Caliper Corporation Acquired by PSI Services
Caliper Corporation is a leading human resource services provider of employee assessment and talent-management solutions. The Company’s assessment solutions, delivered through a software suite, help businesses align talent with strategy, enabling them to find, hire, and train the talent and leadership that is best for each business.
The team at Navagant advised Caliper in its sale to PSI, a leading provider of professional testing and assessment services.
Steve Wills, Executive Chairman of Caliper Corporation
“There are three things one should never discount – your brain surgeon, your parachute packer, and importantly, the investment banking advisor/team that will ensure the greatest inurement of value from a transaction to shareholders and stakeholders. The team at Navagant excelled providing the industry knowledge and adept negotiating skill to complete a watershed transaction for everyone at Caliper.”
Jacob Voorhees, Managing Director, Navagant
“Navagant was able to put Caliper in the position of deciding between multiple highly competitive offerings, the scenario which we aspire to for every company. This allowed Caliper management to select their preferred party based on fit, values, and vision. Ultimately, we successfully closed the deal with PSI services, securing an exceptional premium of over 150% compared to the initial unsolicited LOI. This outcome validates Caliper’s value and potential as a business. As a team, we are proud to have played a role in Caliper’s success and are excited about the future opportunities this deal will bring.”
Aligning People with Priorities: Enhancing Productivity
By providing human resource services and talent-management solutions, Caliper plays a crucial role in helping businesses align their talent with their unique strategic goals and priorities. The acquisition of Caliper by PSI services ensures the continuation and expansion of these valuable services, ultimately contributing to the growth and success of businesses across various industries. By optimizing talent management and employee assessment processes, this deal enhances workforce productivity, promotes better hiring practices, and facilitates the development of strong leadership and teamwork. Ultimately, these improvements positively impact the overall efficiency and effectiveness of organizations, leading to economic growth, job creation, and enhanced performance across industries.
PSI Services is a company dedicated to assisting individuals in achieving success across their academic, personal, and professional endeavors by delivering comprehensive testing and assessment services. The company provides a wide range of assessment solutions, including pre-employment selection, managerial assessments, licensing and certification exams, distance learning testing, license management, and professional services. These services are designed to support corporations, government agencies, professional associations, certifying bodies, and academic institutions. Through their offerings, clients can effectively measure, assess, and identify the skills, qualities, and capabilities of individuals pursuing employment, degrees, or licensure and certification credentials.
Navagant LLC is a middle-market investment bank focused exclusively on the Education & Training industry. We serve entrepreneurs, family businesses, large corporations, and financial sponsors seeking to optimize their transaction outcomes. Our sell-side advisory services include mergers and acquisitions, majority and minority recapitalizations, management buyouts, and corporate carve-outs. With a conscious-capital mission and a team of experienced professionals, Navagant delivers tailored solutions to help organizations unlock value and achieve life-changing outcomes. For more information, please visit http://www.navagant.com.