owner, Aurora Capital Partners (“Aurora”), invested alongside Clearlake in the … Continued

Clearsight Advises Pace Harmon in its Acquisition by West Monroe Partners

Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce the successful completion of the sale of Pace Harmon, LLC (“Pace Harmon” or “the Company”), a leading management consulting firm focused on IT and business services transformation and outsourcing advisory. Clearsight served as the exclusive financial advisor to Pace Harmon in its acquisition by West Monroe Partners, … Continued

Clearsight Advises Cornerstone Advisors on an Investment by Altamont Capital Partners

Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another highly successful transaction in its market-leading Professional Services practice. Clearsight served as exclusive financial advisor to Cornerstone Advisors, Inc. (“Cornerstone”) on an equity investment from Altamont Capital Partners (“Altamont”). This represents Clearsight’s eighth transaction since the COVID-19 pandemic gripped the world starting in March. Cornerstone Advisors … Continued

Clearsight Advises Revenue Solutions, Inc. (RSI) in its Recapitalization by DC Capital Partners

Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another transaction in its Public Sector Technology and Compliance practices. Clearsight served as the exclusive advisor to Revenue Solutions, Inc. (“RSI” or “The Company”) in its recapitalization by DC Capital Partners. This marks another landmark software transaction for Clearsight. RSI offers revenue and compliance management software and … Continued

Clearsight Advises Productora de Software S.A.S (PSL) in its Acquisition by Perficient

Clearsight Advisors, Inc. (“Clearsight” ) is pleased to announce another highly successful transaction in its Digital Transformation practice.  Clearsight served as advisor to Productora de Software S.A.S. (“PSL”) in its acquisition by Perficient, Inc. (Nasdaq: PRFT) (“Perficient”).  This transaction is the fifth for Clearsight’s Digital Transformation practice in the last 12 months and the third … Continued

Clearsight Managing Director, Gretchen Frary Seay, Wins D CEO Magazine Investment Banker of the Year

We would like to congratulate Clearsight Managing Director Gretchen Frary Seay for her recognition as the 2020 Investment Banker of the Year from D CEO Magazine and ACG Dallas-Fort Worth.  Gretchen leads Clearsight’s Dallas office and the Firm’s Data and Analytics Practice. Gretchen is very involved in the Dallas professional services and technology communities. She … Continued

Clearsight Advises Cumberland on the Sale of its Life Sciences Division to IntegriChain

Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another successful transaction in its market-leading Healthcare & Life Sciences Consulting and Outsourcing Practice. Clearsight served as the exclusive strategic and financial advisor to Cumberland Consulting Group, LLC (“Cumberland”) on the sale of its Life Sciences Division to IntegriChain, Inc., an Accel-KKR portfolio company. This transaction further … Continued

Clearsight Advises E-Nor, Inc. on its acquisition by Dentsu Aegis Network Subsidiary, Cardinal Path

Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another successful transaction in its Digital Transformation and Data Analytics practices. Clearsight served as advisor to E-Nor, Inc. on its acquisition by Cardinal Path, a Dentsu Aegis Network subsidiary.  This transaction further emphasizes Clearsight’s position as the industry leader in advising high-end digital and professional services firms. … Continued

Clearsight Advises West Monroe Partners on the Sale of its Managed Services Division to M/C Partners

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

Clearsight Advises ECG in its Acquisition by Siemens

Siemens Healthineers AG has announced its acquisition of a majority stake in ECG Management Consultants, a healthcare advisory firm headquartered in San Diego, California. The deal is expected to close in the fourth quarter of 2019. “The advisory business of ECG is a strong addition to our portfolio and a further step in the implementation … Continued

Clearsight Supports Vitech in its Partnership with CVC Capital Partners

Vitech Systems Group, a leading provider of cloud-based financial administration solutions, announced on 6 June 2019 that the firm signed a definitive agreement with funds advised by CVC Capital Partners under which CVC Fund VII and CVC Growth Partners will make a majority investment in the New York-based technology firm. Vitech is a global firm … Continued

Clearsight Advises Column Technologies in its Recapitalization by The Acacia Group

Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another highly successful transaction in its IT Services and Digital Transformation practices. Clearsight served as advisor to Column Technologies, Inc. (“Column”) in its recapitalization by The Acacia Group. Founded in 1998 and headquartered outside of Chicago, Illinois, Column is a global technology solutions and services provider. Column’s … Continued

