Contract Type
partnership
Description
Coalesce Capital, a private equity firm, has announced a majority growth recapitalization in executive compensation and leadership consultancy company, Pearl Meyer & Partners, LLC. Pearl Meyer’s management team retains a meaningful stake in the company and will partner closely with Coalesce. Existing minority institutional investors have exited their investment. Coalesce will support Pearl Meyer’s next phase of growth and enhance its industry leadership through talent development initiatives, the addition of complementary capabilities and service areas, and investments to enhance their client service capabilities.
Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months