HGGC, a middle-market private equity firm, has invested in Rimkus Consulting Group Inc., an engineering and technical consulting company.
Rimkus provides engineering and technical consulting to clients including corporations, law firms, insurance carriers, third-party administrators and government agencies. The new partnership with HGGC will help Rimkus to broaden its service portfolio and better serve its clients. Existing minority investor Century Equity Partners and the Rimkus management team will be rolling significant equity into the transaction.
JPMorgan acted as financial advisor to Rimkus. Baird advised Century Equity Partners, and Piper Sandler advised HGGC.