HBR Splits Advisory Business From IT Managed Services With Private Equity Acquisition | Legaltech News – Law.com

HBR Consulting announced Tuesday that private equity firm Renovus Capital acquired HBR’s Advisory business, effective Nov. 10, 2022. As part of the acquisition, HBR’s Advisory business will separate and operate independently from its Information Technology (IT), Managed Services and Keno Kozie businesses.

The bifurcation of the two businesses aims to allow the two sides to keep up with clients’ evolving technology needs, said Nicholas Quil, former CEO of HBR who will now assume the role of CEO of the IT, Managed Services and Keno Kozie businesses.