We are pleased to announce the sale of our client, Shipley Associates, Inc. to Petra Capital Partners and Patriot Capital. The transaction closed July 29, 2022.
Located in Kaysville, Utah, Shipley Associates (Shipley) is a business development consulting and training firm focused on helping a global client base compete for and win government and commercial contracts. The Company’s services are used to grow revenue and improve organizational business development effectiveness (while decreasing new customer acquisition costs). Shipley also prepares and develops top performers through its market leading training and certification programs, which have trained and certified over 10,000 industry leaders. The Company delivers clients a proven return on investment.
Petra Capital Partners (Petra), located in Nashville, Tennessee, is a private equity firm engaged in providing growth capital for companies located throughout the United States. Petra’s investment team has an established track record of success, spanning over 20 years and deploying more than $700 million of capital invested into more than 100 companies.
The firm is seeking investments for its current SBIC fund, Petra Growth Fund IV. Petra can invest up to $20 million per company in equity or debt securities with a primary focus on backing high-growth business services, tech-enabled services, and healthcare services companies.
Patriot Capital is a multi-strategy middle market investment firm with offices in Baltimore, Chicago, Dallas, and Charlotte. Patriot seeks to make growth-oriented investments in businesses with annual revenues between $10 and $200 million that exhibit long-term positive trends and sustainable competitive advantages in their markets. Since 2000, Patriot Capital funds have invested over $1 billion of capital in more than 145 platform investments across five investment vehicles.
“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”, said Todd Barnett, Chairman & CEO of Shipley.
As clients continue to seek industry best practice expertise, training, and key personnel to support must-win pursuits, Shipley will maintain its legacy of being responsive and customer-focused. “Our operating mantra has always been one of high business ethics with an extreme focus on client success”, said Brad Douglas, EVP of Global Strategy at Shipley. “We will continue our forward-looking approach to global business winning services to help clients succeed and win more business.”
Generational Equity Executive Managing Director of M&A – Western Region, Stephen Crisham, and his team, led by Sr. Managing Director Mergers & Acquisitions, Fred Zweifel, with the support of Sr. Managing Director - Western Region, Lori Galloway, closed the transaction. Senior Managing Director, James Carr established the initial relationship with Shipley.
If you would like to explore other transactions our associates have supported in this industry, visit our dedicated Business & Financial Services M&A Deals page.
The information we learn from customers helps us personalize and continually improve your experience. Here are the types of information we gather.
We receive and store any information you enter on our Web site or give us in any other way. We do not sell or rent your personal information to others without your consent. We use the information we collect only for the purposes sending promotional information, enhancing the operation of our site, serving advertisements, for statistical purposes and to administer our systems. We DO NOT use third parties to provide customer service, to serve site content, to serve the advertisements you see on our site, to conduct surveys, to help administer promotional emails, or to administer drawings or contests, but reserve the right to do so in the future without advance notice.
DealForce, LLC’s affiliates are all part of one corporate family, they work with one another and may work together to provide services to you. The sharing of your information among affiliates enables DealForce to serve you more efficiently and makes it more convenient for you to do business with Generational Group. DealForce is permitted by law to share information with its affiliates. All of our affiliates follow similar privacy policies.
For reasons such as improving personalization of our service, we might receive information about you from other sources and add it to our account information.
Generational Group may license the use of its intellectual property including but not limited to its name, likeness, and logo for the use of affiliated offices. Such affiliated offices may not be owned, controlled, managed, supervised or staffed by employees, officers, or agents of Generational Group. Affiliated offices may be independently owned and operated. For more information about a particular office, please contact Generational Group at its office in Dallas, Texas.
This page may contain other proprietary notices and copyright information, the terms of which must be observed and followed.
Information on this web site may contain technical inaccuracies or typographical errors. Information may be changed or updated without notice. Generational Group may also make improvements and/or changes in the products and/or the programs described in this information at any time without notice.
Generational Group does not want to receive confidential or proprietary information from you through our web site. Please note that any information or material sent to Generational Group will be deemed NOT to be confidential. By sending Generational Group any information or material, you grant Generational Group an unrestricted, irrevocable license to use, reproduce, display, perform, modify, transmit and distribute those materials or information, and you also agree that Generational Group is free to use any ideas, concepts, know-how or techniques that you send us for any purpose.
Our computer system protects personal information using advanced firewall technology.
Information Generational Group publishes on the World Wide Web may contain references or cross references to other products, programs and services that are not announced or available in your country. Such references do not imply that Generational Group intends to announce such products, programs or services in your country. Consult a Generational Group representative for information regarding the products, programs and services which may be available to you.
Generational Group makes no representations whatsoever about any other web site which you may access through this one. When you access a non-Generational Group web site, please understand that it is independent from Generational Group, and that Generational Group has no control over the content on that web site. In addition, a link to a non-Generational Group web site does not mean that Generational Group endorses or accepts any responsibility for the content, or the use, of such web site. It is up to you to take precautions to ensure that whatever you select for your use is free of such items as viruses, worms, Trojan horses and other items of a destructive nature.
IN NO EVENT WILL Generational Group BE LIABLE TO ANY PARTY OR ANY DIRECT, INDIRECT, SPECIAL OR OTHER CONSEQUENTIAL DAMAGES FOR ANY USE OF THIS WEBSITE, OR ON ANY OTHER HYPERLINKED WEBSITE, INCLUDING, WITHOUT LIMITATION, ANY LOST PROFITS, BUSINESS INTERRUPTION, LOSS OF PROGRAMS OR OTHER DATA ON YOUR INFORMATION HANDLING SYSTEM OR OTHERWISE, EVEN IF WE ARE EXPRESSLY ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
Furthermore, all information contained within this website is the property of Generational Group.
Success, you have been added to our list.
it all started with a conference.
start your story today,
speak directly with one of our senior advisors +1-972-232-1121