HBR Consulting (HBR), a leading legal industry strategy, operations and technology consulting firm, has been acquired by private equity firm Renovus Capital (Renovus). The press release describes Renvous as a strategic capital partner. The agreement was effective November 10, 2022.
Renovus specializes in the knowledge and talent industries, with recent investments in the legal services space. They previously invested in LAC Group which like HBR offered consulting and management of library/information services. “The legal industry remains in the early stages of digital and operational transformation,” said Renovus founding partner Jesse Serventi. “As we scanned the legal marketplace as part of our investments in LAC Group and Wilson Allen, HBR routinely came up as a firm at the cutting-edge of this movement.”
Here is an excerpt from a message they are sending to customers:
The agreement will separate HBR’s traditional advisory and IT managed services businesses into two separate entities.
Matt Sunderman will assume the role of CEO of HBR Consulting. HBR Consulting co-founders Christopher Petrini-Poli and Nicholas
Continue Reading HBR Acquired by PE Firm – To Join LAC in Renovus Professional Services Portfolio