CLEVELAND AND DALLAS-(BUSINESS WIRE)–Align Capital Partners (“ACP”) is pleased to announce the sale of its interest in WilliamsMarston LLC (“WilliamsMarston,” the “Firm” or “WM”) to Kelso & Company (“Kelso”). Headquartered in Boston, Massachusetts, WilliamsMarston is a differentiated national leader in providing comprehensive accounting, tax and valuation consulting services. Since ACP’s initial investment in July 2020, the firm has achieved transformational growth under the leadership of WM co-founders Landon Williams and John Marston.
By all accounts, it was a highly successful partnership. Today, WM is a larger and more diversified provider of comprehensive financial advisory services to a growing client base in the United States. Over the past two years, the WM team has grown to more than 225 of the industry’s leading professionals. Growth was driven by expanding existing customer relationships, adding new customers through best-in-class customer service and completing six add-on acquisitions. These acquisitions helped expand the firm’s service offerings and helped WM add top talent consistent with its highly respected brand and culture of team collaboration.
On ACP’s investment, John Marston said: “We are excited to begin this partnership and accelerate our growth in new geographic markets, while expanding our capabilities and offering services to better serve our loyal and expanding customer base. Many of these goals have been realized over the past two years as WM entered five new geographic markets and added three new service lines. WilliamsMarston serves more than 1,000 clients, including large multinational public entities, private equity-backed platforms and pre-IPO growth companies.
“Together with WM’s management, we significantly exceeded our investment goals,” said ACP Managing Partner Chris Jones. “The WM team has been an outstanding partner for ACP and our investors, and we are extremely grateful for their efforts and achievements over the past two years. The firm has achieved remarkable growth while maintaining an unwavering commitment to its brand, customers and people. All of us at ACP are excited to watch WM’s continued growth and success.”
“We chose to partner with ACP given the cultural fit of our teams and their experience in helping companies achieve transformational growth,” said John Marston. “Their team supported our growth where we needed help and did so in a collaborative manner with a shared vision for the future.”
“John and I are excited to continue to lead our team of talented experts who are laser-focused on providing the highest quality service to their clients,” said Landon Williams. “While still early in our firm’s evolution, partnering with Kelso is an exciting next chapter in our growth story that will accelerate our long-term aspirations.” We remain fully committed to our mission and are already hard at work with the Kelso team charting the course for the next few years and the exciting things on the horizon!”
Partner Matt Beasley, Operating Partner Dave Perotti and Senior Associate Aaron Lewis were also key members of ACP’s investment team. William Blair, Houlihan Lockey and BellMark Partners are acting as financial advisors to WM, and Kirkland & Ellis LLP is serving as legal counsel to the firm.
About WilliamsMarston LLC
WilliamsMarston is a national accounting, tax and valuation consulting firm founded in 2014. With over 225 professionals and offices in Boston, New York, Atlanta, Dallas, Denver, Tucson, Southern California and the Bay Area, the firm advises public, private equity backed and pre-IPO companies managing rapid growth and transformation, including mergers, acquisitions, spin-offs, spin-offs, initial public offerings, complex technical accounting, corporate tax and restructuring. With a growing team of industry-leading experts, WilliamsMarston is the CFO’s most trusted advisor through their most complex transactions and critical initiatives. For more information, visit williamsmarston.com.
About Align Capital Partners
Align Capital Partners is a growth-oriented private equity firm that partners with business owners and management teams to create shared success. ACP manages $775 million in committed capital with investment teams in Cleveland and Dallas. ACP brings expertise and resources to help lower middle market companies accelerate their growth for the benefit of the firm’s management, employees and investors. ACP makes controlling investments in differentiated companies within the business services, technology, specialty manufacturing and distribution sectors. For more information, visit aligncp.com.