DCF advises Partners In Leadership, Inc. on its majority recapitalization with Hammond, Kennedy, Whitney, & Company, Inc.
CHARLOTTE, NC, October 8, 2015 — Deloitte Corporate Finance LLC (DCF) acted as the exclusive financial advisor to Partners In Leadership, Inc. (PIL) on its majority recapitalization with Hammond, Kennedy, Whitney, & Company, Inc. (HKW). The transaction represents DCF’s fourth closed deal in the training space in the last 12 months.
Founded in 1989 and headquartered in Temecula, California, PIL is the world’s premier provider of Accountability Training® and Culture Change services. Since inception, Partners In Leadership has leveraged its award-winning content, results-based consultative approach, and global network of experienced professionals to assist thousands of clients and millions of people in achieving dramatic organizational results.
“DCF delivered high-touch advisory services at every stage of the process. Their results-driven approach, deep capital markets relationships, and execution capabilities enabled us to secure an outcome that exceeded our expectations. We are excited to work with our new partners and continue to grow our business to the next level,” said Roger Connors, co-founder and CEO, Partners In Leadership, Inc.
“The training and development industry continues to rapidly grow as large corporations increase their focus on improving organizational results through targeted investments in human capital initiatives,” said Phil Colaco, managing director and head of the business services group, Deloitte Corporate Finance LLC. “DCF focused on assisting PIL in identifying potential partners that understood the Company’s distinct competitive advantage while simultaneously limiting business disruption so that management could continue its focus on expanding customer relationships and driving growth throughout the transaction process.”
About Partners In Leadership, Inc.
For over 25 years, Partners In Leadership, Inc. has assisted thousands of companies and millions of people in more than 42 countries in understanding how to create greater accountability for results in their teams while helping leaders accelerate needed culture change. PIL’s clients utilize the Accountability Training® and Cultural Transition Process® to achieve key organizational objectives, such as increasing revenues and profitability, reducing costs, and successfully implementing major organizational initiatives. For more information, visit www.ozprinciple.com.
About Hammond, Kennedy, Whitney, & Company, Inc.
Founded in 1903, Hammond, Kennedy, Whitney & Company, Inc. (HKW) is a private equity firm, sponsoring management buy-outs of privately owned businesses and subsidiaries or divisions of public companies with revenues between $20 million and $200 million. With more than a century of excellence as its foundation, HKW is one of the nation's oldest private equity firms. For more information, visit www.hkwinc.com.
About Deloitte Corporate Finance LLC
Deloitte Corporate Finance LLC provides strategic advisory services and M&A advice that help corporate, entrepreneurial and private equity clients create and act upon opportunities for liquidity, growth, and long-term advantage. With an in-depth understanding of the marketplace and access to a global network of investment bankers, we help clients confidently pursue strategic transactions in both domestic and global markets. DCF, together with the Corporate Finance Advisory practices within the Deloitte Touche Tohmatsu Limited network of member firms, include in excess of 1,900 professionals, who work collaboratively across 150 international locations. With our significant experience providing investment banking services across key industries, we are able to offer our clients solutions that help them to achieve their strategic objectives. For more information, visit www.investmentbanking.deloitte.com.
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