Hammond, Kennedy, Whitney & Company, Inc. Announces Sale of Corporate Visions, Inc.
Indianapolis, IN – May 29, 2015 – Hammond, Kennedy, Whitney & Company, Inc. (“HKW”) is pleased to announce that on May 29, 2015, it closed on the sale of Corporate Visions, Inc. (“Corporate Visions”). Corporate Visions, based in Larkspur, CA, is a leading provider of marketing and sales messaging, tools and training products and services. Corporate Visions had been a portfolio company of HKW since 2010. Four add-ons were completed during HKW’s hold period to further enhance the company’s products and customer base.
The buyer is Sentinel Capital Partners, a private equity firm based in New York City, NY.
“Our business model is based on partnering with management to profitably grow the business. There is no better example of this than the past five years of partnership with CEO Joe Terry and his incredible team. We are very pleased with this result for our investors,” said Glenn Scolnik, Chairman of HKW and the Chairman of Corporate Visions until the sale.
“It has been a great run, and we are grateful for the support we’ve received and the successes we’ve shared with HKW,” added Joe Terry, CEO of Corporate Visions. “HKW’s willingness to invest in our strategies, including four acquisitions, helped drive our growth. We couldn’t have asked for a better partner.”
About HKW HKW is a private equity firm founded in 1903 with offices in Indianapolis and New York. Since 1982, HKW has sponsored 48 platform transactions of lower middle-market companies throughout North America as well as 52 add-on acquisitions. For further information on HKW, please visit www.hkwinc.com. For further information on Corporate Visions, please visit www.corporatevisions.com.