Juran

Juran Institute

Business Description

Juran Institute, Inc. is a leading training and consulting firm focused on enhancing quality and business performance. Juran provides a wide range of training and consulting services designed to improve overall business performance. Juran's services include: strategic deployment, Lean and Six Sigma training, cost and culture assessments, benchmarking and change management. The Company operates worldwide through its offices in China, Germany, United States, Netherlands, and Spain.

Background

The Company was founded in 1979 by Dr. Joseph Juran, who is recognized as one of the principal architects of the Japanese and North American quality revolutions. Dr. Juran has been called the "father" of quality.  After joining Juran eighteen years prior, Joseph DeFeo, the company's President and CEO, had the opportunity to buy a controlling interest from Dr. Juran.

Solution

Carter Morse & Mathias was management's exclusive financial advisor in arranging the financing and providing transaction advice.   The financing enabled Mr. DeFeo to purchase a controlling interest while providing Dr. Juran confidence that the Juran name was in good hands and his legacy would continue.