WAYNE, PA — Renovus Capital Partners, a private equity firm located near Philadelphia, has announced its acquisition of QualX Corporation, a leading provider of records and information management services for federal agencies. Founded in 2009, QualX is known for supporting departments like Defense, State, and Homeland Security with digital transformation and business process improvements.
This acquisition allows QualX to enhance its technological capabilities and expand its team, positioning the company for strategic acquisitions and broader market outreach. Alan Moon, Founder of QualX, expressed enthusiasm about the partnership, stating, “Renovus is an ideal partner for QualX…this partnership marks the beginning of an exciting chapter for our company.”
CEO Jon Persson echoed this sentiment, highlighting the potential for accelerated growth, “With Renovus, we are well positioned to capitalize on market opportunities…providing greater value to government agencies.”
Renovus Partner Manan Shah remarked on QualX’s industry leadership, “They have an impeccable record of providing the highest quality services in support of agencies’ missions…we are very happy to be their partner in growth.”
Legal advisement for the transaction was provided by DLA Piper for Renovus and Greenberg Traurig LLP for QualX, with financial advice from Monument Capital Partners. Financial specifics of the deal remain undisclosed.
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