PE Deals

LMI to sell for-profit subsidiary to investor group

The investors are Declaration Partners, Capitol Meridian Partners, and 22C Capital.

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  • The for-profit subsidiary will retain the LMI name while the remaining entity will be re-branded as nonprofit NobleReach Foundation
  • The deal is expected to close in the third quarter of this year
  • LMI is a tech-enabled consultancy for the federal government

LMI has agreed to sell its for-profit subsidiary to an investor group.

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