DC Advisory advised SolomonEdwards on its sale to Renovus Capital Partners

Background

• Headquartered in Pennsylvania, SolomonEdwards is a leading professional services firm with over 150 full time employees and offices in San Francisco and Houston
• Focused on strategy execution, SolomonEdwards provides solutions for complex situations across:
  • Accounting, banking & financial services
  • Business transformation
  • Governance & regulatory compliance
  • Transaction & regulatory advisory services

Process

• DC Advisory (DC), led by John Lanza, was engaged by SolomonEdwards to provide comprehensive sell-side advice
• DC orchestrated a competitive process with outreach to relevant strategic players and financial sponsors, and provided strategic support across multiple workstreams
• SolomonEdwards received significant interest due to its unique position within the professional services market, and its compelling economic business model

Outcome

• The process resulted in an acquisition by Renovus Capital Partners
• As a result of this transaction, SolomonEdwards seek to make additional investments in its team and delivery capabilities, and accelerate its planned expansion as a platform company
• This transaction further bolsters DC’s strong existing track record in the professional services space and demonstrates its wide network across Business & Tech-Enabled Services