Clearsight Advisors, Inc. served as the exclusive strategic advisor to Reference Point, LLC in its pending acquisition by Resources Connection, Inc. dba Resources Global Professionals (RGP) (NASDAQ: RGP). Read more about the transaction here.
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 Advisors, Inc. (“Clearsight”) is pleased to share another successful transaction in its Strategic Business Consulting practice. Clearsight served as the exclusive advisor to Insigniam, LLC (“Insigniam” or the “Company”) in its acquisition by Elixirr Consulting, Ltd. dba Elixirr Partners, LLP (“Elixirr”) (LON: ELIX). Insigniam is a leading global consulting firm working with clients to … Continued
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 Advisors, Inc. (“Clearsight”) is proud to announce a successful transaction in its leading Professional Services practice. Clearsight served as the exclusive advisor to Phoenix Management Services® and Phoenix IB® (Phoenix) (“Phoenix” or the “Company”) in its acquisition by J.S. Held, LLC (“J.S. Held”), a portfolio company of Kelso and Co., L.P. (“Kelso”). Phoenix provides … Continued
Clearsight Advisors, Inc. (“Clearsight”) is proud to announce a successful transaction in its industry-leading Healthcare & Life Sciences practice. Clearsight served as the exclusive financial advisor to CREO, Inc. (“CREO” or the “Company”) in its recapitalization by Grant Avenue Capital, LLC (“Grant Avenue”). CREO is a leading management consultancy serving growing life sciences, healthcare, and … Continued
Strategic acquirers and private equity firms alike are finding ways to add value through M&A despite an uneasy macroeconomic environment. Clearsight’s Justin Loeb discusses current market activity with ACG‘s Middle Market Executive magazine. Read the full feature, part of the Summer 2023 edition. Justin Loeb Director, Clearsight Advisors Washington, DC jloeb@clearsightadvisors.com … Continued
Clearsight Advisors is thrilled to congratulate Tory Steel as a recipient of The M&A Advisor’s 14th Annual Emerging Leaders Award. Tory Steel is a Director at Clearsight and co-leads the firm’s Healthcare and Life Sciences Practice. Since joining Clearsight nearly a decade ago, Tory has helped propel Clearsight to its position as a leading … Continued
Clearsight Advisors, Inc. (“Clearsight”) is proud to share another successful transaction in its Healthcare & Life Sciences Practice. Clearsight served as the exclusive financial advisor to Beghou Consulting, LLC (“Beghou” or the “Company”) on a strategic investment from Varsity Management Co., LP dba Varsity Healthcare Partners (“VHP”). Beghou is an industry-leading life sciences consultancy helping … Continued
TowerBrook Capital Partners’ 2021 investment in EisnerAmper catalyzed private equity’s pursuit of accounting firms. The two industries have coexisted for decades, but this partnership established a new chapter in private equity’s playbook, creating novel entity structures in the process. Read more on market dynamics, transaction structures, and partnership considerations in our market overview. Download Now … Continued
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 Advisors, Inc. served as the exclusive financial advisor to New MainStream Capital, LLC (“NMS Capital”) on an investment in Health & Wellness Partners, LLC (“HWP”), a leading life sciences communications and consulting firm. The Clearsight deal team included Greg Treger, Tory Steel, Jonathan Holland, Ashton Mann, and Emily Battle.
The Federal Trade Commission (FTC) recently proposed a series of sweeping changes to current non-compete law that would effectively ban these agreements between employees and employers under most circumstances. If implemented in its current form, the rule would substantially change how employers and acquirers utilize restrictive covenants, with potential impacts across compensation structures, M&A dynamics, … Continued
Clearsight Advisors, Inc. (“Clearsight”) is pleased to share another successful transaction in its Healthcare and Life Sciences Practice. Clearsight served as exclusive financial advisor to Bionest Partners, Inc. (“Bionest” or the “Company”) in its acquisition by Accenture (NYSE: ACN). Bionest is an industry-leading life sciences consulting firm focused on commercialization, go-to-market strategy, and launch execution … Continued
Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another successful transaction in its Strategy Consulting Practice. Clearsight served as the exclusive financial advisor to Treacy & Company, LLC (“T&Co” or the “Company”) in its acquisition by Cherry Bekaert, LLP (“Cherry Bekaert”), a portfolio company of Parthenon Capital. T&Co is a Chicago- and Boston-based boutique management … Continued
Clearsight served as the exclusive financial advisor to Interlock Equity in its recapitalization of Investor Group Services (IGS), a Boston-based consulting firm serving the private equity industry. The Clearsight deal team included Greg Treger, Brendan Curran, Jake Lipman, and Austin Stengle.
Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce the completion of another successful Business Advisory transaction. Clearsight served as advisor to RLH Equity Partners (“RLH”) on the sale of its majority stake in CrossCountry Consulting, LLC (“CrossCountry” or the “Company”) to Investcorp Holdings B.S.C. (“Investcorp”). Public Sector Pension Investment Board (PSP Investments) also invested, and RLH … Continued
Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce the completion of another high-growth, industry-leading outsourced services transaction. Clearsight served as the exclusive financial advisor to Avesi Partners (“Avesi”) on its investment in memoryBlue, LLC (“memoryBlue” or the “Company”). Based in Stamford, CT with an office in Richmond, VA, Avesi is a private equity firm that … Continued
Over the last 24 months, many perspectives have been shared regarding the staying power of ESG. Is it a craze or PR fad? Is it sustainable (pun intended)? More recently, the counter position has taken shape, characterizing ESG as a force, foundational and even mission critical. Wherever you fall on this spectrum – ESG has … Continued
While most enterprises in 2021 were finally beginning to adjust and regain their footing after enduring a tumultuous pandemic-year, the M&A, private equity, and venture capital industries found themselves hitting the ground running – delivering a record-breaking year during a period of mass economic uncertainty. ACG National Capital’s Corporate Growth, Capital Style team caught up … Continued
Business leaders are familiar with a fair number of acronyms: EBITDA, CAGR, BCM, CSR, GRC. Yet, one acronym is becoming increasingly important in the alphabet soup of a decision maker’s day-to-day: ESG. At its core, Environmental, Social and Governance is an evolving framework for stakeholders to assess, implement, measure and report how a company operates … Continued
Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another successful transaction in its leading Digital Transformation practice. Clearsight served as the exclusive strategic advisor to Devbridge (or the “Company”) in its acquisition by Cognizant Softvision, a subsidiary of Cognizant (NASDAQ: CTSH). The deal marks Clearsight’s ninth digital transformation transaction in the last 12 months. Devbridge … Continued
Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another successful transaction in its Strategic Consulting, Data & Analytics and Business Advisory practice. Clearsight served as the exclusive advisor to Stax Inc. (“Stax” or the “Company”) in its recapitalization by Blue Point Capital Partners (“Blue Point”). This marks Clearsight’s 11th strategy consulting transaction in the last … Continued
Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another successful transaction in its leading Digital Transformation and Data Analytics practices. Clearsight served as the exclusive strategic advisor to RCG Global Services, Inc. (“RCG” or the “Company”), a portfolio company of Eos Partners L.P. (“Eos”), in its recapitalization by Frontenac Co. (“Frontenac”). Headquartered in Iselin, NJ, … Continued
Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another successful transaction in its Life Sciences Consulting and Compliance Practices. Clearsight served as exclusive advisor to Process Stream (or “The Company”) in the acquisition of its assets by Sikich, LLP (“Sikich”). This transaction emphasizes Clearsight’s role as a preeminent advisor to the consulting and compliance sectors. … Continued
Clearsight Advisors, Inc. served as exclusive advisor to Core Compete, LLC in its acquisition by Accenture (NYSE: ACN). Read more about the transaction here.
