CI Capital Partners announced today that it has sold Hero Digital, the world’s leading independent customer experience company Hero Digital to AEA.
During CI Capital’s five year ownership period, Hero’s revenue increased more than six-fold through a combination of organic growth and five strategic add-on acquisitions – each of which bolstered Hero’s service offerings and empowered the company to expand geographically to five US cities.
Signal Partners assisted Hero Digital execute on its operating plan by successfully recruiting over 15 positions for the company, including its president, chief marketing officer, practice leads for data analytics and strategy, client services leaders and other mid-level roles.
David Kilimnik, CEO of Hero Digital, commented, ““Signal Partners has been more than a recruiting firm. They have helped me build my business. They are meticulous in their research, and bring the acumen of experienced business leaders to their recruiting conversations. They have invested significantly in understanding the true DNA of my company, and are able to represent us to candidates in the marketplace just as if they were part of our executive team.”
Joost Thesseling, Managing Director of CI Capital, said, “CI Capital is proud to have collaborated with Dave Kilimnik and the Hero team during the company’s extraordinary growth and transformation over the past five years. The Hero team has done an incredible job at rapidly scaling the company while maintaining an unwavering commitment to its clients and its employees. We look forward to watching what Dave and his team will accomplish in this next phase.”
Dave Kilimnik, also commented, “Joost and the entire team at CI Capital were outstanding partners during a critical period of explosive growth and exciting company transformation. We are grateful for their insight, support, and commitment to our vision of building a one-of-a-kind digital experience company.”