Monument Advocacy Raises Funding From Everlane Equity Partners

By Amit Chowdhry • Oct 18, 2024

Monument Advocacy, a leading national, bipartisan government relations and public affairs firm, announced an investment by Everlane Equity Partners, a Boston-based private equity firm. This investment will enable Monument to continue offering integrated services to clients while supporting growth to deliver results in additional geographic markets and policy areas. Monument’s CEO John Murray, Founder C. Stewart Verdery, Jr., and Senior Leadership Team will continue to lead the business operations.

Monument Advocacy grew rapidly since being founded in 2006 by Verdery and provides many of the most recognizable brands in the world with effective government relations strategies, winning public affairs campaigns, and targeted strategic communications support. And savvy organizations and executives, including innovators, not-for-profits, Fortune 1000 corporations, and C-suite leaders, utilize Monument for all-inclusive advocacy that helps shape the public policies that influence their success.

Monument Advocacy was represented by Lakeside Partners in the deal. And Bryan Cave Leighton Paisner (BCLP) represented Monument Advocacy on legal matters related to the transaction. And Envoy Capital Advisors provided transaction support and Holland & Knight served as legal counsel to Everlane Equity Partners.

KEY QUOTES:

“At every turn we’ve built Monument to give our clients an edge through the most modern, holistic approach to advocacy available on the market. Our clients are innovators and so are we. This new partnership will allow us to super charge that approach by expanding our clients’ access to new markets and tools, while ensuring the same level of policy understanding, responsiveness, and creativity that our clients have come to expect.”

-Stewart Verdery

“This exciting opportunity to up-level our services fits with the commitment we make to every client that we will never rest on past successes. The Everlane partnership will mean new ideas, capabilities, talent, geographies and, ultimately, new ways to win for our clients.”

-John Murray

“Monument’s sustained growth, unparalleled roster of clients, policy expertise, and strategies for expansion makes them an ideal investment platform. We wanted a partner that is both committed to client service and has a strategic vision for how a larger suite of services will deliver across issue sets. The need for corporations and other sophisticated organizations to utilize best-in-class advocacy is expanding rapidly, and we see Monument as a market leader.”

-Daniel Vetrano, Principal of Everlane