Richardson Sales Performance Acquires Challenger

Truelink Capital Acquires Richardson Sales Performance

July 24, 2023

Professional Services

Truelink Capital, a Los Angeles-based middle-market private equity firm, has acquired Philadelphia-based Richardson Sales Performance, a global sales training and performance-improvement firm founded in 1979. Truelink said it will support Richardson's growth through strategic investments, organic expansion and further M&A while Richardson's existing management team remains in place.

Richardson Sales Performance Acquires e4enable

February 1, 2024

Cloud & SaaS

Richardson Sales Performance has acquired e4enable, a Manchester-based competency intelligence sales enablement platform, to expand its analytics and enablement capabilities. The transaction is supported by Richardson's financial sponsor, Truelink Capital, and is an add-on to strengthen Richardson's technology-driven sales performance offerings.

Kartesia Acquires Richardson from ClearLight Partners; Merges Richardson with Sales Performance International (SPI)

November 22, 2019

Professional Services

Kartesia, an independent European private investor, acquired Richardson — a Philadelphia-based provider of tech-enabled enterprise sales training — from ClearLight Partners and will merge it with Kartesia’s existing portfolio company, Sales Performance International (SPI). The combination creates a global sales training leader with a comprehensive suite of classroom and digital learning, CRM-enabled execution tools, and measurement capabilities to serve large enterprise clients.

Resilient Energy Signs LOI to Acquire Challenger Aerospace & Defense Inc.

February 22, 2024

Aerospace & Defense

Resilient Energy, Inc. (OTC: RENI) announced a letter of intent to acquire 100% of Challenger Aerospace & Defense Inc. (also described as Challenger Aerospace Systems) and two operating subsidiaries, gaining product lines, intellectual property and over $3 million in purchase orders. The acquisition is intended to expand Resilient Energy’s operations into the unmanned aerial vehicle (UAV)/drone market and accelerate revenue growth, margin expansion and cash flow generation.

Truelink Capital Acquires R/GA from Interpublic Group

March 3, 2025

Marketing & Advertising

Truelink Capital, a private equity firm, has acquired R/GA, the creative innovation company, from Interpublic Group. Financial terms were not disclosed; Interpublic said the sale lets it sharpen focus on its core strategic offerings.

Truelink Capital Acquires SouthernCarlson from Kyocera Corporation

February 10, 2026

Industrial Services

Truelink Capital has acquired SouthernCarlson, a leading U.S. distributor of fasteners, tools, packaging and construction supplies, from Kyocera Corporation. The transaction is supported by a senior secured credit facility co-led by Bain Capital Credit and Goldman Sachs Alternatives to finance Truelink's purchase; SouthernCarlson will operate as an independent, nationwide platform to pursue organic growth and strategic M&A.