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Rimkus Embarks on a New Era of Expansion with HGGC's Investment: A Strategic Leap Forward

Gracie Gottlieb | 22 February, 2024

In the dynamic world of engineering and technical consulting, few firms have managed to leave an indelible mark on the industry as Rimkus Consulting Group, Inc. has. Celebrating 40 years of unparalleled service and expertise, Rimkus stands at the forefront of innovation and growth, having recently announced a strategic growth investment from HGGC, a leading middle-market investment firm. This partnership is not only a testament to Rimkus' legacy of excellence but also a beacon of its future trajectory aimed at broadening service portfolios and enriching client experiences worldwide.

Rimkus Consulting Group, Inc., headquartered in Houston, has been a cornerstone in the engineering and technical consulting sphere, providing a myriad of services to a global clientele that includes corporations, law firms, insurance carriers, third-party administrators, and government agencies. Their unparalleled expertise in forensic consulting, dispute resolution, construction management services, and human factors support has set them apart in the competitive landscape.

The investment from HGGC marks a significant milestone in Rimkus' journey, unlocking new avenues for growth and innovation. Jonathan Higgins, the President and CEO of Rimkus, has expressed enthusiasm over this partnership, viewing it as an opportunity to accelerate growth and expand service offerings, thereby enhancing value for their clients. With HGGC's resources and expertise at their disposal, Rimkus is well-positioned to scale new heights in its operational and service capabilities.

HGGC, with its proven track record of fostering growth and building lasting value, sees Rimkus as a partner with an exceptional brand and a distinct culture. Their investment is driven by a shared vision to broaden Rimkus' service offerings and deepen its bench of expertise, all while leveraging technology to streamline operations. This collaboration signals a forward-thinking approach, aiming to fortify Rimkus' market leadership and enhance its operational excellence.

Over the past three years, Rimkus has demonstrated remarkable growth through strategic acquisitions, expanding its global footprint to over 110 offices and strengthening its team to more than 1,500 employees. This expansion has been complemented by a strategic rebranding initiative and significant investments in technology, reiterating Rimkus' commitment to adapting to the evolving needs of its clients and staying ahead in the industry.

The partnership with HGGC, coupled with the continuing support from Century Equity Partners and the roll-in of significant equity by the Rimkus management team, heralds a new era of growth and innovation for Rimkus. This collaborative effort is poised to enrich Rimkus' service portfolio and amplify its ability to serve clients with cutting-edge solutions.

J.P. Morgan's role as the exclusive financial advisor to Rimkus in this transaction underscores the strategic importance of this partnership. Furthermore, the advisory roles of Baird and Piper Sandler for Century Equity Partners and HGGC, respectively, highlight the collaborative effort that has gone into structuring a deal poised to have a profound impact on the industry.

In its 40-year legacy, Rimkus has been synonymous with excellence and innovation. The firm's drive to exceed client expectations and its commitment to continuous improvement have been the cornerstone of its success. With this strategic investment from HGGC, Rimkus not only celebrates a significant milestone but also embarks on a journey marked by growth, innovation, and an unwavering commitment to service excellence. This partnership is a clarion call to the industry, heralding the beginning of a new chapter in Rimkus' story, one that promises to further cement its position as a leader in engineering and technical consulting on a global scale.

As Rimkus prepares to navigate this new chapter, the industry watches with keen interest. The synergies between Rimkus' technical prowess and HGGC's strategic guidance are set to create a powerhouse in the engineering and technical consulting sector. This partnership, built on a foundation of mutual respect and a shared vision for the future, is a beacon of progress and innovation. It underscores the transformative potential of strategic investments in propelling firms towards unprecedented growth and operational excellence.

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