Kingsley Gate Partners Received Growth Investment From Crescent Cove Capital
Sellside Advisor to Kingsley Gate Partners
7 Mile Advisors Announces Kingsley Gate Partners Has Received A Significant Growth Investment From Crescent Cove Advisors
The partnership will accelerate Kinglsey Gate’s growth.
CHARLOTTE, NC – Kingsley Gate Partners, the firm that is redefining executive search with its purpose-built digital offerings, announced it has received a significant growth investment from Crescent Cove Advisors, a multi-asset investment firm focused on technology investments. This partnership will fuel the firm’s growth through further global expansion, increase recruitment and development of the organizational leadership, and accelerate investment in its leading talent acquisition and artificial intelligence software.
7 Mile Advisors acted as the exclusive sellside advisor to Kinglsey Gate Partners throughout the transaction.
Kristina Sergueeva, Managing Director at 7 Mile Advisors, commented, “It was a pleasure to work with Kingsley Gate Partners on this transaction. The founding partners built a technology-driven solutions platform that is revolutionizing and disrupting the industry of executing search. We are looking forward to following their track record of success.”
Umesh Ramakrishnan, one of Kingsley Gate Partners’ co-founders, has been named the firm’s Chief Executive Officer.
“First, I want to thank my co-founders Nancy Albertini and Buster Houchins. We would not be at this exciting juncture without them. The partnership with Crescent Cove Advisors is a testament to the value that Kingsley Gate Partners has created in just a little over six years,” said Ramakrishnan. “This partnership will ensure that we will continue to disrupt this industry through innovation, continuous improvement of the search process, and further attracting world-class talent.”
“Kingsley Gate marks our first private equity investment and expands the capital solutions we can offer founder-led technology companies,” said Jun Hong Heng, Founder and Chief Investment Officer of Crescent Cove. “As organizations are reshaped during and post-pandemic, we are excited to partner with the Kingsley Gate Partners team and support the company in redefining executive recruitment through the use of technology-driven solutions.”
Andrew Holmes, Partner and Head of Private Equity at Crescent Cove, added: “The global executive talent management industry is large and growing, yet little has changed in how companies approach talent acquisition. Umesh, Nancy, Buster, and the talented team at Kingsley Gate Partners are recognized leaders in developing proprietary and differentiated technologies to help its global client base improve the speed and accuracy of their hiring processes. We cannot think of a better time to make this investment given today’s global talent shortage and the premium companies place on talent acquisition. We are honored to join as partners in this exciting mission.”
7 Mile Advisors is a leading investment bank serving clients across the tech-enabled business services spectrum. The industry-focused team regularly publishes research on M&A trends, including quarterly market reports and podcasts with notable industry veterans. For more information on 7 Mile Advisors, or to see other recent transactions, visit www.7mileadvisors.com.
ABOUT 7 MILE ADVISORS
7 Mile Advisors provides Investment Banking & Advisory Services to the Business Services and Technology Industries globally. 7 Mile Advisors advises on M&A and private capital transactions, and provides market assessments and benchmarking. As a close-knit team with a long history together and a laser focus on our target markets, 7 Mile Advisors helps its clients sell companies, raise capital, grow through acquisitions, and evaluate new markets. All securities transactions are executed by 7M Securities, LLC, member FINRA / SIPC. For more information, including research on the M&A markets, visit www.7mileadvisors.com.
ABOUT KINGSLEY GATE PARTNERS
Transforming the world of retained executive search, Kingsley Gate Partners leverages the scientific interviewing approach of its Synchronous Fit® framework, deep industry insights of a world-class cadre of consultants, and state-of-the-art technology to deliver greater accountability, accuracy, velocity, and transparency that ensures a lasting strategic fit between executives and clients. Headquartered in Dallas, the partnership employs search consultants worldwide with expertise in private equity, life sciences and healthcare, financial services, technology, retail, hospitality & leisure, manufacturing, andprofessional services. The firm works with best of breed organizations in over 30 countries. For more information, go to www.KingsleyGate.com.
ABOUT CRESCENT COVE ADVISORS
Crescent Cove is a multi-asset investment firm focused on technology investments and dedicated to supporting entrepreneurs and founders. Established in 2016, Crescent Cove leverages its global network of relationships and unique insight across markets, emerging industries, and technologies to build businesses and accelerate value creation across its portfolios. For more information, visit https://crescentcove.com.