Consulting Acquisitions in United States

Southfield Capital announced a partnership/investment in Business Development Resources, Inc. (BDR), a business coaching and training organization serving field services contractors and distributors. The partnership is intended to help BDR accelerate growth and expand its reach and capabilities for clients.

Danforth Advisors, LLC acquired BW Health Group, a provider of commercial readiness and product launch services for small and mid-sized life science companies. The acquisition expands Danforth’s integrated services offering to include commercialization capabilities such as commercial planning, product launch, and ongoing marketing. Following the transaction, Tom McDonnell will lead BW Health Group as CEO, while founder Thad Bench will serve in an advisory role.

Balance Point Capital Advisors, along with its affiliated funds, made an investment in John Staurulakis, LLC (JSI), a Stone-Goff Partners portfolio company. The financing provided debt capital to refinance JSI’s existing credit facilities, fund a shareholder distribution, and provide additional capital to support future acquisition activity.

Investor Group Services (IGS) announced it has acquired Maple Street Advisors, a pricing strategy and go-to-market consultancy serving private equity firms and their portfolio companies. The deal expands IGS’s portfolio value creation and growth consulting capabilities across market analytics, pricing, sales execution, and go-to-market effectiveness. Maple Street’s entire team will remain with the business and has joined IGS following the transaction.

The Center for Sales Strategy (CSS) announced the acquisition of Robertson Lowstuter (R|L), an executive coaching and leadership development consultancy. R|L will operate as a wholly owned subsidiary of CSS and continue doing business under the Robertson Lowstuter name, with Carolyn Lowstuter staying on for 12 months to support the leadership transition.

Chartis, a healthcare advisory firm, has acquired HealthScape Advisors, a Chicago-based healthcare payer consulting firm with about 160 professionals. The deal expands Chartis’ capabilities in the healthcare payer segment and follows its prior acquisition of crankfrog in 2022. HealthScape will continue operating under the brand “HealthScape, A Chartis Company,” led by Managing Director Kyle Stern.

Interlock Equity, a Los Angeles-based private equity firm, made a strategic growth investment in evolv Consulting, a data-driven digital and business consulting firm. The investment is intended to strengthen evolv’s market presence, expand its solutions and industry expertise, and broaden its geographic footprint while the company continues under its existing leadership team.

Sentinel Capital Partners announced its acquisition of Market Performance Group (MPG), an omnichannel strategy and consulting services provider focused on consumer packaged goods. The deal terms were not disclosed, and the transaction will support MPG’s continued growth leveraging Sentinel’s experience in business services and consumer sectors.

L2 Capital made a strategic investment in The iFranchise Group and TopFire Media, a franchise consulting and digital marketing/public relations platform serving the franchising industry. Merion Investment Partners and Salem Investment Partners co-invested alongside L2 Capital, and debt financing was provided by First Bank of New Jersey along with Merion and Salem. Terms of the transaction were not disclosed and Mark Siebert will continue to lead the company.

ClimeCo acquired Ampliphi and its plastic action program, the Plastic Scorecard, to expand ClimeCo’s circular economy and sustainability advisory capabilities. The deal adds Ampliphi’s proprietary methodology and platform for analyzing plastic and circular performance, developing mitigation strategies, and streamlining reporting and communications.

Guidehouse announced the closing of its acquisition by Bain Capital Private Equity from Veritas Capital for $5.3 billion. The deal supports Guidehouse’s strategic growth plans, and the company will continue to operate under its current management team led by CEO Scott McIntyre.

E78 Partners, a private-equity focused business advisory firm, acquired Global PMI Partners USA (GPMIP USA), a consultancy specializing in post-merger integration services. The deal expands E78 Partners’ business transformation and M&A lifecycle capabilities, and GPMIP USA founders Stefan Hofmeyer and Scott Whitaker will join E78 to lead its PMI, carve-outs, and transaction services practice.

