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Avesi Partners announces investment in memoryBlue

STAMFORD, Conn., June 21, 2022 /PRNewswire/ — Avesi Partners (“Avesi”) announced that it has invested in memoryBlue, LLC (“MB” or the “Company”), a leading provider of outsourced sales development services for the technology industry. Partner with co-founders Chris Corcoran and Marc GonyeaAvesi’s investment will support MB’s initiatives to expand the company’s geographic reach and level of service and help management meet unprecedented market demand for its services.

Based in Tysons, VA with additional offices in Austin, Boston, denver, Seattle, and Silicon Valley, MB serves as an outsourced sales development consultant for technology companies across the United States. As it grew, MB continued to expand its service offering to include direct recruiting and sales training services, enabling the company to serve as a true sales acceleration partner. for its customers. As the demand for talent escalates and the proliferation of technology in the economy intensifies, companies will continue to seek the value-added, outsourced and variable-cost services that MB provides.

“We are incredibly proud of the organization and the culture we have built over the past 20 years,” said Chris Corcoran, co-founder and managing partner of MB. “Avesi is the perfect partner for us as we enter our next stage of growth. The support of the Avesi team to help us expand our geographic presence and grow our service offering, while maintaining our differentiated culture and our exceptional delivery standards, will be key to driving MB’s continued success.”

Despite our progress to date, we only see this as a start,” added Marc Gonyea, co-founder and managing partner of MB. “We have a tremendous opportunity ahead of us, and we couldn’t be more excited to partner with Avesi for these next chapters of our growth. Avesi’s experience with high-growth outsourced service companies will be invaluable as we grow our capabilities.

“Chris, Marc and the entire team at MB have built an exceptional culture and brand in the outsourced sales development industry,” said Chris Laitala, Managing Partner at Avesi Partners. “The company offers a very valuable set of services to the technology ecosystem, and we are excited to work alongside management to continue to expand MB’s reach.”

“MB’s track record of growth, diverse customer base and differentiated business model make it a truly unique company in a rapidly growing industry,” added Chris Williams, Partner at Avesi Partners. “We look forward to partnering with the team and providing strategic and financial support as the company works towards achieving its long-term vision.”

Bass, Berry & Sims LLP and Clearsight Advisors, Inc. acted as legal counsel and financial advisor to Avesi, respectively.

About memoryBlue

MB is a sales development consulting firm that specializes in helping a wide range of high-tech clients accelerate the growth of new businesses. The company gives its customers a competitive advantage in the scope and effectiveness of their sales development efforts. In addition to providing outsourced sales development, MB offers its clients a direct-to-hire offering, focused on placing candidates directly into technology sales roles, and a sales training service called “Academy”. After more than two decades of industry leadership in the outsourced sales development space, MB has built a powerful alumni network that spans coast to coast. This group includes hundreds of accomplished alumni in both individual contributor and sales leadership positions within the high-tech industry. Additional information is available at memoryblue.com.

About Avesi Partners

Avesi Partners is a leading private equity investment firm with $880 million of equity under management. Situated at Stamford, Connecticut with an office Richmond, Virginia, Avesi is focused on partnering with lower-middle-market, private and family-owned businesses in key sectors of the economy, including healthcare, insurance, technology and business services. Avesi seeks to provide the expertise and resources necessary to enable companies to achieve their complete vision in a time and capital efficient manner. Avesi works with families, founders and leaders to accelerate growth and expansion, while positioning companies for long-term success and lasting value. Additional information is available at avesipartners.com.

Contact for public media: [email protected]

SOURCE Avesi Partners

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