Renovus Capital Partners, a Philadelphia-area based investment firm, has made a significant growth capital investment in Deep Water Point (DWP), 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.