Renovus Capital Partners, a lower-middle-market private equity firm focused on the knowledge and talent industries, has named Damian DiPippa as its chief executive officer of Aretum, a newly-formed government services platform that owns Renovus portfolio companies Miracle Systems and Panum Telecom.
DiPippa brings experience working in the government services sector. Most recently, he was CEO of Arcfield, where he transformed an acquired portfolio of programs into an independent $500 million revenue company with domestic and international operations. Prior to Arcfield, DiPippa was president of the systems engineering sector at Peraton, where he executed an initiative that resulted in the divestiture of more than $500 million in conflicted contracts. While at Perspecta, a Peraton predecessor, he was senior vice president and general manager and led the $900 million intelligence group. He was also a senior vice president and general manager for ManTech and held vice president roles at Engility, TASC and Northrop Grumman.
“I am excited to lead Aretum as we build the company into a new mid-tier provider of technology-enabled mission support for defense, homeland security and civilian agencies,” says DiPippa. “The combination of our legacy companies provides a very high level of competitiveness and excellence within our core competencies of engineering, IT, cybersecurity, and financial services.”