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New Deal


Announced

Completed

Kartesia completed the acquisition of Richardson from ClearLight.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

United States

Education Services

Majority

sales training services

Acquisition

Friendly

Private

Private Equity

Completed

Synopsis

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Kartesia, a provider of long-term liquidity and credit solutions, completed its acquisition of Richardson, a provider of sales training services, from ClearLight. Financial terms were not disclosed. Kartesia will merge Richardson with Kartesia’s existing portfolio company, Sales Performance International (SPI). “ClearLight was a great partner with a long-term focus on building enduring enterprise value. Their patient support helped us enter new markets, expand and modernize our sales training content and generate a tangible return on investment for our clients," John Elsey, Richardson CEO.

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