KSM Consulting, a portfolio company of Renovus Capital Partners, has acquired Advocate Solutions, an IT services firm providing program and project management for state and local government agencies. No financial terms were disclosed.
INDIANAPOLIS (June 5, 2020) — KSM Consulting (“KSMC”), a leading technology services firm specializing in IT, data analytics and management consulting, announced today that it has acquired Advocate Solutions, a 25-year-old IT services firm providing mission-critical program and project management for state and local government agencies.
“In taking ourselves through the same process we would for clients undergoing a merger or acquisition transaction, we discovered Advocate’s mission and service offerings deeply aligned with ours,” said Mark Caswell, CEO of KSM Consulting. “We are proud to add this group of dedicated professionals to the KSMC team and grow our impact together. The acquisition helps us expand the reach of our mission—’to help our clients, coworkers, and communities thrive’—and provides the opportunity to support more communities by working with their governments and solving complex challenges facing our world today.”
The positive outcomes Advocate Solutions’ team has produced with business, digital, and health and human services solutions run parallel to those KSMC has delivered for its public sector clients in Indiana like data-driven responses to issues such as the opioid epidemic, child welfare and workforce development. KSMC will continue to serve Advocate clients across Ohio, Michigan, and Massachusetts, and looks to build upon its unique contact center partnership with Cincinnati Bell Technology Services.
“Expanding KSMC’s geographic footprint and capabilities has been, and continues to be, a major strategic goal since we first invested in the company in 2019,” said Atif Gilani, Renovus Capital Partners founding partner. “The acquisition expands KSMC’s reach into four key states and adds to our proprietary customer solutions. We are delighted to welcome the Advocate team into the KSMC family and look forward to supporting Mark and his team as KSMC marches on in its growth journey.”
KSM Consulting gains offices in Columbus, OH and Lansing, MI, because of this transaction. The acquisition of Advocate Solutions follows the June 2019 acquisition by KSMC of Connect Think, an Indianapolis-based app-development company.
About Renovus Capital Partners
Founded in 2010, Renovus Capital Partners is a private equity firm specializing in the Knowledge and Talent industries. Renovus, from its base in the Philadelphia area, manages $600 million of capital across several investment vehicles. The firm’s current portfolio includes over twenty U.S.-based businesses specializing in educational technology and content, higher education, corporate learning and development, healthcare services and technology services. The firm likes to partner with founder led businesses where, through its industry expertise and access to patient capital, it seeks to make operational improvements, pursue tuck-in acquisitions and oversee strategic growth initiatives. More information can be found at www.renovuscapital.com.
About KSM Consulting
Founded in 2008, KSM Consulting is a technology, data and management consulting firm. KSMC works in both the public and private sectors across all industries to help clients fulfill their missions, meet their goals, and solve their toughest challenges. Employees embody KSMC values of client focus, fearless problem solving, empathy and deep expertise while working to fulfill the mission of “helping our clients, coworkers and communities thrive.” The firm serves over 350 clients nationally from its headquarters in Indianapolis. For more information, visit www.ksmconsulting.com.