The private equity investment is aimed at scaling the management consultancy's offerings, expanding its reach in North America and the Nordics, and pursuing add-on acquisitions.
Management consulting firm Applied Value Group announced it has received a growth investment from Trivest Partners, a private equity firm with approximately $6 billion in assets under management. The deal, announced August 22, is designed to accelerate the consultancy's growth plans. Financial terms of the transaction were not disclosed.
With the new capital, Applied Value intends to scale its service offerings and broaden its capabilities for its corporate and private equity clientele. The firm plans to focus on expanding its geographic presence in North America and the Nordics, pursue targeted add-on acquisitions, and increase efforts to attract and retain talent.
The investment reflects a continuing trend of private equity interest in the professional services sector, where firms see value in the consistent business models and growth potential of established consultancies. Trivest specifically focuses on founder-owned businesses, a category that includes Applied Value, which was founded in 1997.
"The professional services space is an increasingly compelling area for us at Trivest as the top business models align with our focus on partnership," said Mario Masrieh, Managing Director at Trivest Partners. "We believe Applied Value's origins as owner-operators, specialized expertise, and unique focus on providing actionable solutions for their clients provides a long runway to help fuel the next phase of its growth."
As part of the partnership, Applied Value Group's consulting business will operate separately from its family office investments and social impact initiatives, which will be incorporated under a new entity named Applied Invest LLC. The firm’s current leadership team, including Chief Executive Officer Ryan Huff and founder and Executive Chairman Bruce Grant, will remain in their roles to guide the firm.
"I am excited to usher in the next chapter of Applied Value's evolution through our partnership with Trivest," said Bruce Grant. "I believe with their support and capital, we can drive accelerated long-term growth while preserving the unique characteristics that have been foundational to our success so far."
Applied Value Group is headquartered in New York and has over 100 professionals across offices in Miami, Stockholm and Shanghai. The firm specializes in cost and capital efficiency services, including gross margin expansion, fixed cost reduction and working capital improvements.
SOURCE: Applied Value Group
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