SolomonEdwards Acquires 29Bison
For additional information please contact:
Mike Donohoe, Senior Manager, Media Relations & Communications
SolomonEdwards Acquires 29Bison
Philadelphia-based firm 29Bison is the leading Middle Market transaction services provider specializing in human capital and private equity due diligence.
Philadelphia, PA May 23, 2023 - SolomonEdwards, a national professional services firm, is proud to announce the acquisition of 29Bison – a human capital advisory organization for the investment community – specializing in performing due diligence, value optimization, and pre- and post-transaction services. 29Bison helps companies evaluate and design the optimal human capital strategy across leadership and culture, benefits and total rewards, technology, operations, and overall organizational design.
29Bison also assists clients in preparing for exits and transformative initiatives conceived through the human capital lens – capabilities that SolomonEdwards is looking forward to capitalizing on as part of its strategic expansion of professional services offerings.
Through its aggressive expansion strategy, SolomonEdwards received a significant investment from Renovus Capital Partners in April 2022. The capital infusion followed a period of record-setting growth for SolomonEdwards, allowing the company to make additional investments in its team and delivery capabilities, and accelerating its presence in the marketplace.
Laura Kellers Queen, Ed.D., Co-Founder & Chief Executive Officer of 29Bison, will become Chief People Officer of SolomonEdwards, overseeing SolomonEdwards’ own human capital while continuing to play a pivotal role in the Human Capital consulting practice, which will be led by 29Bison Co-Founder Jason Wood. “29Bison has a strong, established history of serving acquirers to address risks ahead of a transition,” says Queen. She adds: “It is quite fitting that this is also a sweet spot and targeted growth area for SolomonEdwards. Our combined talents, expertise, and systems will merge real-world experience with data-driven insights to solve complex business transaction challenges.”
Scott Balestrier, SolomonEdwards’ CEO, says: “The addition of 29Bison fits our focused growth strategy and supports the human capital needs of private equity firms, their portfolio companies, and corporate acquirers. 29Bison is the second strategic acquisition by SolomonEdwards in 2023, following the February acquisition of OpenGate, a Salesforce-focused technology consultancy.” Balestrier adds: “SolomonEdwards has always been – and will continue to be – a fully integrated, competitive, and industry-leading professional services firm. Our recent expansion enables us to offer our clients technology and human capital solutions in addition to our longstanding accounting & finance and business transformation offerings.”
29Bison is a human capital advisor for the investment community, performing due diligence, value optimization and pre- and post-transaction services. We combine data-driven inquiry with a strengths-based, people-centric approach – resulting in appreciating [human] capital. For more information, please visit www.29bison.com.
SolomonEdwards is a national professional services firm focused on strategy execution. By providing exceptional people for complex situations, we deliver subject matter expertise, apply proven project delivery models, and design custom solutions. We focus on the areas of Accounting & Finance, Business & Technology Transformation, Governance, Risk & Compliance (GRC), and Transaction & Regulatory Advisory Services. For more information, please visit www.solomonedwards.com.