Clearsight Advises Gorilla Logic in its Growth Investment from Sverica Capital Management

Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another successful transaction in its market-leading Digital Transformation practice. Clearsight served as the exclusive strategic and financial advisor to Gorilla Logic, LLC (“Gorilla Logic”) in its growth investment from Sverica Capital Management. Founded in 2002, Gorilla Logic provides custom digital product development services and is based in … Continued

Clearsight Named Finalist in 17th Annual M&A Advisor Awards

Clearsight has been named a finalist in the 17th Annual M&A Advisor Awards. The M&A Advisor was founded in 1998 to publish insights and intelligence on mergers and acquisitions. Today, the M&A Advisor is the preeminent organization recognizing excellence, honoring achievement, presenting thought leadership, and facilitating connections among the world’s leading dealmaking professionals. This November, … Continued

Clearsight Advisors Continues its Expansion with the Addition of Cortney McCoy

Clearsight Advisors is pleased to announce its continued expansion with the addition of Cortney McCoy as the firm’s Vice President of Marketing. Cortney joins Clearsight from JPMorgan Chase in New York and has more than 13 years of experience in marketing and communications roles in the financial services industry. Prior to JPMorgan Chase, Cortney held … Continued

Clearsight advises Tech-Enabled Pricing and Profit Analytics and Optimization Leader, Insight2Profit, in its Growth Equity Investment by DFW Capital

Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another successful transaction in its market-leading Tech-enabled Services & Data Analytics Practices. Clearsight served as the exclusive strategic and financial advisor to INSIGHT2PROFIT in its growth equity investment by DFW Capital Partners. DFW Capital Partners (“DFW”) announced that it has closed a strategic investment in INSIGHT2PROFIT.  DFW … Continued

Clearsight Advisors Continues to Expand – Announces Office Opening in Nashville

Clearsight Advisors, Inc., an independent investment banking firm dedicated to providing world-class M&A and capital raising solutions exclusively to growth oriented Business Services and Technology companies, is pleased to announce the opening of its new Nashville, TN office.  The new office will be led by Clearsight Co-Founder, Bhavin Patel. “I am excited to lead Clearsight’s … Continued

Clearsight Advisors Participates in Dent Education’s Design Thinking Workshop

Clearsight Advisors Participates in Dent Education’s Design Thinking Workshop Learns how the methodology can make an impact in business and in the community Design Thinking, an exploding methodology and approach in the consulting and product development industries, has the potential to make the process of solving complex problems and innovating more effective and rapid. We … Continued

Clearsight Advises LunaMetrics in its Acquisition by HS2 Solutions

Clearsight Advisors is pleased to announce another successful transaction in our Digital Transformation and Data Analytics Practice.  The acquisition of LunaMetrics by HS2 Solutions, a portfolio company of Mountaingate Capital, closed on December 17, 2017, capping a record year for Clearsight. LunaMetrics, a Google Analytics Certified Partner and a Google Premier Partner, is an innovative … Continued

Clearsight Advisors’ Co-Founder, Gretchen Seay, Named One of 2018’s Most Influential Women

Clearsight Advisors’ Gretchen Frary Seay was named one of 2018’s Most Influential Women in the third edition of Mergers & Acquisitions special report celebrating 35 leading female transaction professionals. The challenges women face in achieving top-tier status in financial services are particularly acute in the middle market, where women account for approximately 14 percent of … Continued

Clearsight Advisors Continues its Expansion with the Addition of Jim McCabe

Clearsight Advisors is pleased to announce its continued expansion with the addition of Jim McCabe as a senior investment banker. Jim comes to Clearsight from Outcome Capital, and has over 15 years of experience in leadership roles at various investment banking, private equity and operating enterprises throughout his career. Jim has been involved in many … Continued

Clearsight Advises IBB Consulting in its Acquisition by Accenture

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 Advises OpenQ in its Acquisition by Anju Software

Clearsight is proud to have advised OpenQ, a provider of identification management software for the life sciences industry, in its acquisition by Anju Software, Inc., a portfolio company of Providence Equity. Financial details of the transaction were not disclosed. For further information about Clearsight’s healthcare and life sciences software expertise, please reach out to Managing … Continued