Renovus Capital Acquires Legal Services Consultancy
In a prepared statement about the deal, new HBR Consulting CEO Matt Sundermanl said:“We’re looking forward to this next phase of our journey, which builds on our tremendous growth and further enables us to
support the legal industry’s advancement. Law firms and law departments are at a crossroads, facing a
complex competitive environment, rapidly evolving talent landscape and emerging operational challenges. This growth
investment will propel the HBR Consulting business forward to meet the industry’s increasingly pronounced strategic and
operational needs.”
“This next chapter is designed to unlock additional growth opportunities for our people and clients, while staying true to the culture and community that HBR has developed for more than a decade,” said Quil. “As we move forward, we thank ou
colleagues who have contributed great efforts to make the firm a success, and our clients for their confidence and continued support over the years.”
“We’re proud of the remarkable growth and variety of businesses we have built and incubated over the past 10 years. The
elevation of Matt, Kevin, Lauren and Chris into their new roles is one of the most rewarding outcomes for me personally. We look forward to partnering with Renovus and HBR Consulting’s executive leadership, and our clients, as we continue to create world-class solutions.”
“The legal industry remains in the early stages of digital and operational transformation. 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.”
“HBR’s market-leading position is a result of its focus on building a top tier team, and we’re excited to partner with HBR leadership to further strengthen the company as the leading diversified legal services provider.”
Renovus Capital: Previous Private Equity Investments
Renovus has plenty of experience in and around the technology and services sectors. Earlier acquisitions include:- October 2022: Premier International Enterprises, an MSP.
- April 2022: Digital transformation firm ProfitOptics.
- January 2021: Inflow Communications, an MSP. Then, Inflow acquired EPIC Connections in 2022.
- April 2019: KSM Consulting, a technology services and data analytics consultancy.