NEWS18 July 2019

Schlesinger gets private equity support

Financials News North America

US – International data collection and research business Schlesinger Group has partnered with private equity firm Gauge Capital, to give financial and strategic support.

The investment was not revealed but Schlesinger said it would help fund acquisitions to expand in terms of geography and services offered.  

Schlesinger’s brand, leadership and employees will remain the same.

Gauge invests in high-potential management teams of medium-sized businesses and its primary aim for this investment is long-term, sustainable value creation through organic and strategically-acquired growth.

Steve Schlesinger (pictured), CEO, Schlesinger Group said: “My partner, Mike Sullivan, and I are working with our leadership team on building the next chapter in our company’s development and Gauge provides the best opportunity for us to achieve these goals. Gauge’s cultural fit, goals for our business, and expertise in business growth will help us accelerate our growth as we move into the future.”

Tom McKelvey, co-founder and managing partner, Gauge Capital added: “Schlesinger Group has demonstrated steady growth, strong partnerships with its client base and an enviable reputation for quality. The company and its experienced leaders provide the ideal platform from which to achieve our shared vision for growth.”

@RESEARCH LIVE

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