Category: News

JEGI CLARITY, a pre-eminent M&A advisory firm for the global media, marketing, information and technology industries, headquartered in New York, NY and London, UK, is pleased to announce that Alon Sheinberg has joined the firm as a Director. He will advise clients on mergers, acquisitions, divestitures, and capital raises with a focus on the technology, digital media, and marketing services sectors.

Prior to JEGI CLARITY, Alon built a strong track record of transaction execution, advising companies across a range of technology sectors, including digital media, marketing, EdTech, IT consulting, and software/SaaS. He has successfully completed over 50 transactions, working with leading financial sponsors and strategic acquirers. Alon holds an MBA from the Gies College of Business at the University of Illinois, and a BA/MA in Political Science from Tel-Aviv University. He is also a registered FINRA representative.

Commenting on his new role, Alon said, “I am thrilled to join the team at JEGI CLARITY and contribute to the firm’s commitment to excellence through meticulous transaction execution. JEGI CLARITY’s unmatched industry relationships, extensive leadership experience, and longstanding presence in the media, marketing, information and technology sectors, set it apart in today’s investment banking landscape. I look forward to leveraging my experience to drive exceptional outcomes for our clients as we enter a favorable M&A environment, with market dynamics creating significant acquisition opportunities.”

Doug Stowe, President & COO of JEGI CLARITY, noted, “We are very pleased to welcome Alon to our team. He has a successful history driving outstanding outcomes on behalf of his clients. His knowledge and expertise covering the software, technology, digital media, and marketing services sectors will be highly valuable to our firm and its global network of buyers, sellers and investors.”

Below is an excerpt from an article originally posted on Law.com, titled “The Newest Law Firm Partner: Private Equity.” To read the full article please click here.

“It’s easy to imagine why a law firm lacking the balance sheet to win talent battles might desire an infusion of capital to bolster its competitiveness. But why would this new focus on talent in the legal asset class appeal to investors? Scott Mozarsky, Managing Director at JEGI CLARITY, cites a confluence of factors.

First, regulatory changes and transactions in adjacent sectors have opened investors’ eyes to law firms as an untapped market. “Arizona’s decision to liberalize Rule 5.4 has been a catalyst for investors to take a harder look at the art of the possible relating to investments in law firms,” said Mozarsky. “The recent wave of successful roll-ups in accounting and tax advisory, which have been executed using MSOs, has also been a strong driver. Investors are realizing that the law firm market is larger than they had imagined: it’s a very profitable and scalable business that can benefit from pattern recognition and perspective of financial sponsors. And the multiple private equity-backed roll-ups in accounting, which has similar ethics and regulatory rules to the legal market, are highly relevant proxies.” Mozarsky believes legal talent as an asset class would meet an investor base that is already primed to pursue legal sector deals.

Second, as compared to litigation finance opportunities currently available to institutional investors, legal talent could offer a less risky return profile. Rather than sharing in the return on a subset of a practice group’s matters, a capital provider facilitating the hiring of a group would ultimately be able to benefit from the group’s revenue pool as a whole. This has the potential to appeal to investors seeking a relatively more predictable, private equity-like return. In addition, legal talent investing would offer exposure not only to litigation but to transactional and regulatory practice areas as well.”

Mental Health Awareness Week 2024 takes place from 13 to 19 May, on the theme of “Movement: Moving more for our mental health”

In light of Mental Health Awareness Week 2024, JEGI CLARITY highlights the importance of mental health in the workplace and has taken a proactive approach by registering staff for mental health awareness training.

By prioritizing mental health, we foster a supportive workplace culture, boost productivity and job satisfaction, and mitigate stress and burnout. Mental health training equips employees to recognize common mental health issues, reduce stigma, and provide appropriate support and referrals, building a resilient and adaptable workforce for long-term sustainability.

The theme this year is “Movement: Moving more for our mental health”. But so many of us struggle to move enough. We know there are many different reasons for this, so we are encouraging our teams to find moments for movement in their daily routines. Going for a walk around your office or in your neighborhood, putting on your favorite music and dancing around the living room, and even chair exercises when you are in front of the screens.

Find out more: mentalhealth.org.uk/mhaw.

International Women’s Day (IWD) is a global day celebrating the social, economic, cultural and political achievements of women. The day also marks a call to action for accelerating gender parity and significant activity is witnessed worldwide as groups come together to celebrate women’s achievements or rally for women’s equality.