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 Advisors, Inc. (“Clearsight” ) is pleased to announce another successful transaction at the convergence of high-end services and technology. Clearsight served as exclusive advisor to 9Gauge Partners, LLC (“9Gauge” or “The Company”) in its acquisition by Element78 Advisors, LLC (“E78 Partners”). This deal underscores Clearsight’s position as a market-leading advisor to innovative, high-end professional … Continued
Clearsight Advisors, Inc. is pleased to announce that it served as exclusive financial advisor to Deloitte & Touche LLP on the sale of its life sciences pricing and contracting solutions business (PaCS) and underlying technology to Model N, Inc. (NYSE: MODN), which closed on December 31, 2020. The transaction broadens Model N’s portfolio to better serve … Continued
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 Advisors, Inc. (“Clearsight” ) is pleased to announce the successful completion of the sale of Goldin Associates, LLC (“Goldin” or “The Company”), a leading financial advisory firm focused on distressed situations, financial restructuring, valuation analyses and fiduciary roles. Clearsight served as the exclusive strategic financial advisor to Goldin in its acquisition by Teneo, a … Continued
DataRobot – best known for its suite of leading AI software platforms specifically aimed at democratizing AI for the enterprise environment – announced a partnership last week with Boston Consulting Group (“BCG”). DataRobot acquired IP, SOURCE AI, from the BCG GAMMA team. BCG created SOURCE AI to allow analytics teams to quickly aggregate data from … Continued
COVID-19 has caused a massive disruption of not only daily life, but the marketplace. Businesses must adapt to a cash crunch with an uncertain timeline for resolution and resumption of business as usual. In the current, unpredictable market, many professional services business are looking to increase liquidity and are in need of a strategic advisor … Continued
The consulting M&A market was highly active in 2019, with diverse buyers pursuing rapidly growing firms with domain expertise in hot horizontals and verticals in order to achieve “end-to-end” business solutions. We expect an active consulting M&A market to continue in 2020. For consultancies evaluating a potential sale transaction, here are a few steps you … Continued
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
On April 3rd, 2019, Accenture plc (NYSE:ACN), a global provider of consulting, technology, and outsourcing services, acquired Droga5, a global branding and marketing agency, for an undisclosed amount. Droga5 will be integrated with Accenture Interactive, boosting its capabilities as an experience agency able to ideate, design, build, and run customer experiences that grow purpose-led brands … Continued
Last month, Clearsight Advisors announced that we served as the exclusive strategic and financial advisor to Kogentix in its acquisition by Accenture. The global research and advisory firm 451 Research recently reported on that deal as an example of ballast for future M&A activity in the data science atmosphere, mentioning that “Accenture has also helped … Continued
Earlier this week, Clearsight announced its role advising Brand Integrity in its acquisition by Reward Gateway. This is an important deal because it further highlights several trends that we have been both preaching and witnessing over the last several years: first, a convergence across business models and second, convergence and consolidation across the fragmented employee … Continued
Deal Spotlight: Ankura Acquires Two Divisions From Navigant On June 25, 2018, Navigant Consulting, Inc. (“Navigant”), a provider of professional services, announced that it will sell its Disputes, Forensics and Legal Technology (“DFLT”) segment and Transaction Advisory Services (“TAS”) practice to Ankura Consulting Group, LLC (“Ankura”), a leading business advisory and professional services firm. The … Continued
On November 2, 2017, Navigant Consulting, Inc. (NYSE:NCI) (“Navigant”), an independent, global professional services firm, announced that it has acquired substantially all of the assets of Quorum Consulting, Inc. (“Quorum”), a consulting firm focused on life sciences market access, for an undisclosed amount in order to augment its capabilities and methodologies for the life sciences … Continued
Clearsight Advisors, Inc. (“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 First Annapolis Consulting, Inc. (“First Annapolis”) in its acquisition by Accenture (NYSE: ACN). This transaction further emphasizes Clearsight’s position as the leader in advising high-end consulting firms.
Clearsight Advisors, Inc. (“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 Innosight Holdings LLC (“Innosight”) in its announced acquisition by global professional services firm Huron (NASDAQ: HURN). This transaction further emphasizes Clearsight’s position as the leader in advising high-end … Continued
As we described in a recent article, the consulting M&A market was highly active in 2016, with diverse buyers pursuing rapidly growing firms with domain expertise in “hot” horizontals and verticals such as Cloud Services, Healthcare, and Digital Transformation. We expect an active consulting M&A market to continue in 2017. For consultancies evaluating a potential … Continued
With 2016 in very recent memory, the world is still quaking from the effects of countless events: Brexit, the US election, and rising concerns about global international relations, to name a few. Where there is uncertainty, providers of research, data, and insights typically thrive. Gartner’s acquisition comes at a time when enterprises need help navigating … Continued
Although 2016 started with what initially appeared to be muted M&A activity, we will likely look back on 2016 as a key inflection point for the broad consulting industry. Through an equal combination of both strong volume and values, the consulting M&A market reached new heights and set a high bar for 2017. With 2016 … Continued
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 … Continued
CGI jumps back into the M&A market with its first US acquisition of a consulting organization in more than 5 years View the Deal Profile Here
It was announced last week that Accenture (NYSE: ACN) will acquire DayNine Consulting, one of the leading global Workday (NYSE: WDAY) services boutique partners. The deal not only represents another move by Accenture to become one of the top enterprise cloud services providers in the world, but it also marks a final step towards complete … Continued
Clearsight Advisors is pleased to announce that four of the firm’s transactions have been named as finalists for the 15th Annual M&A Advisor Awards. Clearsight is a finalist in the following categories: Information Technology Deal Of The Year Healthcare And Life Sciences Deal Of The Year (Over $100mm) Corporate And Strategic Acquisition Deal Of The … Continued
For the last several quarters, we have been talking about the increase in PE activity in the consulting sector. As evidence of this continuing trend, there has been a recent flurry of deals including: Madison Dearborn-backed Ankura Consulting Group’s acquisition of MGBD (Turnaround Consulting) Primary Capital Partners-backed MARU Group’s acquisition of Vision Critical Research and … Continued
Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce the completion of another highly successful transaction in the business consulting and professional services industry. Clearsight served as the exclusive strategic and financial advisor to ARRYVE LLC in its acquisition by Grant Thornton, LLP. This transaction deepens Clearsight’s position as the leader in advising high-end consulting firms.
