Clearsight Advisors Facilitates StoneTurn's Strategical Acquisition by Province

Clearsight Advisors Facilitates Strategic Acquisition



In a significant move within the professional services sector, Clearsight Advisors, Inc. has successfully overseen StoneTurn's acquisition by Province Inc., marking a pivotal moment for both firms involved. As the exclusive financial advisor to StoneTurn—a key player in the global professional services arena—Clearsight played an essential role in ensuring a smooth and strategic transition.

Founded in 2004, StoneTurn has carved out a niche for itself as a leading provider of dispute resolution, investigations, and risk advisory services. The firm has built strong partnerships with law firms, corporate entities, and government agencies, tackling complex challenges ranging from compliance and litigation support to cybersecurity and regulatory issues. With a footprint that spans five continents, StoneTurn is recognized for its senior-led, multidisciplinary approach, especially in high-stakes situations where decisive judgment and independence are of utmost importance.

On the other side of the transaction, Province is an internationally respected financial advisory firm that assists clients in managing multifaceted strategic, operational, financial, and legal challenges. Their services encompass a broad spectrum, including restructuring advisement, disputes and investigations, and comprehensive office of the CFO solutions. With expertise in these critical areas, Province is well-positioned to complement StoneTurn's offerings, culminating in a more integrated platform for clients navigating the increasingly complicated interconnections of financial, regulatory, and legal challenges.

The merger of StoneTurn and Province creates a robust, multidimensional advisory platform, enhancing the efficiency with which corporate clients, alongside their legal counsel, can address intricate matters from initial investigation to financial recovery or restructuring. This integration is set to foster greater consistency in strategic decision-making, expedite the response to issues, and enhance coordination across various operational, legal, and financial domains.

Christopher Martinez, Co-Founder and Chairman of StoneTurn, expressed his gratitude for Clearsight’s involvement, stating, "Their profound understanding of our business and the advisory landscape was pivotal throughout every phase of this process. The strategic insights they provided were invaluable, ensuring that we achieved an optimal outcome."

Joel Kallett, Co-Founder and Managing Director of Clearsight, underscored StoneTurn's exemplary reputation in dealing with investigative and risk challenges, noting, "This transaction not only reinforces StoneTurn's market position but also unlocks new avenues for delivering meaningful results in a fully integrated advisory setting."

Brendan Curran, Managing Director at Clearsight, shared his enthusiasm regarding the partnership, acknowledging that StoneTurn's triumph stems from not just technical proficiency, but from the integrity and dedication they exhibit in every endeavor. "Supporting their exceptional team through this significant milestone was a privilege. The partnership with Province will indeed bolster their capabilities and drive growth on a global scale," Curran added.

The Clearsight deal team that facilitated this transaction included notable members such as Joel Kallett, John Rakowski, Brendan Curran, Justin Loeb, Jonathan Holland, Ashton Neary, Conor Sokolowsky, and Christian McClaine—essential contributors who brought their expertise together to navigate this strategic acquisition.

For more information about Clearsight Advisors and their services, please visit their official website at www.clearsightadvisors.com. Clearsight Advisors is a wholly owned subsidiary of Regions Financial Corporation, specializing in delivering outstanding M&A and capital raising solutions for growth-oriented business services and technology firms. As a registered broker-dealer and member of FINRA and SIPC, Clearsight is committed to maintaining the highest industry standards for their clients.**

Topics Financial Services & Investing)

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