Cprime announced the acquisition of Vincerion, a portfolio optimization and financial transformation consulting firm headquartered in San Francisco, California. The deal expands Cprime’s IT portfolio management and FinOps capabilities, strengthening its ability to help enterprises align technology spending with business objectives and improve visibility into IT costs.

Earth Finance announced it has acquired Molecule LLC, a Seattle-based climate advocacy and policy firm founded and led by Tim Zenk. Following the acquisition, Zenk joins Earth Finance as a Managing Director and will lead its renewable fuels and public policy teams.

E Source acquired Utilligent, an operations and technology management consulting firm serving electric, gas, and water utilities. The deal expands E Source’s consulting and transformation capabilities across areas such as smart infrastructure, data transformation, utility operations, and customer engagement, adding approximately 30% to E Source’s employee count. Align Capital Partners is noted as the control investor in E Source.

Praecipio has acquired Gurnet Consulting, an Atlassian-specialized management consulting firm, to expand its enterprise transformation and Atlassian capabilities across the Northeastern United States and Canada. The deal strengthens Praecipio’s regional footprint and enhances its consulting offerings spanning agile, DevOps, ESM/ITSM, and related services. Financial terms were not disclosed.

J.S. Held announced the acquisition of TechPats to complement its prior acquisition of Ocean Tomo and expand its intellectual property consulting capabilities. TechPats will operate under the Ocean Tomo brand within a newly created Intellectual Property Specialty Services group, adding patent-focused business intelligence and technical expertise to Ocean Tomo’s IP financial and advisory services.

SIB Holdings made a strategic investment in ProcureAmerica, a provider of contingency-based cost reduction and contract compliance services for government, education, and healthcare clients. The investment adds ProcureAmerica to the SIB platform backed by O2 Investment Partners, expanding SIB’s presence in new growth sectors and enabling cross-sell opportunities across broader spend categories.

Accenture has acquired Strongbow Consulting, a data-driven strategic advisory firm focused on helping organizations plan and execute technology transformation strategies. Strongbow’s ~60-person team will join Accenture’s Technology Strategy & Advisory practice in North America to strengthen its Tech Value and Technology Business Management (TBM) capabilities. Financial terms were not disclosed.

Marsh McLennan Agency, a subsidiary of Marsh, acquired Integrity HR, Inc., a human resources consulting firm headquartered in Louisville, Kentucky. Integrity HR will join Marsh McLennan Agency’s national Employee Health & Benefits division, expanding the buyer’s HR capabilities; financial terms were not disclosed.

Riveron, a national business advisory firm focused on CFO services and private equity clients, entered into a definitive agreement to be acquired by affiliates of Kohlberg & Company. H.I.G. Capital will continue its partnership with Riveron through a minority investment, and a significant portion of Riveron employees will also remain equity owners. Financial terms were not disclosed and the deal is expected to close in July, subject to customary approvals and conditions.

TRC Companies, Inc. (TRC) announced it has acquired Gladstein, Neandross & Associates (GNA), a North American consulting firm focused on low- and zero-emission commercial transportation technologies, infrastructure, and ultra-low carbon fuels. The acquisition expands TRC’s Climate Solutions offering by adding GNA’s sustainable transportation expertise, including its grant-writing capabilities and proprietary Funding 360 product.

Stone-Goff Partners made an investment in FS Vector, a strategic advisory and advocacy firm focused on innovative financial services and fintech clients. The investment represents FS Vector’s first institutional capital and is intended to support accelerated growth, including expanded service offerings, team growth, and pursuit of complementary M&A.

SKDK, a public affairs and political consulting firm within the Stagwell network, has acquired Jasper Advisors, a Washington, DC-based C-suite advisory firm founded by Julie Andreeff Jensen and David Sutphen. Jasper Advisors will continue to operate as an independent subsidiary of SKDK, retaining its name and leadership under Jensen and Sutphen. Financial terms of the transaction were not disclosed.

