“This is something we wouldn’t have done without the parthenon investment,” Hanson said.

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Hanson McClain was founded in 1993 by financial advisers Hanson and pat McClain, who have also hosted a weekly radio show, “Money Matters,” where they share money and investment advice.

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parthenon invests in middle-market companies with enterprise values between $35 million and $500 million in finance, health care and business services. Founded in 1998, parthenon has managed funds with more than $3.5 billion in capital.

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The specific amount of parthenon’s July 2017 investment in Hanson McClain wasn’t disclosed.

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With the merger, Hanson McClain has 120 employees


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