Leeds Equity Partners LLC has made an undisclosed investment in Loveland, Colorado-based change management training firm Professional Science 360 Holdings Inc. Prosci was a portfolio company of Bow River Capital Partners. Harris Williams & Co advised Prosci and Bow River on the deal.
Richmond, Virginia, December 21, 2016 – Harris Williams & Co., a preeminent middle market investment bank focused on the advisory needs of clients worldwide for 25 years, announces that Leeds Equity Partners, LLC, (Leeds) invested in Professional Science 360 Holdings, Inc. (Prosci) in partnership with the existing management team. Harris Williams & Co. served as the exclusive financial advisor to Prosci and Bow River Capital Partners (Bow River). The transaction was led by Derek Lewis and John Klim of Harris Williams & Co.’s Business Services Group and Mike Williams and Kyle Quearry of the firm’s Richmond office.
“Prosci is an industry-leading change management firm and the company’s mix of proprietary, research-driven solutions has positioned the company for significant future growth. We have truly enjoyed working with the Prosci management team and look forward to following the company’s continued success,” said Derek Lewis, a managing director at Harris Williams & Co.
Founded in 1994, Prosci is a change management firm focused on helping individuals and organizations build change management capabilities. Best practices research acts as the foundation for Prosci’s world-renowned change management training programs and tools, including the Prosci ADKAR® Model. Prosci has certified over 30,000 change leaders worldwide through the Prosci Change Management Certification Program.
Founded in 2003, Bow River is a private alternative asset management company based in Denver, Colorado, with buyout, real estate and energy fund platforms. Bow River’s buyout platform focuses on lower middle market operating companies, with an emphasis on human capital based businesses across a geographic area the principals refer to as Bow River’s Rodeo Region®, which encompasses the Rocky Mountains and surrounding states.
Founded in 1993 by Jeffrey Leeds and Robert Bernstein, Leeds’ professionals have over 100 years of combined experience investing in the knowledge sector. The company has managed five funds to date and has deployed $1.2 billion of equity capital. Leeds’ twenty-year industry focus and expertise allows the company to apply the strategic insights of an experienced industry participant during the investment process and as partners with management. The company’s investors include many leading domestic and international institutions including pension funds, banks, insurance companies, diversified financial institutions, foundations, university endowments, family offices and high net worth individuals.
Harris Williams & Co. (www.harriswilliams.com), a member of The PNC Financial Services Group, Inc. (NYSE:PNC), is a preeminent middle market investment bank focused on the advisory needs of clients worldwide. The firm has deep industry knowledge, global transaction expertise and an unwavering commitment to excellence. Harris Williams & Co. provides sell-side and acquisition advisory, restructuring advisory, board advisory, private placements and capital markets advisory services.
Harris Williams & Co.’s Business Services Group has experience across a variety of sectors, including facility services; environmental services; business process outsourcing; legal and insurance services; marketing and information services; professional services; payment processing and financial services; and education and training. For more information on the firm’s Business Services Group and other recent transactions, visit the Business Services Group’s section of the Harris Williams & Co. website.
Investment banking services are provided by Harris Williams LLC, a registered broker-dealer and member of FINRA and SIPC, and Harris Williams & Co. Ltd, which is private limited company incorporated under English law with its registered office at 5th Floor, 6 St. Andrew Street, London EC4A 3AE, UK, registered with the Registrar of Companies for England and Wales (registration number 7078852). Harris Williams & Co. Ltd is authorized and regulated by the Financial Conduct Authority. Harris Williams & Co. is a trade name under which Harris Williams LLC and Harris Williams & Co. Ltd conduct business.
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