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New Deal


Announced

Completed

Renovus Capital completed the acquisition Miracle Systems.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Domestic

Friendly

Single Bidder

United States

Software

program management

Private

Acquisition

Completed

Majority

Synopsis

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Renovus Capital, a private equity firm, completed the acquisition Miracle Systems, a provider of solutions and outstanding service to Federal clients. Financial terms were not disclosed. "The combination of Panum and Miracle under the Aretum umbrella is yet another step in our growing commitment to support the mission of government agencies with technology and management consulting services. We are confident that Aretum will bring technology-focused innovative solutions to support our customers while unlocking value for our investors and stakeholders," Atif Gilani and Manan Shah, Renovus Capital Partners.

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