Petra Capital Partners and Patriot Capital completed the acquisition of Shipley Associates.

Investment firms Petra Capital Partners and Patriot Capital completed the acquisition of Shipley Associates, a provider of business consulting and services. Financial terms were not disclosed. “We are thrilled to have new investment partners who are focused on facilitating Shipley’s global growth, innovation, and leveraging of technology solutions while continuing our thought leadership role in the business-winning industry. Likewise, we appreciate the tremendous contribution of our previous ownership group and remain dedicated to providing the industry with exceptional talent through our skilled consultants, trainers, and employees," Todd Barnett, Shipley Chairman & CEO.