Citizens M&A Advisory served as the exclusive financial advisor to Thought Logic Consulting, a business and technology transformation consulting firm, on its growth capital investment from Renovus Capital Partners, a Philadelphia-area private equity firm.
“We are incredibly excited to partner with Renovus in our next phase of growth,” Keith Roberts, founder and CEO of Thought Logic, said. “The combination of our service excellence, rooted in our core tenets of ‘listen, collaborate and deliver,’ and Renovus’ proven track record of adding strategic value to founder-led businesses will supercharge Thought Logic’s vision of becoming the best regional business and technology consultancy.”
“We could not be more enthusiastic about the Thought Logic and Renovus partnership. Keith and the Thought Logic team did an outstanding job of leading the business through the challenging and dynamic market brought on by COVID-19 in tandem with navigating a capital raise process. Thought Logic is an excellent addition to Renovus’ distinguished portfolio of high-growth, market-leading consulting firms,” Tom Donahue, a managing director at Citizens, said.
“The Citizens team did an outstanding job securing a growth investment for Thought Logic. Not knowing what to expect, the entire team did a fantastic job navigating us through the transaction and acting as a 24/7 extension of Thought Logic. From the leadership and strategic vision of Tom Donahue to the tactical execution and dedication of the entire team, I could not be more pleased with Citizens and our outcome,” Roberts said.
“As industry specialists, we have a strong affinity for niche businesses that offer cost effective and innovative services to address complex business challenges faced by their clients. Thought Logic, through its experienced consultants deployed in a local coverage model, does just that,” Atif Gilani, founding partner of Renovus Capital Partners, said. “Keith and his team have done a great job growing their business thus far and we are excited to support them in further expanding their platform.”