International Women’s Day (IWD) provides a key opportunity for organizations worldwide to reinforce and amplify their ongoing commitment to Diversity, Equity and Inclusion through actively forging women’s advancement. 

International Women’s Day provides an important opportunity to fundraise for female-focused charities, help raise their visibility, and amplify awareness raising efforts. If you would like to find out more, please click here.

New York, NY, February 6, 2024 – JEGI CLARITY, a preeminent M&A advisory firm for the global media, marketing, information and technology industries, headquartered in New York, NY and London, UK, is pleased to announce that Jon Thackeray has been promoted to Managing Director.  Jon joined the firm four years ago and is based in the New York office. He advises clients on mergers, acquisitions, divestitures and capital raises across the media, entertainment, legal, GRC, marketing and technology-enabled services sectors and is instrumental in the firm’s coverage of financial sponsors. Jon has advised on a wide range of transactions across M&A, debt and equity capital markets and strategic advisory assignments, with a total deal value in excess of $20bn.

Prior to joining JEGI CLARITY, Jon was a Director with Citi’s Global Media and Communications investment banking team, where he worked for eight years. He began his career in public accounting at Deloitte, working for a variety of public and private clients.

Commenting on his promotion, Jon said, “I am very excited to continue working alongside our incredibly dedicated and talented senior leadership team. I am grateful to all of the wonderful JEGI CLARITY clients whom I have had the privilege of advising, and I look forward to continuing to build on that success, driving successful outcomes for all stakeholders through our sound advice and subject matter expertise within our core sectors.”

Wilma Jordan, Founder & CEO, North America of JEGI CLARITY, noted, “Jon is deep in his sectors and is tailor-made for this next step in his career…he knows the Financial Sponsor field well, and we believe will be very successful in making inroads across the board.”

Jon holds an MBA from the Leonard N. Stern School of Business at New York University, and both an MS in Accounting and a BS in Accounting and Finance from the Carroll School of Management at Boston College. He is a registered FINRA representative and a Certified Public Accountant.

Despite global dealmaking having seen a significant drop in 2023 amidst challenging market conditions, we continued to strengthen our position as the definitive independent M&A advisor in our sectors, with over 20 completed transactions in the last 12 months.

In the same period we saw an increase in the proportion of deals done with Corporate (20%) vs Private Equity (40%) and in particular PE-Backed Corporate (40%) saw a marked increase. This was largely driven by the challenging environment for PE investing last year with macro pressures as well as cost of debt all contributing.

Please contact us if you want to hear about any of these deals in greater detail.

London, UK, January 1, 2024 – We are delighted to announce that we are welcoming Richard Vaughan into the EMEA Partnership.  

During his 10 year tenure, Richard has been a central driving force in growing the business into the pre-eminent practice it is today serving Founders, Private Equity Investors and Corporate Institutions across the global Media, Marketing, Information and Technology industries. 

Richard has over 20 years of experience spanning both advisory roles and operational positions in our sectors having previously worked at ABN Amro, Citigroup, corporate finance firm Kinmont as well as Chorion and children’s IP owner Silvergate.  

Commenting on his new role, Richard said, “I am extremely excited to have been appointed as a Partner in the London office and to be part of the senior management team propelling JEGI CLARITY to the next level. Over the last decade we have earned a reputation as one of the key M&A advisors in our sectors, providing invaluable advice to investors and businesses seeking investment opportunities. Working with my colleagues, we will continue to nurture our industry relationships and offer our clients sound investment advice and transactional expertise within their sectors.  

I look forward to further growing these relationships with founders, private equity, and corporate clients and to supporting them with their transactions in the forthcoming years.” 

In a year of suppressed deal activity driven by a range of factors, we have maintained a high level of activity having completed 16 deals to date.

We have remained active across the Global Technology and Consulting Services sector and continue to see strong market appetite for leading businesses providing digital transformation, cloud and data capabilities.

Our busiest sub-sector so far this year has been Legal Technology and Services, having advised on four transactions ranging from Enterprise Software to Consulting/Services business models.

While we anticipate the rest of the year will pose challenges for deal-making, we are starting to see the green shoots of positive activity as we enter into 2024 budgeting season.

Please contact us if you want to hear about any of these deals in greater detail.