01/21/2025

Citizens Advises Pearl Meyer on its Growth Recapitalization by Coalesce Capital

PROVIDENCE, RI – Citizens M&A Advisory® announced today that it served as the exclusive financial advisor to Pearl Meyer & Partners, LLC, a leading executive compensation and leadership consultancy, on its growth recapitalization by Coalesce Capital.

Main Street Capital Corporation, a Houston-based principal investment firm, has exited its investment, and Pearl Meyer's management team retains a meaningful stake in the company. Pearl Meyer CEO Beth Florin will continue to lead the company alongside its management team.

Pearl Meyer is the leading independent advisor to boards and senior management, helping organizations build, develop and reward leadership teams that drive long-term success. The company offers strategy-driven compensation, leadership and governance consulting services.

“We appreciate the Citizens team’s efforts and unwavering support throughout the entire process,” said Main Street Capital Corporation Managing Director Colton Braud. “Their ability to craft and communicate a compelling story to the market, leverage a network of suitable potential partners and expertly navigate transaction nuances ultimately delivered a successful deal for all parties.”

“Citizens leveraged deep sector expertise and worked tirelessly to understand and communicate our culture, vision and growth story. The Citizens team was exceptional to work with and instrumental in securing a tremendous outcome through an efficient and competitive process,” said Florin. “We could not be more thrilled with our new partners at Coalesce Capital as our company begins a new chapter.”

“The Pearl Meyer team has built an extraordinary and differentiated business. In partnership with Coalesce Capital, Pearl Meyer is well-positioned to continue growing and finding unique and innovative ways to serve its stakeholders,” said Citizens Managing Director Alan Bugler. “We are excited to follow their continued success.”

Citizens M&A Advisory specializes in middle-market mergers and acquisitions. Citizens combines sector intelligence with a client-focused approach to realize our clients' true value. The Citizens team has more than 100 M&A professionals specializing in a range of industries across the United States. Citizens M&A Advisory is part of Citizens JMP Securities, LLC, a subsidiary of Citizens Financial Group (NYSE: CFG).

About Citizens Financial Group, Inc.

Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $217.5 billion in assets as of December 31, 2024. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Citizens helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a full-service customer contact center and the convenience of approximately 3,100 ATMs and approximately 1,000 branches in 14 states and the District of Columbia. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. In Commercial Banking, Citizens offers a broad complement of financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, interest rate and commodity risk management solutions, as well as loan syndication, corporate finance, merger and acquisition, and debt and equity capital markets capabilities. More information is available at www.citizensbank.com or visit us on X (formerly Twitter), LinkedIn or Facebook.

The testimonials presented are applicable to the individuals depicted and may not be representative of the experience of others. The testimonials are not paid and are not indicative of future performance or success.