Citizens M&A Advisory served as exclusive financial advisor to Candid Partners, a tech-enabled, multi-cloud consulting firm, on its sale to global management consulting firm McKinsey & Company.
“Candid Partners is a one-of-a-kind combination of enterprise-grade consulting expertise and deep down-stack technical cloud skills. Its Matter software is a unique solution for clients looking for an automated and secure cloud migration journey. Candid’s capabilities are a natural addition to McKinsey’s world-class consulting services,” Don Holbrook, managing director at Citizens, said.
“Selecting an investment banker is a difficult process. We were inundated by inquiries to the point where they were becoming a distraction,” Merrick Olives and John Peak, co-founders and managing partners of Candid Partners, said in a joint statement. “After getting to know Don and his team, we found the right bankers for us. The Citizens team not only had the requisite knowledge of our market segment but also a straightforwardness and candor that was a perfect fit for our culture. Don ran a disciplined, highly effective process from first meeting through close. The team’s efforts yielded a terrific outcome with an ideal partner for our business. We couldn’t be more pleased with the result.”
Citizens M&A Advisory specializes in middle market mergers and acquisitions as well as later-stage financing transactions.
