Renovus Capital Partners acquires data consultancy Premier International

18 October 2022 2 min. read

Renovus Capital Partners has acquired Premier International Enterprises, a Chicago-based data consultancy.

Founded in 1985, Premier helps large companies solve their data migration challenges. The firm specializes in helping global corporations consolidate the business operations and ERP systems of acquired companies.

The firm’s software tool Applaud covers data extraction, profiling, staging, analysis, cleansing, transformation, validation, load, and reconciliation.

Premier has deep experience across diverse software implementations, application areas, and both on-premise and cloud solutions.

“At Premier, we work hard and play hard,” notes the firm’s LinkedIn page. “Other companies may say that, but we live it out.”

Renovus Capital Partners acquires data consultancy Premier International

Premier's team of business consultants, software developers, and subject matter experts numbers more than 135 people, according to LinkedIn.

Renovus, a lower middle-market private equity firm based in Philadelphia, will now take a majority stake in Premier. The consultancy will use the investment to improve its software product, pursue acquisitions, and enhance its service offerings.

“As organizations scale and the market for big data grows, enterprises have been more and more focused on having clean, quality data in a centralized location," said Atif Gilani, founding partner at Renovus. "Premier is well-positioned to capitalize on these trends due to its differentiated data migration offerings coupled with new capabilities recently introduced, including master data management and data governance."

Renovus last year invested in Thought Logic Consulting, an Atlanta-based provider of management and technology consulting services, and LeapPoint, a Reston, VA-based provider of work management technology consulting. The private equity firm also divested its majority stake in KSM Consulting, retaining a minority stake.

"Renovus brings significant experience investing in the technology services industry, and we are excited to leverage their knowledge to refine our strategy, scale our delivery resources, and expand our offerings both organically and inorganically," said Craig Wood, CEO of Premier. "We remain focused on accelerating the future for our clients by bringing transformative data solutions to them and we are confident Renovus and their investment will unleash the full potential of Premier to support that goal."

Founded in 2010, Renovus invests in businesses in education and training, healthcare services, technology services, and professional services. The firm manages approximately $1 billion in investments and has a portfolio of more than 25 US-based businesses.