What Clermont Partners’ acquisition by Riveron means for ESG and IR

Jul 07, 2022
Victoria Sivrais, Clermont co-founder and NIRI chair, says deal meets investors’ increasing ESG disclosure demands

The founders of Clermont Partners say they believe IR and ESG will ‘come together’ as they lead a newly created ESG and strategic communications practice at Riveron.

Clermont, a female-owned consultancy specializing in ESG communications and strategy, IR and transaction communications, announced last week it had been acquired on undisclosed terms by Riveron, a national US business advisory firm.

Victoria Sivrais,
Clermont Partners

Founded in 2015 by industry veterans Victoria Sivrais and Beth Saunders, Clermont has a team of 35 ESG and financial communications specialists in Chicago and Washington, DC.

IR Magazine asked Sivrais, who also serves as chair of the NIRI board of directors, about the acquisition and how her new venture will respond to changing ESG demands from IROs.

What prompted the decision by you and Beth Saunders to approve the acquisition of your passion project Clermont Partners and why now?

Over the last several years, Clermont has experienced exponential growth driven by our strategic IR counsel and deep, specialist expertise around ESG issues. As investors continue to demand increased disclosures on companies’ ESG practices, that is more often than not falling on the IR professionals at our clients. Clermont was well placed to support this evolution as we added specialists in climate risk, human capital, cyber-security and compensation and governance to an already robust team of IR professionals.

With Riveron, we saw a strong strategic fit not only from a capabilities standpoint, but also from a cultural perspective. It has a team of more than professionals doing what we do every day: rolling up our sleeves and partnering with their clients to address critical issues facing the C-suite at public companies and private equity firms.

What changes will IRO clients see and benefit from, and when?

Our clients will see little, if any, change in terms of the strategic counsel we provide around IR and ESG communications. Beth and I will co-lead Riveron’s newly created ESG and strategic communications practice at Riveron, and we have been charged with further building out our already successful, thoughtful and tailored programs. Longer term, we see a tremendous opportunity for our clients to leverage a more robust offering that includes financial advisory, business process improvement & technology enablement and transaction advisory services.

Which aspects of ESG are IROs calling your team for help with most, and how will the ESG and strategic communications practice within Riveron help?

Climate risk, cyber-security, human capital practices, compensation and governance practices, among many others. At the end of the day, we believe IR and ESG will come together, which we already see happening all around us. As Beth and I lead the ESG and strategic communication segment, our combination with Riveron will only further propel our ability to hire the smartest, most talented people to support our clients’ needs both now and in the future.

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