M&A Deal Summary

Omnicom Group Acquires LeapPoint

On September 27, 2024, Omnicom Group acquired information technology company LeapPoint from Renovus Capital

Acquisition Highlights
  • This is Omnicom Group’s 3rd transaction in the Information Technology sector.
  • This is Omnicom Group’s 24th transaction in the United States.
  • This is Omnicom Group’s 3rd transaction in Virginia.

M&A Deal Summary

Date 2024-09-27
Target LeapPoint
Sector Information Technology
Buyer(s) Omnicom Group
Sellers(s) Renovus Capital
Deal Type Add-on Acquisition

Target

LeapPoint

Reston, Virginia, United States
LeapPoint is a management and technology consulting firm that provides advisory and digital services as well as custom application development. LeapPoint offers a thoughtful blend of resources to bring just the right mix of business acumen and functional expertise to drive enterprise change. LeapPoint was founded in 2006 and is based in Reston, Virginia.

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Buyer(S) 1

Buyer

Omnicom Group

New York, New York, United States

Category Company
Founded 1944
Sector Marketing
Employees75,900
Revenue 14.7B USD (2023)
DESCRIPTION

Omnicom Group is an advertising, marketing, and corporate communications company. The company offers a wide range of services in advertising, strategic media planning and buying, precision marketing, retail and digital commerce, branding, experiential, public relations, healthcare marketing and other specialty marketing services to over 5,000 clients in more than 70 countries. Omnicom Group was founded in 1944 and is based in New York City.


DEAL STATS #
Overall 29 of 29
Sector (Information Technology) 3 of 3
Type (Add-on Acquisition) 28 of 28
State (Virginia) 3 of 3
Country (United States) 24 of 24
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-30 Flywheel

Baltimore, Maryland, United States

Flywheel is a cloud-based digital commerce platform that enables clients to access near real-time performance measurement and improve sales, share, and profit. Through its expertise, scale, global reach, and highly sophisticated AI and data-powered solutions, the company provides differentiated value for both consumer product companies and fast-growing brands. Flywheel is based in Baltimore, Maryland.

Buy $835M

Seller(S) 1

SELLER

Renovus Capital

Wayne, Pennsylvania, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2010
PE ASSETS 1.5B USD
Size Large
Type Sector Focused
DESCRIPTION

Renovus Capital is a private equity firm focused on investing in small to mid-sized education companies. Specific areas of interest include for-profit colleges and schools, training companies, content providers, and technology and services businesses to education providers. Renovus looks for companies with 'strong growth prospects', proven business models and EBITDA of at least $3 million. Renovus Capital was formed in 2010 and is based in Wayne, Pennsylvania.


DEAL STATS #
Overall 15 of 15
Sector (Information Technology) 5 of 5
Type (Add-on Acquisition) 6 of 6
State (Virginia) 1 of 1
Country (United States) 14 of 14
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-11 QualX

Springfield, Virginia, United States

QualX is a provider of records and information management, digital transformation, and business process improvement services to agencies across the Federal government. QualX was founded in 2009 and is based in Springfield, Virginia.

Buy -