Varsity Healthcare Partners (VHP) completed a strategic growth investment in Beghou Consulting, a biopharmaceutical consulting firm headquartered in Evanston, Illinois. As part of the investment, industry veteran Jonathan Sandler will join Beghou's Board of Directors. Financial terms were not disclosed.

HKA announced that it has acquired Credibility International, a U.S.-based forensic accounting firm specializing in financial fraud investigations and expert testimony in domestic and international disputes. The deal expands HKA’s global expert practice in forensic accounting, damages, valuation, and investor-state dispute work, strengthening its capabilities in the United States and worldwide.

APCO Worldwide, a global advisory and advocacy consultancy, acquired Gagen MacDonald, a human-centered transformation consulting firm. Following the acquisition, Gagen MacDonald will operate as a wholly owned subsidiary of APCO and will continue to be led by founder and CEO Maril MacDonald.

RLH Equity Partners made an investment in Connors Group LLC, a workforce consulting firm focused on productivity, employee satisfaction, and customer service. Connors Group advises enterprise clients across sectors including retail, distribution, manufacturing, and healthcare on work process design and implementation to drive operational excellence.

The Riverside Company has invested in Career Resources Inc. (CRI), which provides outsourced affirmative action plans (AAPs) and other federal contract compliance programs. The transaction is an add-on to Riverside’s portfolio company OutSolve LLC, expanding OutSolve’s scale and customer base in outsourced labor and employment compliance solutions.

Cadmus acquired Nathan Associates, Inc. (Nathan), an international economic and analytics consulting firm serving government and commercial clients globally. Nathan will form Cadmus' new International Development Division, expanding Cadmus’ federal contracting footprint and strengthening its position with development organizations such as USAID.

Bridgepointe Technologies, a tech advisory firm, announced that it has acquired PPT Solutions. The acquisition expands Bridgepointe’s capabilities into customer experience (CX) and contact center consulting solutions, including related technologies, BPO, AI/RPA, and managed services. PPT Solutions will operate as a Bridgepointe company, with its leadership team continuing to lead the CX organization.

InflowCX, a portfolio company of Renovus Capital Partners, has acquired BPO Partners, a customer experience and contact center consulting and outsourcing advisory firm. The deal is intended to accelerate InflowCX’s expansion in consulting, outsourcing, and technical services for contact center operations and technologies.

Renovus Capital agreed to acquire HBR Consulting's Advisory business, effective November 10, 2022, positioning Renovus as a strategic capital partner for the advisory unit. Following the transaction, the Advisory business will separate and operate independently from HBR’s IT, Managed Services, and Keno Kozie businesses, with a new executive leadership team led by Matt Sunderman.

Centre Partners and Health Enterprise Partners (HEP) jointly invested in Toney Healthcare Consulting (THCC), a clinically oriented healthcare consulting firm serving health plans. THCC founder and CEO Sam Toney, M.D. also invested alongside the firms and will continue to lead the business. As part of the transaction, physician executive Linda Rosenstock, MD, MPH joined THCC’s Board of Directors.

Ariel Group, a US provider of leadership training programs, acquired Executive Coaching Connections (ECC), a Chicago-based leadership and organizational advisory firm. The deal expands Ariel Group’s leadership development portfolio by adding individualized executive coaching, C-suite mentoring, and organizational effectiveness services. Renovus Capital, Ariel Group’s private equity partner, highlighted the acquisition as strengthening the combined platform’s leadership consulting offerings.

The Riverside Company has invested in Commonwealth Heritage Group, Inc. (CHG), a Michigan-based cultural resource management consulting firm. The transaction is an add-on acquisition to Riverside’s portfolio company PaleoWest, expanding the combined platform’s geographic reach and service offering (including maritime archaeology).

Kaufman, Hall & Associates, LLC (Kaufman Hall) entered into a definitive agreement for Claro Healthcare to join Kaufman Hall. Claro Healthcare will retain its brand as “Claro Healthcare, a Kaufman Hall company,” and the transaction is expected to close in mid to late October 2022.

