Deloitte Corporate Finance (DCF) acted as the exclusive financial advisor to Partners In Leadership (PIL) on its majority recapitalization with Hammond, Kennedy, Whitney & Company (HKW). The transaction represents DCF’s fourth closed deal in the training space in the last 12 months.

Partners In Leadership assists companies and people in understanding how to create greater accountability for results in their teams while helping leaders accelerate needed culture change.

Hammond, Kennedy, Whitney & Company 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.

“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.

“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. “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.”