Renovus Capital Partners Acquires Profitoptics, A Virginia Based Technology Services Firm
Acquiring Company
Renovus Capital Partners
Acquired Company
ProfitOptics
RichmondProfessional ServicesSoftwareInformation TechnologySoftwareDescription
Renovus Capital Partners ("Renovus"), a Philadelphia-area based investment firm, announced today that it has acquired ProfitOptics ("the Company"). Founded in 2008 and headquartered in Richmond, VA, ProfitOptics is a digital transformation company that leverages its proprietary software and custom product development capabilities to automate clients' manual workflows and help them achieve their business and profit targets. Client solutions are designed, developed, and managed by the Company's team of business analysts, software developers and data architects. As a result of its partnership with Renovus, ProfitOptics intends to accelerate its growth by developing new technology competencies, expanding its regional footprint, and deepening customer focus in key target industries.
Quick answer
Renovus Capital Partners is acquiring ProfitOptics, announced April 14, 2022.
- How much did Renovus Capital Partners pay for ProfitOptics?
- The deal value was not disclosed.
- What does Renovus Capital Partners do?
- Founded in 2010, Renovus Capital Partners is an investment firm specializing in the Knowledge and Talent industries.
- Where are Renovus Capital Partners and ProfitOptics based?
- ProfitOptics is based in Richmond, California, United States.
Source: Fundz verified event record.
Other recent acquisitions in Professional Services and Software
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Stratos Wealth Enterprises Acquires Minority Equity Stake In Boston-Based Wealth Management Firm With $350 Million In Aum, $350M (April 12, 2022)
- Diversified Medical Healthcare Acquires Utah Lab, Dynasty Medical Laboratory Services (March 3, 2022)
- Userzoom Acquires Testapic To Meet Accelerating Demand For Revenue Driving User Experience Insights Across Europe (May 19, 2022)
- Resultant Acquires Teknion Data Solutions (May 17, 2022)
- Synoptek Acquires Macquarium To Elevate Its Digital Customer Experience Capabilities (May 12, 2022)
- 365 Retail Markets Acquires Sentry, An Australian Vending Management Software Company (May 6, 2022)
Who to call at Renovus Capital Partners, and when
When Renovus Capital Partners changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Renovus Capital Partners raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Renovus Capital Partners, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Renovus Capital Partners. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Renovus Capital Partners makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired ProfitOptics?
ProfitOptics was acquired by Renovus Capital Partners. The deal was reported on April 14, 2022. Founded in 2010, Renovus Capital Partners is an investment firm specializing in the Knowledge and Talent industries. Renovus, based in the Philadelphia area, manages over $1 billion across several investment vehicles. Renovus Capital Partners is privately held and operates in Professional Services.
When did Renovus Capital Partners acquire ProfitOptics?
Renovus Capital Partners's acquisition of ProfitOptics was reported on April 14, 2022. Renovus Capital Partners ("Renovus"), a Philadelphia-area based investment firm, announced today that it has acquired ProfitOptics ("the Company"). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does ProfitOptics do?
Founded in 2008, ProfitOptics is a technology services company that uses its proprietary software to deliver customized solutions to its global clients. It is privately held, operating in Information Technology, and is based in Richmond.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.