Global alternative assets investment firm H.I.G Capital announced today that its business advisory firm Riveron Consulting has acquired ESG strategy and investor relations services company Clermont Partners.
Co-founded in 2015 by Elizabeth Saunders and Victoria Sivrais, Clermont is a consultancy specializing in ESG communications and strategy, investor relations (IR), and transaction communications. The firm has a team of 35 ESG and financial communications specialists in Chicago and Washington, DC.
Keval Patel, Managing Director at H.I.G., said:
“We are extremely excited to welcome Elizabeth, Victoria, and the entire Clermont team to the Riveron platform. ESG is an increasingly critical part of the private and public company regulatory and reporting landscape, and the addition of Clermont Partners further strengthens Riveron’s ability to serve clients with these evolving needs.”
Riveron is a national business advisory firm specializing in accounting, finance, technology, and operations. Following the transaction, the company will launch a new ESG and Strategic Communications practice, to be led by Saunders and Sivrais.
Saunders and Sivrais said:
“The combination of Riveron’s gold standard national advisory services platform with Clermont’s investor intelligence and transactions expertise and seasoned team of climate risk, human capital, and governance experts will provide clients with the strategies and solutions required to optimize profitability and valuation throughout the business lifecycle.”
According to Riveron, the acquisition will strengthen its ESG offering and introduce new investor relations and transaction communication capabilities to help customers enhance their engagement with investors, and communicate more effectively against the backdrop of increasingly complex and evolving capital markets.
Julie Howard, Riveron CEO, said:
“The addition of the talented Clermont team will be a powerful accelerant as we help our clients navigate a heightened regulatory environment and investor, employee, and customer scrutiny on social and environmental issues. Through this combination, we will deliver an impactful end-to-end ESG and strategic communications offering for corporate management teams to operationalize, report, and more effectively communicate their company’s ESG metrics and commitments to potential investors and acquirers.”