Navagant Wins DEAL of the YEAR Award for Yardstick Management Acquisition
Richmond, VA – April 27, 2023 – Navagant is proud to announce its recent recognition at The M&A Atlas Awards: U.S.A Middle Markets 2023. The firm’s instrumental role in advising on the successful acquisition of Yardstick Management by Diversified Search Group, a portfolio company of Shoreview Industries, has earned Navagant the esteemed Deal of the Year accolade.
The M&A Atlas Awards are renowned for honoring outstanding achievements in the M&A field, serving as a benchmark for excellence. This prestigious award further solidifies Navagant’s reputation as a trusted advisor and industry leader.
Lynette Robinson, Associate at Navagant who participated in the deal, accepting the award.
Founded in 2012 by Dr. Ebbie Parsons, III, and based in Atlanta, GA, Yardstick Management is the largest Black-owned and founder-owned diversity, equity, and inclusion (DEI) training, management consulting and executive search firm in the world. The Company has developed significant domain expertise in DEI strategy and implementation, making it a thought leader and well-respected firm servicing more than 115+ renowned corporate, government, and non-profit entities in the U.S, Europe, Asia, Africa, and the Middle East and placing 300+ diverse C-level executives.
Diversified Search Group is a pioneer woman-founded global executive search firm backed by Shoreview Industries. Diversified specializes in identifying and recruiting exceptional senior-level talent for organizations across various industries and has 14+ offices nationwide. They also have a global footprint serving clients in more than 30 countries. With a history spanning over four decades, the Company has earned a reputation for its commitment to DEI in executive placements.
“We’re honored to receive this recognition from the M&A Atlas Awards,” said Jacob Voorhees, Managing Director of Navagant, who led the deal. “I’m proud to have represented Yardstick in this acquisition. I believe it will foster an inclusive workplace and raise the voice of marginalized groups in society. This Atlas award is also a testament to the hard work, dedication, and collaborative effort of our exceptional team. It reflects our continuous efforts to deliver exceptional results in the ever-evolving M&A landscape.”
Jacob Voorhees, Managing Director of Navagant, and Jeff Bache, Vice President of Navagant, attending the M&A Atlas Awards Ceremony.
The acquisition of Yardstick by Diversified marks a significant milestone, bringing together two organizations with complementary strengths and a shared growth vision. It also holds tremendous potential to benefit society by advancing the cause of equality in workplaces and fostering upward mobility for marginalized groups. This collaboration has the potential to further break down barriers, dismantle systemic biases, and provide opportunities for underrepresented individuals to thrive, ultimately leading to a more just and inclusive society.
The DEAL of the YEAR award reaffirms Navagant’s position as a leading advisor in the M&A domain. With a commitment to exceptional outcomes and a proven track record, Navagant continues to assist clients in navigating the complexities of the ever-evolving education environment.
About Navagant
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 www.navagant.com.
Contact:
Jacob Voorhees
Managing Director, Navagant
Phone: (617) 216-1543
Email: jacob@navagant.com
