Harris & Harris is an accounts receivable management and customer care firm, providing first-party and third-party debt collection, third party liability and other complementary services through advanced onshore call-centers. The transaction represents another successful business services assignment completed by Mesirow Financial's Investment Banking group. He added, "We believe that Clarion Capital is an ideal partner to support Harris & Harris’ growth objectives and will enable the Company to continue providing exceptional customer care solutions and service to its customers." "We are honored to have represented Harris & Harris throughout the transaction process," said Jeff Golman, vice chairman of Mesirow Financial. Clients in those segments require a high standard from their accounts receivable management and business process outsourcing providers, and we believe Harris & Harris is unmatched in its integrity, client service and performance.” Jon Haas, a partner at Clarion commented, "Harris & Harris is a leader in its core government, healthcare and utility markets, and has an exciting opportunity to grow organically within those segments. Clarion’s approach to partnership and its long-term focus aligns perfectly with the future we see for Harris & Harris.” Dave Harris, co-owner and executive vice president, stated “Mesirow’s expert guidance, knowledge of the sector and deal insights were invaluable in finding the right partner to support Harris & Harris’ next phase of growth.” “As we considered potential investors, our focus on people brought us to a partnership with Clarion which will allow us to continue the success we’ve demonstrated over the last 50 years. "When my father founded the business more than 50 years ago, he said that the road to success for a business is to focus on people, both at our clients and with our employees,” said Arnie Harris, CEO of Harris & Harris. Additionally, Clarion and Harris & Harris will seek M&A opportunities to expand the Company geographically and to add new services. These investments allow the Company to deliver more value to its clients. The partnership with Clarion will enable Harris & Harris to expand its service offerings and to make investments in its employees, compliance and technology infrastructure. Headquartered in Chicago, Illinois, Harris & Harris is a leader in accounts receivable management and customer care solutions. (“Harris & Harris”, the “Company”) on its investment from Clarion Capital Partners, LLC (“Clarion”). CHICAGO, Novem– Mesirow Financial acted as the exclusive financial advisor to Harris & Harris, Ltd.
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