March 2019
Strong-Bridge Envision
CG Petsky Prunier advises Management Consulting Firm Strong-Bridge Envision on its sale to HCL Technologies
CG Petsky Prunier is pleased to announce it has advised Strong-Bridge Envision, a digital strategy and organizational change management firm, on its sale to global technology company HCL Technologies. Strong-Bridge Envision was previously a portfolio company of private equity firm Bow River Capital.
Strong-Bridge Envision, headquartered in Seattle, Washington, is a management consulting firm specializing in customer excellence, business transformation, and technology solutions. Serving Fortune 1000 clients since its founding, Strong-Bridge Consulting merged with Envision in 2017 to extend its consultancy and digital transformation capabilities and further establish its footprint across North America, transforming itself into a market-leading digital transformation consultancy. The firm has 200 employees and is headquartered in Seattle with additional operations in Denver, Atlanta, and New York City.
Strong-Bridge Envision brings strong capabilities in customer experience strategy, digital program management, agile consulting, and organizational change management to HCL’s rapidly growing digital and analytics services business in North America. Strong-Bridge Envision’s diverse capabilities in digital consulting, combined with HCL’s expertise in experience design, app modernization, and data analytics, will enable the combined organization’s North American customers to scale digital adoption successfully.
HCL Technologies is a leading global technology company that helps global enterprises re-imagine and transform their businesses through digital technology transformation. HCL, operating out of 44 countries with consolidated revenues of US$ 8.4 billion for the 12 months ended December 31, 2018, focuses on providing an integrated portfolio of services underlined by its Mode 1–2–3 growth strategy. Mode 1 encompasses the core services in the areas of Applications, Infrastructure, BPO, and Engineering & R&D services, leveraging DRYiCETM Autonomics to transform clients' businesses and the IT landscape, making them “lean” and “agile.” Mode 2 focuses on the experience-centric and outcome-oriented integrated offerings of Digital & Analytics, IoT WoRKS™, Cloud Native Services, and Cybersecurity & GRC services to drive business outcomes and enable enterprise digitalization. Mode 3 strategy is ecosystem–driven, creating innovative IP partnerships to build products and platforms business. HCL leverages its global network of integrated co-innovation labs and global delivery capabilities to provide holistic multi-service delivery in key industry verticals, including financial services, manufacturing, telecommunications, media, publishing, entertainment, retail and CPG, life sciences and healthcare, oil and gas, energy and utilities, travel, transportation and logistics, and government. With 132,328 professionals from diverse nationalities, HCL focuses on creating real value for customers by taking “Relationships Beyond the Contract.”
CG Petsky Prunier, with a team led by JP Michaud, Norm Colbert, and Matthew Kebel, served as the exclusive financial advisor to Strong-Bridge Envision and Bow River Capital.