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Investcorp acquires US tech firm KSM Consulting


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Investcorp, the Bahrain-based alternative investment manager, said one of its affiliates acquired a majority stake in the US technology company KSM Consulting from Renovus Capital Partners.
Terms of the transaction were not disclosed and Renovus will continue to maintain a minority stake in the business.
The past year highlighted the importance of embracing technology for all organisations, regardless of size, sector or industry, Tarek AlMahjoub, head of UAE and Oman for Investcorp’s private wealth, said.
KSMC’s people, values and culture set it apart in a highly fragmented market, and we are excited to be partnering with them , he added. ....

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Emirates News Agency - Bahrain's Investcorp acquires leading US data analytics firm KSM Consulting

BAHRAIN, 22nd February, 2021 (WAM) Investcorp, a Bahrain-based asset manager that counts Mubadala Investment Company as its biggest shareholder, on Monday announced that one of its affiliates has acquired a majority ownership position in KSM Consulting, a leading consulting firm specialising 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. ....

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