Gridiron Capital, an investment firm focused on partnering with founders, entrepreneurs, and management teams, has completed its investment in Vistage Worldwide (Vistage), a CEO coaching and peer advisory organisation for small and midsize businesses (SMB).
Members of Vistage’s executive management team have also invested in the company alongside Gridiron, underscoring their confidence in and commitment to Vistage’s continued success.
Since 1957, Vistage has been bringing together groups of high-performing CEOs through a proven leadership experience that delivers results both personally and professionally. When leaders come together in their confidential Vistage private advisory group meetings, they gain the perspective, clarity and support to help them become better leaders and accelerate their company’s growth. More than 27,000 Vistage members worldwide also have access to expert speakers, personalised coaching sessions, and international networking. Under the guidance of their Chair – an accomplished former CEO dedicated to helping others grow – members come together to share expertise, challenge one another to think critically and arrive at better decisions.
Truist Securities served as financial advisor and Finn, Dixon & Herling LLP served as legal counsel to Gridiron. Macquarie Capital served as financial advisor to Vistage; Ropes & Gray along with Stradling Yocca Carlson & Rauth served as legal counsel.
Financial terms of the transaction have not been disclosed.