—Expands private equity and portfolio company
leadership consulting capabilities—
BOSTON, June 17,
2024 /PRNewswire/ -- Executive compensation and
leadership consulting firm Pearl
Meyer announced today that it has acquired Blake Street
Group (BSG), a boutique consultancy providing human capital due
diligence, organizational readiness, and leadership development to
private equity firms and their portfolio companies.
Pearl Meyer
acquires Blake Street Group to expand private equity &
portfolio company leadership consulting capabilities
"As our work with private equity firms has grown, we have been
impressed by Blake Street Group's unique blend of leadership
expertise in this area, which is informed by their prior experience
in PE and operating company roles," said Pearl Meyer CEO
Beth Florin. "Adding BSG's offerings
to Pearl Meyer's comprehensive
leadership and compensation consulting portfolio further enhances
our ability to help clients accelerate growth and reduce human
capital risk through their various stages of development."
Blake Street Group serves as a key partner with both PE deal
teams and portfolio company management teams, helping to ensure
alignment with respect to a potential transaction's investment
thesis. Investors turn to BSG for executive and organizational
pre-deal diligence as part of an investment or acquisition
decision. CEOs engage BSG to assess and develop candidates for key
roles or position their organization for better performance.
"BSG's offerings and approach align well with Pearl Meyer's strategy-driven compensation and
leadership consulting services," said BSG Managing Director
Andy Rourke. "Both enable value
creation on behalf of clients, and we have a shared understanding
of what it takes to help organizations build, develop, and reward
great leadership teams that drive long-term success."
With this new combined offering, Pearl
Meyer will deliver value to PE investors and management
through aligned leadership and compensation consulting services
that help drive success across all stages of the investment and
ownership lifecycle. These stages include pre-deal diligence,
investor ownership, an exit event, and the transition to a public
company.
"Our core expertise is advising PE firms and management teams to
drive value and assess risk from a human capital perspective,"
Rourke continued. "As we look to further expand and build upon our
lifecycle offerings, Pearl Meyer's
leadership and compensation consulting teams are an ideal
complement for our services."
About Pearl
Meyer
Pearl Meyer
is the leading advisor to boards and senior management helping
organizations build, develop, and reward great leadership teams
that drive long-term success. Our strategy-driven compensation and
leadership consulting services act as powerful catalysts for value
creation and competitive advantage by addressing the critical links
between people and outcomes. Our clients stand at the forefront of
their industries and range from emerging high-growth,
not-for-profit, and private organizations to the Fortune 500.
About Blake Street Group
Blake Street Group
specializes in human capital due diligence, organizational
readiness, as well as leadership development and alignment. BSG was
formed out of a recognition of one simple pattern: companies that
generate extraordinary results do so by selecting and developing
great people. For over 15 years, BSG has been solely dedicated to
helping investors and companies achieve extraordinary outcomes
through people.
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SOURCE Pearl Meyer