Accenture has entered into a definitive agreement to acquire Inspirage LLC, a consulting and IP-enabled services provider focused on implementing Oracle cloud-based supply chain management and related ERP solutions. Inspirage was a portfolio company of RLH Equity Partners and serves enterprise clients across multiple sectors including industrial manufacturing, oil & gas, high tech, consumer products, and life sciences.

Patriot Capital Group announced an investment in Shipley Associates, a business development consulting and training services provider headquartered in Kaysville, Utah. Patriot Capital Group partnered with Petra Capital Partners on the investment to support Shipley’s global growth, innovation, and technology-enabled solutions.

Keystone Capital Management, L.P. announced an investment partnership with Novatio Solutions, a hyperautomation consultancy focused on automation strategy, software implementation, and ongoing managed support. The investment is intended to support Novatio’s continued growth in intelligent automation services across enterprise, healthcare, and SLED clients; terms were not disclosed.

Tandym Group, a national recruitment, contract staffing, consulting, and workforce solutions company backed by Mill Rock Capital, acquired Longford & Company. Longford is a Boston-based technology consulting and executive search firm serving clients primarily in life sciences and pharmaceuticals; financial terms were not disclosed.

VERTEX, a portfolio company of Wind Point Partners, acquired Fulcrum, LLC, a construction management consulting services firm. The acquisition expands VERTEX’s construction consulting and project advisory capabilities and strengthens its geographic presence across North America. Fulcrum is headquartered in Scottsdale, Arizona.

E Source acquired Distributed Energy Financial Group (DEFG), a utility customer research and advisory firm focused on low income, equity, and customer experience. The acquisition expands E Source’s ability to help utilities improve customer experience and manage affordability, strengthening its position in energy equity solutions for the utility sector. E Source is owned by private equity firm Align Capital Partners.

Bregal Sagemount announced a strategic growth investment in Optima Partners Holdings, a provider of specialized compliance advisory and outsourced compliance services to the investment management industry. Optima is headquartered in New York City and plans to use the investment to enhance and expand its service offerings.

The Planet Group, a portfolio company of Odyssey Investment Partners, entered into an agreement to acquire Future State Consulting, a digital mobility and technology talent consulting firm. The deal expands Planet’s technology consulting capabilities and will integrate Future State alongside Planet’s existing technology consulting platforms, including Strive Consulting and Launch Consulting Group.

OutSolve, an affirmative action consulting firm focused on OFCCP compliance, acquired HudsonMann, a South Carolina-based consulting company specializing in affirmative action compliance. The deal expands OutSolve’s capabilities and geographic presence and positions it as the largest firm in its industry.

Westat finalized its acquisition of Insight Policy Research (Insight), effective June 15, 2022. Insight will operate as a wholly owned subsidiary during an 18–24 month transition period under the brand “Westat Insight,” after which it is expected to be fully integrated into Westat. The combined organization will expand capabilities in health, education, and social policy research, including survey research, evaluation, data collection and analysis, and technical assistance.

Lumanity announced the acquisition of Endpoint Outcomes ("Endpoint"), a scientific research and consulting firm specializing in patient-centric clinical outcomes assessments and incorporating the patient voice into drug development. The deal expands Lumanity’s global health economics and outcomes research (HEOR) capabilities, strengthening its value demonstration services for pharmaceutical and biotech clients.

West Monroe acquired 71 & Change, an organizational change management (OCM) consultancy based in the Pacific Northwest. The deal expands West Monroe’s change management capabilities and nearly doubles its OCM team, strengthening its West Coast presence to meet rising client demand for digital transformation support.

Clarion Safety Systems has acquired Machine Safety Specialists, a machine safety and compliance consulting practice focused on complex and high-risk machinery. The acquisition adds Machine Safety Specialists’ certified safety engineering capabilities to Clarion Safety’s product safety, risk reduction, and consulting services, making the business a subsidiary of Clarion Safety Systems.

