Renovus Capital Partners has acquired QualX Corporation, a provider of records and information management, digital transformation, and business process improvement services to agencies across the US Federal government.
Financial terms of the deal have not been disclosed.
According to a press statement, the deal will enable QualX to “further invest in innovative solutions for its Federal agency clients including the Departments of Defense, State, Treasury, Health & Human Services, Labor, and Homeland Security”.
With the support of Renovus, QualX intends to enhance its existing technology solutions, expand its team, pursue strategic acquisitions, and extend the company’s footprint.
DLA Piper served as legal counsel to Renovus. Greenberg Traurig LLP served as legal counsel to QualX, and Monument Capital Partners served as financial advisor to QualX.
Financial terms of the deal have not been disclosed.