10 January 2019
Rimkus Consulting Group Announces Capital Infusion to Support Long-Term Growth Strategies
Minority stake by Century Equity Partners increases resources for leading global forensic engineering and consulting firm
HOUSTON, TX – January 10, 2019 – Rimkus Consulting Group, Inc. (“Rimkus”), a worldwide provider of forensic consulting services, today announced that Century Equity Partners has invested in Rimkus and taken a minority stake in the company. The transaction will allow Rimkus to pursue significant opportunities to grow domestically and internationally through acquisitions, while continuing to organically grow its core services lines and build around its first-rate team of globally renowned experts.
“The capital from our partnership with Century Equity Partners is a catalyst to drive our business forward, fund our growth initiatives and invest in talent, technology and services to complement our existing business strategies,” said Curtis Brown, Rimkus Consulting Group Chairman of the Board. “The transaction will enable us to stay ahead of our global customers’ requirements and continue to invest in solutions that will enable Rimkus to remain the leader in our field.”
“With more than 30 years of experience and a team of seasoned experts, Rimkus is a proven leader in the industry,” said Peter Laino, managing director at Century Equity Partners. “We look to invest in companies with strong management teams, committed and talented employees, and a culture and history of success. We see each of those elements in Rimkus Consulting Group.”
About Rimkus Consulting Group, Inc.
Rimkus Consulting Group, Inc. is a worldwide provider of forensic consulting services to insurance companies, law firms, corporations and government agencies. Rimkus assists clients in the responsive and timely resolution of claims and disputes. The company’s team of professional engineers, architects, scientists, and technical specialists is recognized for its commitment to service excellence by local, national and international business communities. For more information, visit www.rimkus.com.
About Century Equity Partners
Century Equity Partners, LLC ("Century") is a Boston based private equity firm that provides capital to lower middle market companies seeking investments to support growth or fund acquisitions, partial buyout or recapitalization opportunities. Century focuses on companies operating across the insurance, asset & wealth management, specialty finance, and banking and lender services sectors.