Renovus Capital Partners' Aretum Acquires Miracle Systems

ARETUM Acquires Artemis Consulting

August 21, 2023

Government & Public Sector

ARETUM, a Renovus Capital Partners-backed government contracting platform based in Bethesda, Maryland, has acquired Artemis Consulting, Inc., a McLean, Virginia-based prime contractor that provides IT and management services to federal agencies. The acquisition is an add-on to expand ARETUM's cloud enablement, agile/DevOps, and legacy modernization capabilities for Department of Defense, Department of Homeland Security and other federal clients.

Aretum Acquires Veterans Engineering to Expand Federal IT, Cyber, and Cloud Capabilities

December 11, 2025

IT Services

Aretum has acquired Veterans Engineering, a Rockville, Maryland-based federal technology solutions provider, to strengthen Aretum's cloud, cybersecurity, and digital transformation offerings across defense, intelligence, and civilian agencies. The transaction was backed by Renovus Capital Partners and will have Veterans Engineering operate as a wholly owned subsidiary of Aretum as part of the firm's continued platform growth and capability expansion.

Renovus Capital Partners Closes $325M Continuation Fund to Recapitalize Four Portfolio Companies

February 27, 2024

Professional Services

Renovus Capital Partners closed a $325 million multi-asset continuation fund to recapitalize four portfolio companies — Aretum, ClinicalMind, Lockstep Technology Group and Phoenix East Aviation — enabling existing LPs to realize gains while providing rollover capital and an incremental $60 million for strategic acquisitions. The fund was anchored by leading limited partners including New 2ND Capital, RCP Advisors, Blackstone Strategic Partners, Montana Capital Partners, Unigestion and Arcano Partners; Jefferies served as exclusive financial advisor and DLA Piper as legal counsel.

Arlington Capital Partners Forms Neumo by Combining Avenu, ITI and GovOS

August 13, 2025

Cloud & SaaS

Arlington Capital Partners has formed Neumo, a new GovTech leader, by merging Avenu Insights & Analytics and Intellectual Technology, Inc. and completing the acquisition of GovOS. The combined company (headquartered in Centreville, Virginia) will offer integrated cloud-based software and payments solutions to state, local and federal governments to modernize operations and expand capabilities.

Renovus Capital Partners Makes Majority Investment in Performive

November 4, 2024

IT Services

Renovus Capital Partners has made a majority (control) investment in Performive, a managed IT services provider focused on cloud, infrastructure, and cybersecurity for mid-market enterprises. The capital will be used to accelerate product innovation, enhance customer experience, build the team, and pursue add-on acquisitions as Performive becomes Renovus' first platform from its Renovus IV fund.

Aperture, LLC Acquires NOVUM Consulting Group

August 1, 2024

Professional Services

Aperture, LLC, a Trinity Hunt Partners portfolio company, has acquired NOVUM Consulting Group, a boutique financial consulting and expert witness firm headquartered in The Woodlands, Texas. The deal brings NOVUM's economic damages, valuations, licensing advisory and IP expert witness capabilities into Aperture's national forensics and litigation support platform to expand service offerings.