Livingstone Partners, an investment banking firm, announced it has advised Hillard Heintze, a provider of strategic security risk management and investigation services, on its sale to Jensen Hughes, a portfolio company of Gryphon Investors. Livingstone acted as exclusive financial advisor to Hillard Heintze.

Chicago-based Hillard Heintze, founded in 2004 by former U.S. Secret Service Agent Arnette Heintze, has earned accolades for setting new world class service standards for customized solutions that help organizations identify and manage risk to their people, property, performance and reputations. 

“This is a very exciting day for us,” said Hillard Heintze founder and CEO, Arnette Heintze. “Joining Jensen Hughes is the most powerful and promising way to continue to meet our vision to be trusted around the world to protect what matters. When I decided to explore transaction alternatives, I set clear goals for what I wanted to accomplish and searched for an advisor that would construct a process designed to meet those objectives. Livingstone provided expert advice and guided us to this tremendous outcome for the company.” 

“Hillard Heintze is a world leader and innovator in security risk management, and we are pleased to complete a transaction with an ideal partner in Jensen Hughes,” said Andrew Bozzelli, partner, Livingstone Partners. “The sale of Hillard Heintze represents another successful transaction for us in the security industry as well as achieving a great outcome for a founder-operated business.” 

Mayer Brown served as legal counsel and Plante Moran provided accounting services to Hillard Heintze on this transaction.