Sale to Mercer
Baird served as the exclusive financial advisor to CPSG Partners on this transaction.
AboutCPSG Partners LLC (“CPSG” or the “Company”) was recently acquired by Mercer, a division of Marsh & McLennan Companies, Inc. (NYSE: MMC). The terms of the transaction were not disclosed.
CPSG is a premier Workday services partner certified to deploy Workday Financial Management and Workday Human Capital Management (HCM) for clients across a wide variety of industries. The Company is exclusively focused on Workday and utilizes proprietary tools and best practices to help more than 125 clients with operations around the world maximize the strategic benefits from Workday. With nearly 200 Workday-certified consultants, CPSG has a track record of delivering intellectual property and high-value services in order to help deploy and extend the value of Workday for its clients. CPSG was founded in 2012 and is headquartered in Dallas, Texas.
Mercer is a global consulting leader in talent, health, retirement and investments. Mercer helps clients around the world advance the health, wealth and performance of their most vital asset – their people. Mercer’s more than 20,000 employees are based in 43 countries and the firm operates in over 140 countries. Mercer is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), a global professional services firm offering clients advice and solutions in the areas of risk, strategy and people. With 57,000 employees worldwide and annual revenue exceeding $13 billion, Marsh & McLennan Companies is also the parent company of Marsh, a global leader in insurance broking and risk management; Guy Carpenter, a leader in providing risk and reinsurance intermediary services; and Oliver Wyman, a leader in management consulting. Mercer is headquartered in New York, New York.
For additional information about this transaction, please contact:
- December 2015
- CPSG Partners
- Technology & Services
- Target Geography
- North America
- Acquiror Geography
- North America
BGRS, a subsidiary of Relo, combination with SIRVA, a portfolio company of MDP
BHI, a portfolio company of AEI, acquisition by Westinghouse, a portfolio company of Brookfield