Equiteq advises McKinney Rogers on its sale to GP Strategies Corporation

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Equiteq is pleased to announce that it has advised McKinney Rogers, a results-driven global consultancy, on the sale of its business to GP Strategies Corporation (NYSE: GPX), a Maryland-based performance improvement solutions provider. Equiteq acted as exclusive financial advisor to McKinney Rogers.

Debbie Ung, GP Strategies’ Executive Vice President, stated, “The acquisition of McKinney Rogers will further equip GP Strategies with the essential resources our customers require to successfully execute business strategies and provide greater transparency and visibility into their business outcomes at the C-suite level. We believe that McKinney Rogers’ expertise will bring a synergistic value to our Global 500 customers.”

Damian McKinney, CEO and Founder of McKinney Rogers, said “I am extremely grateful to Equiteq for their hard work, support and tenacity throughout this process. Their consulting industry expertise and advocacy skills helped us to position our business for a successful transaction and I would recommend them unreservedly to any consultancy business owner considering a sale.”

Adam Tindall, Director in Equiteq’s New York office, commented, “McKinney Rogers is a world-class consultancy with an impressive track record of embedding their business operating system into global organizations to help C-suite executives achieve exceptional, sustainable corporate performance. The strategic and synergistic fit between McKinney Rogers and GP Strategies was immediately apparent. I wish both parties a successful future together.”

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Readying Crossbridge for a premium sale by focusing on growth

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This week’s blog looks at how Equiteq, with a three-year growth support programme, helped Crossbridge to grow in preparation for sale. Crossbridge was transformed into a fast growing business, which later sold for a value that exceeded shareholder expectations.

Crossbridge is a specialist management consultancy which works with clients in the financial services sector to improve their operating model, internal operations and culture. Three years prior to the sale of the business, Crossbridge employed Equiteq to run an Equity Growth Accelerator (EGA) workshop with the aim of building the business’s value.

To get started, Equiteq ran a two-day workshop with the leadership team to see how they fared against other sector peers. From the outcome of the workshops we were able to map out where the company needed to be positioned, agree timescales, and lay out the actions the leadership team needed to commit to in order to achieve these objectives.

Using our ‘8 Lever model’, Crossbridge were able to chart their progress on an annual basis. During this period, our approach contributed to 66% revenue growth in two years.

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