Clarity Solution Group has received an undisclosed investment from RLH. Headquartered in Chicago, Clarity is a data analytics consulting services provider.
LOS ANGELES, June 24, 2014 /PRNewswire/ — Riordan, Lewis & Haden | Equity Partners (RLH) is pleased to announce our investment in Clarity Solution Group, a rapidly growing provider of high-value data analytics consulting services. Clarity helps its enterprise clients increase revenue and reduce cost by discovering hidden trends in the data clients already possess. The Company serves clients across a wide variety of industries including financial services, healthcare, media, and manufacturing. Clarity’s deep team of experienced and passionate experts provides solutions through all phases of the data management process, from data strategy and predictive analytics to information display and data integration. For more information about the Company, please visit www.clarity-us.com.
RLH is pleased to partner with Clarity’s management team, including CEO Mike Lamble and founders John Papadia and James Urhausen III, to recapitalize the Company and further accelerate its growth. J. Christopher Lewis, Managing Director of RLH, commented, “Clarity combines top-tier analytics talent, a technology-agnostic approach, and a flexible client engagement model. Demand for the Company’s insights is growing rapidly as businesses increasingly recognize the power of data analytics to create value at the top line and the bottom line. The Company has the outstanding proven leadership, high organic growth rate, critical mass of revenue, outstanding reputation, and exciting market opportunity that make it an excellent fit with RLH’s investment focus.”
Riordan, Lewis & Haden is a leading private equity firm which partners with entrepreneurs to help them build distinctive high-growth businesses and realize their aspirations. RLH provides experienced strategic guidance to its portfolio companies while embracing the entrepreneurial spirit of those companies’ founders. The RLH team, which averages 17 years of private equity experience, has developed proven processes to enhance organic growth and drive enterprise value. With a 30+ year history of successful investing, RLH is uniquely able to help fast growing enterprises with $25-150 million revenue in the business services, healthcare, and government services sectors achieve their goals. The firm currently manages over $600 million of assets and is actively seeking new portfolio company investments.