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Renovus Launches Opensity: New Managed Services Powerhouse

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Private equity firm Renovus Capital Partners has unveiled Opensity, a new managed services platform formed through the merger of three companies: K2 Services, Epiq GBTS, and Forrest Solutions. The newly formed entity aims to provide comprehensive business process outsourcing and technology solutions to enterprise clients.

This strategic combination creates a scaled provider in the competitive managed services sector, bringing together complementary capabilities in legal services, technology solutions, and business process management. The merger represents Renovus's continued investment in building platform companies within the business services industry, following its established playbook of creating value through consolidation and operational improvements.

While financial terms were not disclosed, the formation of Opensity demonstrates ongoing consolidation trends in the managed services market as firms seek to expand their service offerings and geographic reach. The combined entity positions itself to compete more effectively against larger industry players by offering integrated solutions that address complex client needs across multiple business functions.