Deal further promotes company’s leadership in data-powered technology advisory services CHARLOTTE, NORTH CAROLINA (Jan. 4, 2022) – Crosslake Technologies, a leader in providing data-driven technology advisory services to private equity firms and their portfolio companies, announced it has completed its second acquisition in a year with the purchase of Renna Partners. The move comes just… Read More

The past two years turned out to be a master course in rapid digital transformation. From manufacturing to healthcare and every industry in between, employers and workers have had to reevaluate the way they do business among shelter-in-place orders, mask mandates and the availability of vaccines. The private equity ecosystem wasn’t spared in this shakeup…. Read More

Security is a critical aspect for any mid-market private equity (PE) firm with a portfolio of companies under its management. Tracking and ensuring that each company manages their security appropriately is time-consuming, but the consequences of not doing so can be very high both financially and reputation-wise. At Renna, we worked with one client who… Read More

We frequently work with companies who are using business systems that no longer support their growing requirements. Many of these companies are at or past the point where they should be considering upgrading to a more robust solution. But how can you tell whether it is time to make the move? Before we examine the… Read More

We’re pleased to share this interview, hosted by Eric Kimberling with our own Mike Bestvina, covering what executives and private equity firms need to know to transform their IT functions and manage digital transformation within high-growth organizations. Watch on YouTube Topics include: About Renna Partners (2:55) Biggest challenges in IT when scaling for growth (6:35)… Read More

The idea that for a company to be successful, it must take advantage of bleeding-edge technology isn’t necessarily wrong. But it also isn’t necessarily right. There are advantages and disadvantages to using bleeding-edge technology that you have to understand, and there is no one right answer to the question of whether you should use it… Read More

For a private equity firm going through due diligence to invest in a new company, the opportunity to leverage technology in a more meaningful way often comes up. Understanding what can be done from a digital transformation perspective that will drive competitive advantage is the key but is often challenging to figure out. It’s somewhat… Read More

Most organizations understand the urgency for digital transformation. Whether it’s responding to changing customer expectations, adopting new business models, automating operations to improve efficiency, or reducing security and compliance risks, business as usual isn’t enough. For a private equity firm acquiring a new company, fully understanding the impact of digital transformation in terms of cost… Read More

Alex Agran’s Private Equity Technology Podcast is on every "best podcasts" lists for PE investors. On the latest episode two of our partners, Mike Bestvina and Sean Lyons, discuss trends in technical and digital diligence, nuances of assessing IT operations, looking at technology through a strategic lens, and more. Listen now on your preferred podcast… Read More

Mid-market companies look to private equity for a number of reasons. In some cases, the founders want to exit and achieve a liquidity event. Other times, it’s to infuse capital into the company to enable continued growth when they know they are unable to raise funds or have hit a plateau of where they can… Read More