Transaction

JEGI CLARITY Represents Phillips International In Sale Of Phillips Investment Resources To Avista Capital Partners

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Sectors:
  • B2B Information and Events
  • Insights Data and Analytics
  • Technology and Consulting Services

Avista Capital Partners, a leading private equity firm, has acquired the assets of Phillips Investment Resources, LLC (“PIR”), a provider of subscription-based investment advice, from Phillips International, Inc.

Founded in 1974, Rockville, MD-based PIR provides independent investment advice on a paid subscription basis. The Company delivers its content primarily through electronic media channels, as well as through print newsletters. PIR offers 23 subscription-based advisory services from 16 expert advisors, covering a broad range of topics and investment styles to approximately 220,000 subscribers.

JEGI CLARITY represented Phillips International in this transaction and acted as its exclusive financial advisor.

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