Thank you to all the clients we have had the opportunity to work with in 2019. We sincerely appreciate your trust and collaboration. If you or a company you advise are seeking guidance in order to buy, sell, or recapitalize a business, we look forward to connecting with you in 2020.
Katan Associates had our most successful year to date. In the consulting practice we added one new professional and a full-time analyst, executed on 2 engagements, and achieved significant revenue growth for the fourth consecutive year. Katan Associates was awarded the Life Sciences Strategic Consulting Firm of the Year for the second time.
In the merchant banking practice we have benefited from the cooperation and excellent execution of our management teams and investor partners, collectively executing on one transaction and achieving on exit.