Sales Company Miller Heiman Sold to Providence Equity
January 14, 2013
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Miller Heiman, a Reno-based sales performance training and consulting firm, has been acquired by Providence Equity Partners from Sterling Investment Partners and HarbourVest Partners. Miller Heiman provides sales training and consulting services in over 35 countries, with offices in North America, the U.K. and Australia. Sterling acquired the company in a management-led buyout in July 2008 from Leeds Equity Partners. York Street Capital Partners provided debt financing for the 2008 deal. Providence, headquartered in the namesake Rhode Island city, makes equity investments in the media, communications, education and information segments.