J.S. Held acquires IP specialist Ocean Tomo
J.S. Held, a global consulting firm, has acquired Ocean Tomo, a Chicago-headquartered consulting firm specializing in advisory services related to intellectual property (IP) and other intangible assets.
Founded in 2003, Ocean Tomo provides financial expert, management consulting, and advisory services for: intangible assets; corporate accounting investigations; regulatory and reporting obligations; solvency and restructuring; and contractual or competition disputes.
The firm has more than 80 employees across offices in Chicago, San Francisco, Houston, Jacksonville, Greenwich, CT, and Reston, VA. Ocean Tomo’s team of consultants have expertise in intangible asset valuation, economic damages calculation and testimony, risk management, financial forensics, and M&A, and have assisted corporate, law firm, government, and creator clients on some of the highest profile IP matters in the last two decades.
J.S. Held’s acquisition will see institutional investors Bow River Capital and Sinofaith IP Group exit Ocean Tomo. The acquired firm’s employee shareholders will invest in J.S. Held as part of the transaction.
“The addition of Ocean Tomo strengthens our ability to address the unique needs of organizations around the world facing high-stakes situations involving intellectual property and other intangible assets," said Jonathon Held, CEO of J.S. Held. "We are very excited about this partnership, which brings more than 80 of the most well-respected professionals in the industry to our firm."
Founded in 1974, J.S. Held provides specialized technical and forensic advisory services to a wide range of industries. The firm’s practice areas include forensic accounting, economics, corporate finance, investigations, construction claims and disputes, and environmental health and safety.
Headquartered in Jericho, NY, J.S. Held has more than 100 offices and a headcount of more than 1,300 employees worldwide.
"We are thrilled to join J.S. Held. Together we can uniquely provide integrated technical, scientific, and financial expertise to our clients," said James Malackowski, co-founder and CEO of Ocean Tomo. "The diverse skills and experience of J.S. Held's experts allows us to address complex matters involving tangible and intangible assets.”
J.S. Held last year acquired Berkeley Research Group’s non-US global investigations practice.
