Investcorp, a global provider and manager of alternative investment products, today announced that one of its affiliates has acquired a majority ownership position in KSM Consulting, a consulting firm specializing in data analytics, technology and digital transformation, from Renovus Capital Partners, which will continue to maintain a minority stake in KSMC.
KSMC is led by CEO Mark Caswell and president John Roach, who will continue to lead the firm through this time. Investcorp’s partnership with KSMC will focus on continuing the Firm’s organic growth, expanding geographically across the United States and broadening KSMC’s service offerings into strategic adjacencies.
“The past year highlighted the importance of embracing technology for all organizations, regardless of size, sector or industry,” said Steve Miller, managing director and head of knowledge and professional services, private equity, North America at Investcorp. “We believe that KSM Consulting is well-positioned for growth as the need for organizations to adopt and realize value from digital solutions will continue to generate demand for the Firm’s mission-critical services. In addition to the industry’s attractive secular tailwinds, KSMC’s people, values and culture set the Firm apart in a highly fragmented market. We have a successful history of partnering with professional services and tech-enabled businesses and we look forward to supporting Mark and John as they continue growing KSMC.”
Mark Caswell, CEO of KSMC stated, “We believe Investcorp’s deep understanding of technology and the professional services industry makes it an ideal partner for KSMC’s next phase of growth. Investcorp’s resources and expertise will enable us to continue expanding the reach of our difference-making work and will position us for accelerated growth as we continue to prioritize providing service excellence and driving positive outcomes to our clients. We are excited by the long-term benefits this partnership will unlock for our team, clients and communities.”