Renovus Capital Partners (“Renovus”), a Philadelphia-area based investment firm, announced today that it has made a significant growth capital investment in Deep Water Point (“DWP” or the “Company”), an Annapolis, MD based strategic advisory firm that assists small and large enterprises accelerate their growth in the complex Federal marketplace. Renovus’ investment will support the continued growth of the Company through expanded investments in new services, talent recruitment, and strategic acquisitions.
Founded in 2005 by industry veteran, Howard Seeger, DWP assists its customers in growing their Federal business by offering them market intelligence, advance capture and business development services, subject matter expertise consulting and set-aside graduation strategies. DWP delivers its services through an expansive team of over 250 distinguished former Federal government officials and industry veterans with an average of 32 years of experience.
“We are excited to embark on this new chapter in our journey and are confident that Renovus’ resources and network will enable us to continue to drive superior outcomes for our clients and position us for accelerated growth,” said Howard Seeger, Founder and CEO of DWP.
“We invested in DWP because of its strong track record of success in solving mission critical challenges for its clients. DWP’s differentiated services, deep Federal expertise and relationships, and client-first service mentality are unparalleled in the space, and we are excited to be chosen as their growth partner,” said Atif Gilani, Founding Partner at Renovus.
7 Mile Advisors served as the sell-side advisor to Deep Water Point. DLA Piper served as legal counsel and CFGI as accounting advisor to Renovus.
About Deep Water Point
Founded in 2005 by Howard Seeger, Deep Water Point is a strategic advisory firm that helps businesses identify and win opportunities in the Federal government market. With 250+ former senior government and industry executives who have operational experience and a proven track record of success, the Company’s expertise covers the Federal Civilian, DOD, Intelligence Community, and Health and Life Sciences markets. Deep Water Point’s array of services, from opportunity identification through capture, implementation, and operations, provide the complete lifecycle to address its customers’ most complex challenges.
About Renovus Capital Partners
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. The firm’s current portfolio includes over 20 U.S. based businesses specializing in education and training, B2B healthcare services, technology services and professional services. Renovus typically partners with founder-led businesses, leveraging its industry expertise and access to debt and equity capital to make operational improvements, pursue add-on acquisitions and oversee strategic growth initiatives. More information can be found at www.renovuscapital.com.
Media Contact:
John C. Johnson, Partner
Marketing, Communications and Recruiting
info@deepwaterpoint.com
