M&A Deal Summary

Renovus Capital Acquires Panum Group

On June 19, 2017, private equity firm Renovus Capital acquired business services company Panum Group

Acquisition Highlights
  • This is Renovus Capital’s 3rd transaction in the Business Services sector.
  • This is Renovus Capital’s 14th transaction in the United States.
  • This is Renovus Capital’s 1st transaction in Maryland.

M&A Deal Summary
Date 2017-06-19
Target Panum Group
Sector Business Services
Buyer(s) Renovus Capital
Deal Type Recapitalization
Advisor(s) FOCUS Investment Banking (Financial)

Target

Panum Group

Bethesda, Maryland, United States
Panum Group offers management consulting services such as program & project management, acquisition & contract management, business & strategy consulting and next-generation information and communications technology services such as network infrastructure & security, research & analysis and training to Federal Government agencies. Panum Group was founded in 1997 and is based in Bethesda, Maryland.

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Buyer(S) 1

Buyer

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 42
Sector (Business Services) 3 of 11
Type (Recapitalization) 2 of 3
State (Maryland) 1 of 2
Country (United States) 14 of 41
Year (2017) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-28 Red Nucleus

Yardley, Pennsylvania, United States

Red Nucleus provides strategic learning and performance solutions exclusively for the life sciences industry. Red Nucleus Enterprises was founded in 1991 and is based in Yardley, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-11 Lockstep Technology Group

Peachtree Corners, Georgia, United States

Lockstep Technology Group provides end-to-end technological services, backed by engineers to both small and large enterprises. The Company specializes in managed IT services, cloud solutions, IT risk management and security, and strategic IT consulting. Lockstep Technology Group was founded in 2008 and is based in Peachtree Corners, Georgia.

Buy -
Mergr

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