Lexington, Massachusetts (PRWEB) October 25, 2012
The Ariel Group, a full-service leadership training and coaching company headquartered in Lexington, Massachusetts announces its recent sale to Renovus Capital Partners. The Ariel Group uses a theater-based experiential methodology to teach leadership and communication skills to business executives and nonprofit leaders.
The Ariel Group serves a diverse, international mix of Fortune 1000 businesses, major business schools and executive education programs. Customers include Proctor & Gamble, American Express, Duke University and Thyssen-Krupp.
“Partnering with Renovus represents a great opportunity for the Company,” noted Sean Kavanagh, Ariel Group CEO. “The Renovus team has had a lot of experience in the training sector and not only brings financial resources but also a real understanding of the marketplace and growth opportunities. We think that together we can build on the Ariel platform to create a much larger business in the years to come.”
“Sean and his team have built a solid business with a unique offering,” added Atif Gilani, a Renovus founder. “The Company’s ongoing success in the MBA, Executive Education and Consulting sectors really highlights the strength of its value proposition and its market leadership. Within their niche they are the best of the best. ”
“We are very excited to be partnering with Ariel’s management team to take the Company to the next level,” concluded Brad Whitman, a Renovus founder. “The Company’s training methodology can be easily extended to other areas like presentation skills and sales training that would provide significant opportunities for growth. With backing from Renovus, Ariel will have the resources to make these investments and really scale the business.”
With the transition of ownership to Renovus, Ariel Group founders will be starting a nonprofit organization to provide world class coaching in leadership presence for those transforming challenged schools into resilient and inspiring learning environments. “We are thrilled to be able to help school leaders - principals, teachers, and administrators - powerfully enroll others in their vision of how to promote student learning and close the achievement gap,” notes founder Belle Halpern.