Bahrain-based Investcorp acquires KSM Consulting

SourceEmirates Business
SectorReal Estate

Investcorp, a Bahrain-based asset manager that counts Mubadala Investment Company as its biggest shareholder, on Monday announced that one of its affiliates has acquired a majority ownership position in KSM Consulting, a leading consulting firm specialising in data analytics, technology and digital transformation, from Renovus Capital Partners, which will continue to maintain a minority stake in KSMC. Terms of the transaction were not disclosed. Founded in 2008 and headquartered in Indianapolis, KSMC delivers smart, custom solutions to the most complex challenges of more than 700 private and public sector organisations. This is done by leveraging deep expertise in data analytics, technology and digital transformation.

Investcorp's partnership with KSMC will focus on continuing the firm's organic growth, expanding geographically across the United States and broadening KSMC's service offerings into strategic adjacencies. more...