February, 2017 (New York, NY) – Equiteq, a global leader in providing strategic and M&A advisory services to knowledge-intensive services firms, is pleased to announce that it has advised McKinney Rogers (“McKinney Rogers” or “MR”), a results-driven global consultancy, on the sale of its business to GP Strategies Corporation (NYSE: GPX), a Maryland-based performance improvement solutions provider.
GP Strategies is a global provider of training, eLearning solutions, management consulting and engineering services. GPX’s solutions improve the effectiveness of organizations by delivering innovative and superior training, consulting and business improvement services, customized to meet the specific needs of its clients.
Debbie Ung, GP Strategies’ Executive Vice President, stated, “The acquisition of McKinney Rogers will further equip GP Strategies with the essential resources our customers require to successfully execute business strategies and provide greater transparency and visibility into their business outcomes at the C-suite level. We believe that McKinney Rogers’ expertise will bring a synergistic value to our Global 500 customers.”
Damian McKinney, CEO and Founder of McKinney Rogers, said “Our ambition has always been to become a global leader in strategy execution. With GP Strategies we have the ability to accelerate towards that goal and to leverage GP Strategies’ services across our client base and vice versa. I am extremely grateful to Equiteq for their hard work, support and tenacity throughout this process. Their consulting industry expertise and advocacy skills helped us to position our business for a successful transaction and I would recommend them unreservedly to any consultancy business owner considering a sale.”
Adam Tindall, Director in Equiteq’s New York office, commented, “McKinney Rogers is a world-class consultancy with an impressive track record of embedding their business operating system into global organizations to help C-suite executives achieve exceptional, sustainable corporate performance. The strategic and synergistic fit between McKinney Rogers and GP Strategies was immediately apparent. I wish both parties a successful future together.”
About Equiteq (www.equiteq.com)
Equiteq is a knowledge-intensive services sector M&A specialist. The company works with the shareholders of services firms, helping them to achieve their business objectives and exit strategies. Equiteq’s services are designed to deliver great returns for its clients by accelerating revenue, profit, and equity value growth, and ultimately realizing that value in a trade sale or recapitalization.
About McKinney Rogers (www.mckinneyrogers.com)
McKinney Rogers is a strategy execution consultancy that advises the C-suite of large, global corporations on strategy formulation, strategy implementation and leadership alignment. McKinney Rogers’ services are designed energize and accelerate corporate performance for their clients. MR serves clients across a range of industry sectors including: manufacturing, engineering, retail, consumer goods, financial services and healthcare.
About GP Strategies Corporation (www.gpstrategies.com)
GP Strategies Corporation (NYSE: GPX) is a global performance improvement solutions provider of training, eLearning solutions, management consulting and engineering services. GP Strategies’ solutions improve the effectiveness of organizations by delivering innovative and superior training, consulting and business improvement services, customized to meet the specific needs of its clients. Clients include Fortune 500 companies, manufacturing, process and energy industries, and other commercial and government customers.