MSD Partners Makes Strategic Investment in Digital Consulting Firm West Monroe Partners
Posted on 10/15/2021
Formed in 2002, West Monroe Partners LLC (West Monroe) is a digital consulting firm with eight U.S. offices and 2,000 employees across the globe. MSD Partners, L.P. signed a deal to make a strategic investment in West Monroe. Chairman & CEO Kevin McCarty and the rest of West Monroe’s senior management team will continue to lead the company following MSD’s investment. Following the investment, which is expected to close in November 2021, MSD Partners will have a 50% ownership stake in West Monroe. The leadership team at West Monroe will remain intact and the company will be jointly governed by a 50/50 split of representatives from MSD and the employee-owners of West Monroe.
Guggenheim Securities, LLC and Macquarie Capital acted as financial advisors to West Monroe. Katten Muchin Rosenman LLP, Mayer Brown LLP, and Polsinelli acted as legal counsel to West Monroe. Houlihan Lokey advised MSD Partners. Blackstone Credit and Owl Rock Capital provided financing for the transaction.
MSD Partners was formed in 2009 by the partners of MSD Capital, L.P., which is the family investment office for Michael Dell, the Founder & CEO of Dell Technologies. MSD Capital was originally established in 1998. Michael Dell and his family are substantial clients of MSD Partners.