Northlane Capital Partners (NCP) announced an investment in SAI MedPartners (SAI), a consultancy providing strategic insights, competitive intelligence, and analytics services to pharmaceutical, biotechnology, and medical device clients. NCP invested in partnership with SAI’s management team, and the capital is intended to support expansion of SAI’s service offerings and continued global growth.

Consulting Solutions, a portfolio company of White Wolf Capital, announced the acquisition of Empyrean Services and The Empyrean Group, consulting providers serving nuclear and non-nuclear power-generation industries. Empyrean will operate as a standalone division within Consulting Solutions, expanding the combined organization’s engineering, technical, and project management capabilities for energy and nuclear clients.

TrialCard Incorporated acquired Triangle Insights Group, a strategy consulting firm serving the life sciences industry. The acquisition expands TrialCard’s life sciences commercialization platform by adding strategic insights capabilities in areas such as pricing, market access, and commercial strategy. The transaction is TrialCard’s seventh acquisition since partnering with Odyssey Investment Partners in 2017.

Valtech, a global business transformation agency, announced the acquisition of The Berndt Group, Ltd. (TBG), a digital customer experience agency focused on digital transformations. TBG is headquartered in Baltimore, Maryland, and strengthens Valtech’s capabilities in digital health transformations and customer experience work for healthcare clients.

J.S. Held, a global consulting firm, acquired Ocean Tomo LLC, an advisory firm specializing in intellectual property and other intangible asset valuation, disputes, and related financial forensics and consulting services. The transaction provides an exit for Ocean Tomo’s institutional investors Bow River Capital and Sinofaith IP Group, with Ocean Tomo employee shareholders investing into J.S. Held as part of the deal.

The Chartis Group, an Audax Private Equity portfolio company, has acquired crankfrog, a national payer advisory and consulting firm. The deal expands Chartis’ capabilities and presence in the payer market, adding expertise in payer strategy, operations, digital, and IT. 7 Mile Advisors served as buyside advisor to The Chartis Group.

Escalent announced the acquisition of Mercator Advisory Group, a research and advisory firm focused on the global payments industry. Mercator’s analysts will join Escalent’s Javelin Strategy & Research unit, strengthening Escalent’s financial services and payments thought leadership and advisory capabilities.

Attain Capital made a strategic minority investment in Safal Partners, a mission-driven consulting firm serving education and workforce clients. As part of the transaction, Attain Capital founder Greg J. Baroni joined Safal’s Board of Directors and was appointed Board Chair. Navidar acted as exclusive financial advisor to Safal Partners.

IntegriChain announced it has acquired Blue Fin Group, a life sciences-focused management consulting firm specializing in market access and drug commercialization strategy. Blue Fin Group will operate as an independent division under IntegriChain, expanding IntegriChain’s capabilities across commercialization strategy through operational execution and optimization. IntegriChain is backed by Accel-KKR, which was noted as a prior strategic partner since 2016.

Inflow acquired EPIC Connections to expand its consulting, outsourcing, and professional services offerings for contact center operations and technologies. EPIC Connections, headquartered in Omaha, Nebraska, provides contact center operational and technology consulting, outsourcing strategy, and customer experience technology implementation services. Inflow is a portfolio company of Renovus Capital Partners.

Arsenal Capital Partners announced that its Value Demonstration business has acquired Zipher Medical Affairs, a U.S. provider of medical affairs strategic consulting services. The acquisition expands Value Demonstration’s medical affairs capabilities, complementing its offerings in areas such as medical communications and health economics, and supports its integrated service model for life sciences clients.

Rimkus Consulting Group, Inc. acquired Loss Management Solutions (LMS), a consulting firm specializing in property restoration, remediation oversight, and building reconstruction consulting. The acquisition enables Rimkus to launch a new Building Consulting practice area and expand services such as pre- and post-loss assessments and restoration-related project oversight.

