Investcorp acquires KSM Consulting, a US data analytics, technology, and digital transformation firm

Manama, Feb. 22 (BNA): Investcorp has announced that one of its affiliates has acquired a majority ownership position in KSM Consulting (“KSMC” or the “Firm”), a consulting firm specializing in data analytics, technology and digital transformation, from Renovus Capital Partners, which will continue to maintain a minority stake in KSMC. Terms of the transaction were not disclosed. Founded in 2008 and headquartered in Indianapolis, KSMC delivers smart, custom solutions to the most complex challenges of more than 700 private and public sector organizations by leveraging deep expertise in data analytics, technology and digital transformation. KSMC is led by CEO Mark Caswell and President John Roach, who will continue to lead the Firm as it grows. In the past three years, KSMC has grown at a Compound Annual Growth Rate (CAGR) in excess of 40%, pro forma for acquisitions. Investcorp’s partnership with KSMC will focus on continuing the firm’s organic growth, expanding geographically across the United States and broadening KSMC’s service offerings into strategic adjacencies. This will include seeking to complete strategic, value-creating add-on acquisitions, building upon KSMC’s recent acquisitions of Colorado-based Tempus Nova, Ohio-based Advocate Solutions, and Indianapolis-based Connect Think.