JEGI CLARITY, a leading M&A advisory firm with a 37-year history serving the media, marketing, information, and legal market sectors, and Leonis Partners, a premier 12-year-old advisory firm specializing in software, fintech, and technology transactions, announced today the signing of a definitive agreement to combine the two companies in a strategic transaction (the “Transaction”). Upon closing, the combined firm, JEGI CLARITY LEONIS (“JCL”), will create a powerhouse platform for M&A and private capital markets capabilities, serving the dynamic and evolving global economy.
The Transaction unites two firms with complementary strengths, expanding sector coverage, deepening transaction expertise, and enhancing global reach. JCL will be headquartered in New York and London, with a team of 100 professionals worldwide, including a substantial presence in Sydney and Boston. Collectively, the firms closed 35 transactions in 2024, approaching $5 billion in deal volume with six transactions closed YTD through February 28, 2025.
In North America, JCL will be co-led by Robert Koven, Founder & Managing Partner of Leonis Partners, and Scott Mozarsky, a Managing Director at JEGI CLARITY, as Co-CEOs, with Doug Stowe serving as President & COO. Wilma Jordan, Founder & CEO of JEGI CLARITY, will assume the role of Executive Chair, North America. In Europe, JCL will be co-led by Marcus Anselm, San Datta, Jonathan Davis, Robert Koven and Richard Vaughan and Asia Pacific will be led by Ben Tolley.
The global leadership team is dedicated to maintaining the client- centric, best-practice approach that has defined both firms’ legacies. “This transaction brings together two firms with exceptional reputations, complementary expertise, and a shared commitment to delivering outstanding results for our clients,” said Wilma Jordan. “We are grateful to the clients we’ve had the privilege to serve, whose trust has fueled our success. By blending our firm’s deep-rooted experience with Leonis’ fresh, innovative perspective and its strength in software and technology, we are future-proofing our business for the decades ahead, with the combined scale, sector depth, and global reach to deliver an unparalleled advisory platform.”
Robert Koven added, “JEGI CLARITY’s legacy and industry leadership are second to none. Over months of planning, it became evident that our firms share a culture of excellence, integrity, and client-first values. By combining our expertise, we create an even stronger platform with broader industry coverage and deeper market insights, ensuring superior outcomes for our clients.”
JCL will focus on transactions ranging from $50 million to $500 million, while maintaining the capacity to manage deals that fall outside of this spectrum. The firm’s expanded sector expertise includes tech-enabled business services, legal tech and services, information, marketing, media, software, payments, telecom, and technology, reflecting the growing convergence of technology and services across many of these industries.
The Transaction diversifies the firm’s talent pool, blending deep experience with emerging perspectives, ensuring continued innovation and relevance in the market. Furthermore, the firms’ strong cultural alignment, shared management philosophies, and focus on delivering blue- chip advisory services reinforce JCL’s position as a premier M&A advisory firm.
The Transaction is expected to close in the second or third quarter of 2025, subject to regulatory approvals from FINRA and the FCA, and other customary closing conditions.
