IBM has acquired Meteorix, a provider of workday implementation, optimization and integration services for mid-market companies. No financial terms were disclosed. Clearsight Advisors advised Meteorix on the transaction. Meteorix was backed by Momentum Equity Partners.Continue
Gryphon has recapitalized ECG, a Seattle-based healthcare consulting firm. No financial terms were disclosed. Clearsight Advisors provided financial advice to ECG on the transaction.Continue
NeoSystems Corp. said Monday that it has secured $15 million in funding. OFS Capital led the round. Clearsight Advisors advised NeoSystems on the transaction. Also, Peter Rothschild, managing director at OFS Capital, was named to NeoSystems’ board of directors. Based in Tysons Corner, Virginia, NeoSystems is a provider of outsourced accounting, cloud-based hosting, system consulting and other back office services.Continue
Truven Health Analytics, a portfolio company of Veritas Capital, said Monday that it has acquired Simpler Consulting. No financial terms were disclosed. Clearsight Advisors advised Simpler on the deal. Simpler Consulting is a global management consulting firm.Continue
Ernst & Young has completed its acquisition of Semphonic, a digital measurement and data analytics consulting firm. The merchant bank Clearsight Advisors served as the exclusive strategic and financial advisor to Semphonic, the firm announced today. PRESS RELEASE: Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce the successful completion of a strategic transaction in the […]Continue
John Rakowski has joined Clearsight Advisors as a director. He joins Clearsight from Carl Marks Advisory Group where he focused on M&A and financial restructuring deals. Before this, Rakowski was with Houlihan Lokey’s business services practice. PRESS RELEASE Business Services and Technology investment bank, Clearsight Advisors, announced today that John Rakowski has joined as a […]Continue
Gretchen Guandolo has joined Clearsight Advisors as a partner and MD. She will focus on IT services, software, public sector technology and SaaS businesses. Most recently, she was a director at PricewaterhouseCoopers’ Public Sector Financial Services Group, where she led the firm’s Federal Transactions group.Continue
A team of ex-Houlihan Lokey bankers have started their own firm to advise growth companies in the Washington D.C. area.
The executives, all from Houlihan’s business services group, formed Clearsight Advisors in July, says Joel Kallett, who is the firm’s co-founder and MD. Kallett is joined at Clearsight by Greg Treger, also a co-founder and MD; Bhavin Patel, a vice president; and, Bethany Seidler, director of administration.
Clearsight, based in McLean, Va., will target growth companies in technology and services with $25 million to $200 million in enterprise value, says Kallett.Continue
Four former executives of Houlihan Lokey have formed Clearsight Advisors, a McLean, Va.-based merchant bank focused on business services and technology. Clearsight execs include: Joel Kallett, co-founder and MD, Greg Treger, also a co-founder and MD; Bhavin Patel, SVP; and, Bethany Seidler, who is director of administration for the new firm.Continue