Boston, MA – October 30, 2020 – BDO Capital Advisors, LLC (BDO Capital) is pleased to announce the sale of Perfect Creation, Inc., d/b/a iPEC Coaching (iPEC, or the Company) to Eureka Equity Partners (Eureka), a private equity firm. BDO Capital served as exclusive financial advisor to iPEC on the transaction, which builds on the firm’s experience working with founder-owned companies in the education and training industries.
iPEC is a leading provider of coach training and certification solutions to the worldwide professional coaching industry. Eureka partnered with iPEC’s senior management team in its acquisition of iPEC, representing Eureka’s second platform investment in its recently closed Eureka IV, L.P.
Headquartered in Shrewsbury, New Jersey and accredited by the International Coaching Federation, iPEC offers coaching certifications to its students through both fully virtual and live training formats in North America, Europe and Asia. In addition to its core training and certification business, the Company also provides training and coaching services to corporations and business support tools to the professional coach industry.
“We are very excited to partner with CEO Joan Ryan and the rest of the outstanding team at iPEC in the next phase of the Company’s growth,” said Chris Miller, a Partner with Eureka who joined the Board of iPEC at the close of the transaction. “iPEC’s proprietary content and unique pedagogy have combined to drive both professional and personal transformational development for its program participants. We look forward to supporting the Company’s continued growth and expansion into complementary service lines to further support its highly loyal alumni base of over 15,000 graduates.”
“iPEC Coaching has always been focused on creating a tremendous and positive impact in the world,” stated iPEC CEO Ms. Ryan. “Selecting the right partner to help us grow that impact meant finding a group that was aligned with our values of integrity, community, honesty, and openness. Throughout the entire process, Eureka demonstrated those values along with a deep commitment to our team.”
“As a highly sought after Company, we were in a great position to be extremely selective in finding the right partner, and from moment one in our interactions, the Eureka team made it very clear to us that they were exactly what we were hoping for,” added iPEC’s founder Bruce Schneider. “We look forward to the continued interactions with Eureka and expect that their resources, knowledge base, and determination will ensure a continued history of exponential growth while, at the same time, truly enjoying the journey.”
