COLUMBUS, OH, Sept. 19, 2017 – Capital Alliance Corp. advised in the recent spinoff of a portion of Sequent Inc. to a member of its management team.
Sequent’s wholly owned subsidiary, Sequent HR Consulting, was sold to Change 4 Growth, a new company founded by Beth Thomas, who served as managing director and executive vice president of Sequent HR Consulting until the spinoff.
Dallas-based Capital Alliance Corp. (www.cadallas.com), a mid-market investment bank, provided consultancy services to Sequent as part of the transaction.
Sequent HR Consulting was established in 2004 to enhance leadership effectiveness and improve employee engagement with large clients outside the PEO industry target demographic. “This was a natural extension of Sequent Inc.’s HR outsourcing business, which is geared toward small and mid-sized businesses. The consulting division grew nicely over the past 10 years by offering a full suite of strategic organizational development services,” said William F. Hutter, Sequent CEO.
“The creation of Sequent HR Consulting is just the latest example of how we have allowed our employees to benefit from a division that has achieved enough growth and success that it can now stand on its own,” Hutter said.
Brad Buttermore, managing partner of Capital Alliance, said the spinoff made good sense for Sequent and acquiring company, Change 4 Growth. “We appreciate the opportunity to work with the shareholders of Sequent Inc., to monetize this valuable asset,” he said.
About Sequent Inc.
Based in Columbus, Sequent serves the small and mid-sized business market as a consulting and outsourcing company offering a full range of integrated HR support services such as a member-only health fund, government compliance, HR administration, payroll management, HR audits and assessments, talent recruiting and much more. Sequent Inc. is located at 8415 Pulsar Place, Suite 200, Columbus, Ohio 43240.
About Change 4 Growth
Change 4 Growth will build off the solid reputation that Sequent HR Consulting has earned in the marketplace for more than 10 years, serving clients that include American Eagle, Safelite AutoGlass, Cardinal Health, LBrands, Worthington Industries, PetSmart, Chico’s, T-Mobile and others. Change 4 Growth is at 371 County Line Road, Suite 100B, Westerville, Ohio 43082.
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About Capital Alliance Corp.
Capital Alliance Corp. is a global mid-market investment banking firm, providing consulting services for mergers and acquisitions. The company represents client companies in a variety of markets, including human capital management, energy, technology, construction and engineering, manufacturing and business services. Since its founding in 1976, the privately held firm has completed more than 200 transactions with an aggregate transaction value exceeding $3 billion. For three decades, Capital Alliance has been a member of Oaklins, formerly M&A International, a membership organization of investment banking firms operating in the major economies of the world.
Capital Alliance Corporation
2777 N. Stemmons Freeway, Suite 1220
Dallas, TX 75207
(214) 638-8280
www.cadallas.com
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Capital Alliance Media Contact
Barbara Hyman, barbara@hopkinspr.com, 214-619-6110