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Announced

Completed

Truelink Capital completed the acquisition of Richardson Sales Performance from Kartesia.

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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United States

sales training

Management Consulting

Acquisition

Domestic

Majority

Private

Private Equity

Completed

Friendly

Single Bidder

Synopsis

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Truelink Capital, a private equity firm, completed the acquisition of Richardson Sales Performance, a sales training and performance improvement company from Kartesia, a private equity firm. Financial terms were not disclosed. "At Truelink, we are focused on partnering with great management teams and accelerating growth, and that is how our firm intends to support Richardson. Richardson is an industry leader, with an immensely talented team, experienced leadership and a strong customer value proposition. We are enthusiastic about Richardson's high-quality and adaptable content, and we believe the Company has a solid foundation for growth, industry leading technology and global reach. We are confident that with additional investment, the Company is well-positioned to build upon its positive momentum and reach new heights in its next chapter," Luke Myers, Truelink Co-Founder and Managing Partner.

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