LiveToBeHappy, Inc. acquired Atlanta-based Trudant Financial Executive Services to expand its offerings to small and medium-sized businesses. Trudant will become a wholly owned subsidiary within LiveToBeHappy’s Technology Platform, and LiveToBeHappy also appointed Grant Edwards as Chief Financial Officer, with additional responsibility leading Trudant as Managing Director.

Bounteous announced it has acquired Hathway, a California-based digital growth partner serving restaurant and convenience store brands. The combination is intended to expand capabilities in digital ordering, loyalty, and broader digital innovation services, including leveraging Hathway’s proprietary NomNom solution.

Sotera Health acquired Wisconsin-based Regulatory Compliance Associates (RCA), a life sciences consulting firm focused on quality, regulatory, and technical consulting. The deal expands Sotera Health’s U.S. quality and regulatory consulting capabilities across pharmaceutical, medical device, and combination device industries. Financial terms were not disclosed.

Align Capital Partners-backed E Source completed the acquisition of Water Systems Optimization (WSO), its sixth strategic add-on. WSO, headquartered in Nashville, Tennessee, provides water loss reduction analytics, leak simulation models, consulting, and program management services to utilities and municipalities across the United States. WSO will be integrated into E Source’s Technology Planning and Implementation business unit to expand E Source’s water market offerings.

3Cloud, a Gryphon Investors portfolio company, has acquired CCG Analytics, a Tampa-based data and analytics consulting firm and Microsoft partner. The deal expands 3Cloud’s Azure-centric data and analytics capabilities, adding CCG’s consulting team in areas such as data strategy, governance, modernization, AI, visualization, and cloud migration. 7 Mile Advisors served as buyside advisor to Gryphon Investors and 3Cloud on the transaction.

RCG Global Services completed a majority recapitalization with Frontenac, a Chicago-based private equity firm. RCG was previously majority owned by Eos Partners, L.P., and financial terms were not disclosed.

Alera Group, an independent national insurance and wealth management firm, has acquired Blue Communications, an HR consulting and internal communications agency. The acquisition adds capabilities in internal communications, well-being program development, DEI strategy, and organizational change management to Alera Group’s services. Terms of the transaction were not disclosed.

EVERSANA announced it has acquired Protean, a market access consulting firm focused on channel and trade, patient services, and payer contracting operations. The deal strengthens EVERSANA’s integrated commercial services offering for life sciences clients by adding Protean’s operational market access expertise. Financial terms were not disclosed.

Thought Logic Consulting, a portfolio company of Renovus Capital Partners, has acquired Caprē Group, an Atlanta-based sales and marketing consultancy. The deal adds sales and marketing strategy capabilities to Thought Logic’s technology and business transformation services and expands its customer relationships and presence across the US.

The Firefly Group made a majority investment in Sales Xceleration, a provider of fractional sales leadership services for small to mid-size businesses. Founders Mark Thacker and Chad Meyer will remain significant owners and continue to be active in the business. Concentric Investment Partners and New Canaan Funding provided financing for the transaction.

GHO Capital Partners LLP made a majority recapitalization investment in ClearView Healthcare Partners, a life sciences strategy consulting firm headquartered in Boston. GHO acquired its majority stake from RLH Equity Partners, with ClearView’s founders and leadership team retaining a material ownership position, to support global expansion and potential M&A-driven growth.

EAB announced that it has acquired Seramount, a workplace diversity, equity, and inclusion (DE&I) services firm, from Bonnier Corp. The acquisition adds Seramount’s membership, consulting, events, “Best Companies” lists, and WorkingMother.com to EAB’s portfolio, aiming to combine educational equity expertise with workplace inclusion research and insights.

UPSTACK acquired CloudAdvise, a New York-based technology infrastructure advisory firm serving midmarket and enterprise organizations globally. The deal supports UPSTACK’s strategy to accelerate growth of its cloud and internet infrastructure sourcing platform; transaction terms were not disclosed. CloudAdvise founder and CEO Greg Moss will join UPSTACK as a Partner and Managing Director and an equity stakeholder.

