Strengthening support for private equity investors
Resultant has acquired Liberty Advisor Group, a Chicago-based consulting firm specializing in M&A advisory services for private equity firms and large enterprises. The acquisition strengthens Resultant’s ability to support clients across the entire deal lifecycle, combining Liberty’s strategic advisory expertise with Resultant’s deep capabilities in AI, data, technology, and digital transformation.
Liberty Advisor Group has built a strong reputation for helping investors and corporate leaders identify risk, uncover operational opportunities, and maximize value during acquisitions, integrations, and exits. Since its founding in 2008, the firm has supported more than 300 M&A transactions and delivered more than $1 billion in operating income improvement for clients.
Together, the firms create a unified platform for private equity sponsors and enterprise leaders navigating complex transactions and portfolio management.
From diligence to exit: a stronger platform for private equity
Private equity firms increasingly need partners who can do more than identify opportunities during diligence. They need advisors who can help execute the operational and technology initiatives required to realize value during the hold period and prepare companies for exit.
The combination of Liberty Advisor Group and Resultant delivers that continuity. Liberty brings deep expertise in M&A advisory, including technology diligence, operational strategy, integration planning, and value creation programs. Resultant complements that strategy with hands-on execution capabilities in data platforms, AI, cybersecurity, infrastructure modernization, and complex carve-outs.
Together, the firms reduce the friction that often occurs between strategy and execution. Initiatives that once required multiple consulting partners can now be delivered within a single organization, enabling faster execution and stronger continuity from diligence through exit.
The acquisition also adds approximately 30 experienced professionals to the Resultant team, including senior consultants with deep backgrounds in technology advisory, operations, and M&A program leadership.
Leadership continuity and shared vision
Liberty’s founding partner and CEO, Chad Smith, will join Resultant, continuing to lead the Liberty practice while expanding collaboration across the broader organization.
Joining Resultant creates powerful synergies for our PE partners and their portfolio companies. Our clients now have access to a significantly broader range of technical capabilities in AI, advanced analytics, and digital transformation—the primary levers for modern value creation.
Greg Layok, CEO of Resultant, noted that Liberty’s strategic advisory capabilities are a natural complement to Resultant’s execution expertise.
The addition of Liberty deepens our ability to support clients throughout the entire investment lifecycle. Together, we can help investors identify opportunities earlier, execute transformation initiatives faster, and ultimately maximize the value of their portfolio companies.
Building the next chapter of Resultant’s growth
The acquisition of Liberty Advisor Group marks Resultant’s fifth strategic acquisition as the firm continues expanding its capabilities and market reach.
- The 2018 acquisition of Connect Think expanded application and web development services.
- The 2020 acquisition Advocate Solutions brought expertise in public sector program management and call center solutions.
- The 2021 acquisition of Tempus Nova carried expertise in implementation of Google cloud solutions.
- The 2022 acquisition of Teknion Data Solutions embedded deeper expertise in private sector data warehousing and analytics.
Resultant, an Investcorp company, has steadily grown its presence in both the public and private sectors by helping organizations modernize technology, unlock the value of data, and execute complex transformation initiatives.
By bringing together Liberty’s advisory leadership and Resultant’s execution capabilities, the combined organization creates a powerful platform designed to help private equity firms and enterprise leaders navigate today’s increasingly complex investment landscape.
