Beacon Global Strategies (BGS), a leading strategic advisory firm specializing in national security, emerging technology and global affairs, announced an investment by ICV Partners, a private equity firm focused on middle market growth companies. The purpose of the investment is to help BGS scale rapidly to meet growing demand from its clients for strategic advice in the areas of government policy, government procurement, due diligence, cross-border transactions, geopolitical and risk analysis, technology policy, export controls, supply chain risks, cyber risks, and strategic communications.
Also Read: Leyline Renewable Capital Investment Brings Landfill Gas Facilities to North Carolina
“In the 9 years since our founding, Beacon Global Strategies has grown to become one of the leading firms advising clients on the full range of national security issues – from policy and regulatory matters, to procurement opportunities, to transaction support, geopolitical analysis, and diligence and risk assessment projects. The world is changing, and every CEO and senior leader needs to understand how world events are impacting their employees, their customers, their supply chains, and their reputations,” said Andrew Shapiro, Managing Director of BGS. “Our partnership with ICV enables us to pursue our next stage of growth and continue to provide the highest quality services to our clients. In addition, we look forward to benefiting from ICV’s longstanding experience working with high growth companies in the business services sector.”
“We are excited to be partners with the entire leadership team at Beacon. We are striking a partnership with Beacon Global Strategies at a critical time in their evolution. ICV’s prior success working with professional services firms to accelerate growth and to scale is an excellent match with BGS’ desire to implement best practices in the areas of human capital management, operations, and leadership development. In partnership with the BGS leadership team, we believe we can continue to build upon a world-class organization that can grow to meet existing clients’ needs as wells as the growing demand for the Company’s services in the marketplace,” said Jermaine Warren, Principal for ICV Partners.
Under the terms of the transaction, Beacon’s Managing Directors – Michael Allen, Jeremy Bash, Andrew Shapiro, Kristin White, and Lauren Bedula – will continue to manage BGS’s day-to-day operations, servicing clients and accelerating the growth of the firm. BGS’s Senior Counselors, Former Secretary of Defense and CIA Director Leon Panetta and former CIA Acting Director Michael Morell, will continue to serve in those roles.