Renovus Capital Partners, a private equity firm, acquired LeapPoint, LLC, a digital consulting firm focused on connecting work, technology, and talent to drive digital transformation. LeapPoint’s executive leadership team will remain in place, and CEO Nicholas DeBenedetto will take a seat on the Board of Directors.

Hastings Equity Partners made a platform investment in Celerity Consulting Group, LLC. Celerity provides information management consulting services focused on helping clients retrieve, organize, and analyze large data and records for litigation, compliance, and risk management. Celerity will continue to be led by its current management team and pursue continued growth.

Secretariat, a global expert services and litigation consulting firm, acquired Washington, DC-based Economists Incorporated (Economists Inc). The deal expands Secretariat’s litigation consulting capabilities by adding a new Economic Analysis, Analytics & Strategy practice and more than 50 professionals, strengthening its presence in the United States and internationally.

Health Management Associates (HMA) has acquired Edrington Health Consulting (EHC), an Arizona-based actuarial and financial consulting firm serving health plans, providers, and government agencies. EHC specializes in Medicaid and Medicare-related data and analytics support, including capitation rate development, risk methodologies, and reimbursement strategy. Transaction terms were not disclosed.

SSI Strategy, LLC acquired Fiore Healthcare Advisors, LLC (FHA), a pharmacovigilance and clinical research consultancy and long-time partner. The deal expands SSI Strategy’s clinical research and drug safety offerings by adding FHA’s team of safety physicians and clinical research experts, following SSI’s prior growth investment from Amulet Capital Partners.

Ocean Tomo, LLC, in partnership with Bow River Capital, acquired Veris Consulting, a Virginia-based financial forensics firm. The acquisition expands Ocean Tomo’s litigation consulting capabilities by adding financial forensics, accounting/auditing expertise, and expert witness professionals to its intellectual property damages and advisory platform.

Validant Consulting acquired Greenleaf Health, Inc., an FDA regulatory consulting firm headquartered in Washington, D.C. The deal supports Validant’s international growth strategy of combining regulatory and quality providers, backed by healthcare investor GHO Capital. Concurrent with the acquisition, Greenleaf founder Patrick Ronan was appointed CEO of Validant.

Black Lake Capital acquired Spinnaker SCA, a business formed through the merger of SCA, LLC (SCApath) and Spinnaker SCS, LLC. SDR Ventures served as the exclusive sell-side advisor to SCApath and Spinnaker SCS in the transaction.

Sterling Investment Partners IV LP and affiliated investors made a significant new equity investment in Anser Advisory, LLC and acquired Round Table Capital Partners' ownership interests. The transaction recapitalizes Anser Advisory, a national capital program advisory and consulting firm focused on infrastructure and construction management and controls.

Motion Recruitment Partners LLC (MRP) acquired The Goal, a nationwide technology consulting and IT teaming partner serving federal clients across healthcare, civilian, and defense sectors. The Goal will continue operating under its current brand and leadership, while the deal expands MRP’s capabilities in federal tech consulting and supports growth initiatives across Motion Recruitment and Sevenstep.

Sedgwick announced that it has acquired Construction Services Company (CSC), a building consulting firm headquartered in California. The deal expands Sedgwick’s building consulting footprint in the western United States and broadens its service offerings for insurance and claims-related building consulting.

Investcorp acquired Renovus Capital Partners' majority ownership position in KSM Consulting (KSMC) and Tempus Nova. Renovus retained a sizeable minority interest and will continue supporting KSMC's growth initiatives.

Nordic, a healthcare consulting firm, announced it has acquired Bails & Associates, an ERP consulting firm specializing in Infor solutions with a strong focus on healthcare. Bails & Associates will continue operating from its headquarters in Canonsburg, Pennsylvania and will continue to serve customers under the Bails brand as part of Nordic’s family of companies.