Earlier this month Ankura Consulting Group, a business advisory and expert services firm, announced that it had received an investment commitment of $100M from Madison Dearborn Partners, a Chicago-based private equity firm. Ankura is a recent entrant into the consulting arena founded by former executives from FTI Consulting and is largely focused on providing clients … Continued
Earlier this month, The Carlyle Group announced its acquisition of a 51% controlling interest in PA Consulting Group, a global management and technology consulting firm headquartered in London. The deal was funded through Carlyle Europe Partners IV, which raised a new multi-billion dollar fund earlier this year invest to mid-sized European companies. The deal, which will … Continued
Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce the completion of another highly successful strategic transaction in the consulting and customer experience industry. Clearsight served as the exclusive strategic and financial advisor to LRA Worldwide (“LRA”) on its acquisition by Deloitte & Touche LLP (“Deloitte”). The transaction underscores Clearsight’s unrivaled position as the advisor of … Continued
Over the past several years, much of the media attention on M&A in the Consulting industry has revolved around the Big Four – and for good reason. The Big Four combined have completed more than 50 transactions over the past couple of years highlighted by PwC’s acquisition of Booz & Co and EY’s acquisition of … Continued
Following up what was a breakout year for Healthcare Consulting M&A in 2014, 2015 starts out with a bang. Huron Consulting stepped way out of its traditional comfort zone to spend nearly ¼ of its market capitalization to announce it is acquiring JMI backed Studer Group. Studer is a provider-side focused consulting and training firm … Continued
McLean, VA, September 25, 2014 – The M&A Advisor is pleased to announce finalists of the 13th Annual M&A Advisor Awards. The following Clearsight transactions have been named as finalists in the these categories:
Earlier this month, Navigant announced that it had acquired Cymetrix, a private equity-backed revenue cycle management firm specializing in providing outsourcing services to hospital and healthcare networks. The acquisition, which is the largest deal Navigant has done in the past decade, allows Navigant to further expand its business platform beyond consulting services to incorporate more … Continued
KPMG announced last week that they are acquiring automotive-focused turnaround and restructuring firm BBK, headquartered in Detroit. While otherwise relatively unremarkable amidst the most active consolidation market for management consulting firms, it reinforces a couple of key tenets we have been discussing with our Consulting clients:
A couple years ago, public staffing companies were trading at a 50% discount compared to consulting firms based on median LTM revenue multiple, and a 16% premium based on median LTM EBITDA multiple. However, our recent analysis shows that staffing companies have run ahead of consulting businesses.
Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce the completion of another highly successful transaction in their Professional Services Practice. Clearsight served as the exclusive strategic and financial advisor to Simpler Consulting® in its acquisition by Truven Health Analytics, a portfolio company of Veritas Capital.
Fujitsu America yesterday announced that it has expanded its relationship with SAP so that it is in a better position to sell solutions to its clients. Specifically, the press release referenced, “Fujitsu America now provides solutions that encompass all facets required for successful implementation, including software licensing, services, training and documentation, staffing, and optimization and … Continued
Just prior to Christmas, Booz & Co. announced that its partners had approved the sale to PwC which was announced two months earlier. The deal will likely officially close in the first quarter of 2014 but it puts an exclamation point on a strong year for M&A in the Consulting sector. We have seen unprecedented … Continued
Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce the completion of another highly successful transaction in their Professional Services Practice. Clearsight served as the exclusive strategic and financial advisor to The Frankel Group Associates, LLC in its acquisition by Huron Consulting Group Inc.
