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

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 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

AI’s Potential Impact on Software Engineering

The rise of OpenAI’s ChatGPT has captured the world’s attention and drawn tremendous interest to the rapidly progressing world of artificial intelligence (AI). Natural language processing models (NLPs) have advanced so much in recent years that generative AI tools can now pass the bar and US medical licensing exams. Public companies have taken note of these … Continued

Clearsight Advises USEReady on an Investment by Abry Partners

Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another landmark transaction in its Cloud, Data & Analytics practice. Clearsight served as the exclusive financial advisor to USEReady Inc. (“USEReady” or the “Company”) on a growth capital investment by Abry Partners (“Abry”). USEReady is a pioneering data and analytics firm specializing in Visual Analytics, Cloud Data, … 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

The Acceleration of Digital Experience

As the world continues to adapt to life during COVID-19, businesses are utilizing digital platforms to develop and enhance customer relationships, ensure satisfactory user experiences and maintain relevance within ever-changing markets. With increasing dependence on digital touch points, corporations with an established but evolving digital strategy continue to grow amidst the global pandemic, while laggers … 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 NovoScale on its Merger with Evergreen Systems and Cerna Solutions

Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce the completion of another successful transaction in its IT & Cloud Services practice.  Clearsight served as advisor to NovoScale (“NovoScale” or “The Company”) on its merger with  Evergreen Systems, Inc. (“Evergreen”) and Cerna Solutions, LLC (“Cerna”), backed by Sunstone Partners (“Sunstone”). This deal further underscores Clearsight’s position … Continued

Clearsight Advises Covestic in its Acquisition by Milestone Technologies

Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another successful transaction in its IT Services practice.  Clearsight served as the exclusive advisor to Covestic, Inc. (“Covestic” or “The Company”) in its acquisition by Milestone Technologies, Inc. (“Milestone”), a portfolio company of H.I.G. Capital, LLC. This deal highlights Clearsight’s position as a top advisor to Cloud … Continued

Clearsight Advises Grupo ASSA Worldwide (gA) in its Acquisition by Globant

Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another highly successful transaction in its Digital Transformation practice.  Clearsight served as financial advisor to Grupo ASSA Worldwide (“gA”) in its acquisition by Globant S.A. (NYSE: GLOB) (“Globant”).  This deal marks Clearsight’s second LatAm transaction since June and the fifth overall transaction since April. Grupo ASSA Worldwide … 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

CCPA: A New Era of Data Privacy

As of January 1st, 2020, the California Consumers Privacy Act (CCPA) will effectively be the first major data privacy regulation for U.S. businesses. For those businesses that have yet to face new consumer data privacy regulation, CCPA can seem daunting. CCPA aims to give California consumers greater transparency into how their data is being collected … Continued

Digital Innovation: Redefining Digital Transformation

For many, digital transformation falls into the category of “terms often used but challenging to define.” It conjures up images of artificial intelligence, the cloud, and automation across the professional spectrum. Although these are manifestations of the larger wave of digital transformation, their implementation has fallen short for many businesses that believed they were the … 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 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

Market Spotlight – Microsoft Acquires AltspaceVR

On October 3, 2017, Microsoft Corporation (NASDAQGS:MSFT) (“Microsoft”), one of the world’s largest technology companies, acquired AltspaceVR, Inc. (“AltspaceVR”), a software startup that operates a virtual reality social network, for an undisclosed sum. AltspaceVR previously announced that it was shutting down operations on July 28th, 2017 after its third round of fundraising fell through before … Continued

Jacobs’ Acquisition of Van Dyke Makes Washington Technology’s List of Top Deals in 2016

Washington Technology’s 2016 M&A Roll-Up highlights pivotal acquisitions in the region and a Clearsight deal has been listed in the Top 10.  Cybersecurity leader Van Dyke Technology’s acquisition by Jacobs was a concrete move to secure and protect the continuously increasing interconnectedness of our infrastructure.  This deal signaled the IoT M&A trend to protect and secure our … Continued

The Consulting M&A Market: Back on Top in 2016

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

Despite Early Innings For AI, M&A Activity Soars

While the mass media overuses the term Artificial Intelligence (AI), most experts agree that successful AI will include more than one dominant technology, instead being an evolution of interwoven technological building blocks patterned after Big Data’s technology stack evolution.

Clearsight Advises Datasource Consulting, a Leader in Enterprise Data Management Services, in its Acquisition by EXL

Clearsight Advisors, Inc. has completed another successful transaction in their Big Data and Analytics Practice. Clearsight served as the exclusive strategic and financial advisor to Datasource Consulting in its acquisition by EXL. EXL (NASDAQ: EXLS), a leading Operations Management and Analytics company, announced that it acquired Datasource Consulting, LLC, the Denver-based specialists in Business Intelligence … Continued

Aggressive Market Outlook For IoT M&A

The Internet of Things (“IoT”) M&A market experienced tremendous growth in the first half of 2016 and the outlook is expected to be equally aggressive. The total number of IoT connections will grow from 6 billion in 2015 to 27 billion in 2025 and companies are quickly learning to transform device and sensor data into … Continued

BLOCKCHAIN – Near Term Consulting Bonanza

It has become clear to us that 2016 will go down as the year the blockchain officially became a strategic priority for many companies to better understand. Not surprisingly, as a strategic advisor and investment bank, we are witnessing first-hand the collective interest in and desire to acquire expertise in this new technology/platform/business process. Large … Continued

Cognizant Acquires Idea Couture

On July 28, 2016, Cognizant Technology Solutions Corporation (NasdaqGS:CTSH) (“Cognizant”), a global provider of IT, consulting, and business process services, announced it had acquired Idea Couture, Inc. (“Idea Couture”), a privately-held firm offering a broad range of digital innovation, strategy, design, and technology services, for an undisclosed amount. Idea Couture will become a part of Cognizant Digital Works, … Continued

Busy First Half of 2016 for Salesforce Integrators

The Salesforce integration market has been incredibly active over the first half of 2016 following a busy 2015 where several Salesforce related consulting deals were announced (Cinovate, CloudSherpas, Cloud62, RedKite and Etherios, among others). The three transactions which have specifically piqued our interest in 2016 include: IBM’s acquisition of Bluewolf, Publicis.Sapient’s acquisition of Vertiba, and Mindtree’s acquisition … Continued