VMG Health acquired Health Care Futures, a healthcare-focused business strategy and consulting firm with offices in Minneapolis and Chicago. Following the deal’s close, Health Care Futures will be integrated into VMG Health and its team will form part of VMG Health’s Strategic Advisory Services division.

Precision Medicine Group has acquired Project Farma, a patient-focused bioengineering and biomanufacturing services firm specializing in manufacturing strategy and scale-up for advanced therapies, including cell and gene therapy. Project Farma will become part of Precision for Medicine, expanding Precision’s end-to-end cell and gene therapy development, manufacturing, and commercialization capabilities.

Keystone Capital, Inc. completed a strategic investment in Inspire11, a digital transformation and technology innovation consultancy with offices in Chicago, Minneapolis, and Atlanta. Inspire11’s existing leadership team will continue to lead the business, and the partnership is intended to support continued scaling, talent development, and potential complementary acquisitions. Terms were not disclosed, and Wintrust Bank provided senior debt financing in connection with the transaction.

Rimkus Consulting Group, Inc. acquired Applied Safety and Ergonomics (ASE) in a strategic deal to expand Rimkus’ Human Factors practice and service offerings across the United States. ASE, a Human Factors consulting firm headquartered in Ann Arbor, Michigan, will join Rimkus to broaden geographic reach and deepen capabilities in areas such as forensic investigations, litigation support, and product safety consulting.

Falfurrias Capital Partners (FCP) acquired Ballast Research from National Journal Group. Following the transaction, National Journal chairman and owner David Bradley will remain a key investor, and Ballast president Mike Gottlieb will continue to lead the business as it expands its policy engagement, stakeholder management, and data-driven insights offerings.

Source Advisors, backed by equity partner Gainline Capital Partners, acquired Intrepid Advisors. The deal expands Source Advisors’ nationwide reach and strengthens its engineering-driven R&D tax credit consulting capabilities for manufacturing and technology clients.

Trinity Life Sciences announced the acquisition of New Jersey-based BluePrint Research Group. The deal expands Trinity’s commercially focused strategy, insights, and analytics capabilities for life sciences and strengthens its global footprint, including adding BluePrint’s London office and expanding resources across India and the U.S. BluePrint’s senior partners will remain with Trinity following the transaction.

VMG Health acquired RR Health Strategies, LLC (RRHS), a medical coding, compliance, and operational excellence management consulting firm headquartered in Hauppauge, New York. RRHS will form the foundation of VMG Health’s new Coding, Compliance, and Operational Excellence service line, led by RRHS President Pam D'Apuzzo and the legacy RRHS team. VMG Health is a portfolio company of Northlane Capital Partners, which invested in VMG Health in March 2020.

Riverside Partners, LLC completed an investment in Syner-G Pharma Consulting, LLC in partnership with the company’s founders. Syner-G provides Chemistry, Manufacturing, and Controls (CMC) technical, regulatory, and compliance consulting services to pharmaceutical and biotechnology clients. Financial terms of the transaction were not disclosed.

MSouth Equity Partners, an Atlanta-based private equity firm, announced its investment in iBenefit Communication, a benefits communication, engagement, and enrollment services company. iBenefit Communication, headquartered in Charlotte, North Carolina, provides employers with benefit communication and personalized benefit counseling services. The transaction is positioned as a platform investment to support iBenefit's next phase of growth.

Regulatory and Quality Solutions LLC (R&Q) announced that it has acquired Maetrics LLC, a life sciences quality and regulatory consulting firm. The combination is positioned as the largest global consultancy focused on regulatory and quality services for medical devices, diagnostics/IVDs, and related life science products.

Cumming Group, a portfolio company of Tailwind Capital, acquired PlanB Consultancy, a Portland, Oregon-based firm providing cost management and quantity surveying services for high-tech facilities including chip manufacturers and data centers. The deal marks Cumming’s seventh add-on acquisition since Tailwind Capital acquired Cumming in October 2016 and expands Cumming’s capabilities in the Pacific Northwest and internationally.