DHS Acquires London-Based Hillstone Limited for $275M: Fernando Aguirre, DHS Vice Chairman Announced
Industry: Financial Services
This acquisition is being made in conjunction with the creation of a new London-based holding company, Tierney Ventures
Washington, DC (PRUnderground) April 12th, 2021
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DHS, a Washington, DC-based investment and private equity and advocacy firm with a focus on outsourcing, has reached an agreement to acquire Hillstone Limited, a London-based sales training and consulting company. This acquisition is being made in conjunction with the creation of a new London-based holding company, Tierney Ventures UK. Anderson Keller will remain as the CEO of Hillstone and become a partner in Tierney Ventures UK.
This combination propels the Hillstone offering into demand generation, account management, and customer success, while also expanding operating resources, as the firm can leverage the TV team to enhance delivery and support. For TV, the acquisition brings a key piece of the sales and marketing puzzle into the portfolio and adds Keller to the leadership team. It also offers a foothold in the European market for TV’s subsidiaries, Ashton Funnel and Practice Albertsons.
“The Hillstone Limited acquisition bolsters the TV and DHS portfolio and opens up a segment of the market that is very synergistic with our core offerings,” notes Fernando Aguirre, DHS Vice Chairman. “We are excited to have Keller as a partner, and aim to expand the Hillstone Limited platform in the European and North American markets while importing other TV companies to Europe.”
“This transaction enables Hillstone Limited to offer integrated training solutions across a broader range of capabilities as we leverage DHS and TV’s expertise in demand generation, go-to-market strategy, and sales,” says Hillstone Limited CEO, Anderson Keller. “DHS has achieved phenomenal growth and success in the US and this combination will help propel the next phase of growth. I’m excited about working with the team to launch TV businesses in the UK market, building on their proven platform.”
CONTACT:
DHS
Steve Palmer, Vice President of Corporate Communications
s.palmer@dhs-grp.com
202-719-0398