Capstone Partners Advises Caliper on its Acquisition by PSI Services LLC

Capstone Partners, advised Caliper, a talent management solutions company, on its acquisition by PSI Services LLC (PSI), a global workforce solutions provider.

Caliper leverages decades of data and validated assessment results to provide deep insights into employee and candidate potential, predict job performance, and uncover developmental opportunities for the workforce. For nearly 60 years, Caliper has helped over 65,000 organizations worldwide to improve critical aspects of managing talent. Caliper is the leading provider of talent management solutions for organizations hiring and developing employees.

There are three things one should never discount – your brain surgeon, your parachute packer, and importantly, the investment banking advisor/team that will ensure the greatest inurement of value from a transaction to shareholders and stakeholders. The Capstone team excelled providing the industry knowledge and adept negotiating skill to complete a watershed transaction for everyone at Caliper.

Steve WillsExecutive Chairman, Caliper

Mark Greenberg, CEO of Caliper, commented, “When my father founded Caliper in 1961, he was driven by the goal of recognizing potential and improving organizational effectiveness through the selection of well-matched talent, specifically high-performing sales talent. I am extremely proud to have Caliper’s team join PSI, who shares our passion for combining science with technology in order to drive valuable outcomes for our customers.”

Steve Wills, Executive Chairman of Caliper, commented, “There are three things one should never discount – your brain surgeon, your parachute packer, and importantly, the investment banking advisor/team that will ensure the greatest inurement of value from a transaction to shareholders and stakeholders. The Capstone team excelled providing the industry knowledge and adept negotiating skill to complete a watershed transaction for everyone at Caliper.”

“Given the legacy that the Greenberg family and Caliper had built in the industry, it was extremely important for us to identify the best strategic partner to carry on that legacy,” said Jacob Voorhees, Managing Director at Capstone Partners. “Throughout that process, it became clear that PSI would be the best partner to ensure that the Company Herb Greenberg built over the last five decades would remain an industry leader.”

“Caliper has been a leader in the talent assessment space for decades, and we have always greatly admired their approach to helping organizations recruit and develop the highest performing sales talent,” said Peter Celeste, President of PSI. “Combining the flagship Caliper Profile together with the Caliper Precision Series, which provides new innovations in sales development, we knew it would be the perfect fit to further strengthen and diversify our assessment portfolio. We look forward to welcoming the Caliper team and products to the PSI family.”

PSI is a global workforce solutions provider that designs robust solutions for our clients by blending best-in-class assessment content, leading-edge technology, and deep consulting expertise across the entire career life cycle. PSI has over 70 years of experience providing worldwide testing solutions to a wide variety of customers across public and private sector industries, ranging from small businesses to global enterprises, leading academic institutions, and government organizations.