M&A Deal Summary

Renovus Capital Acquires Performive

On November 4, 2024, private equity firm Renovus Capital acquired information technology company Performive

Acquisition Highlights
  • This is Renovus Capital’s 11th transaction in the Information Technology sector.
  • This is Renovus Capital’s 41st transaction in the United States.
  • This is Renovus Capital’s 2nd transaction in Georgia.

M&A Deal Summary

Date 2024-11-04
Target Performive
Sector Information Technology
Buyer(s) Renovus Capital
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) Layer 7 Capital LLC (Financial)
McDermott Will & Emery (Legal)

Target

Performive

Marietta, Georgia, United States
Performive is a managed IT services provider, specializing in managed IT infrastructure, cloud solutions, and cybersecurity for mid-market enterprises. Performive was founded in 2005 and is based in Marietta, Georgia.

Search 200,388 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 42 of 42
Sector (Information Technology) 11 of 11
Type (Buyout (LBO, MBO, MBI)) 18 of 18
State (Georgia) 2 of 2
Country (United States) 41 of 41
Year (2024) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-07 Angeion Group

Philadelphia, Pennsylvania, United States

Angeion Group stands at the forefront of settlement administration and legal noticing services. Leveraging advanced technology, proven best practices, and expert consulting, the company specializes in managing class actions and other types of mass litigation. Angeion Group is based in Philadelphia, Pennsylvania.

Buy -