Insight Technology Solutions, a Maryland-based provider of maritime engineering, logistics, and technology solutions to the Federal government, has recently named Matthew Anderson as its new President. Mr. Anderson was promoted to the position after nearly 12 years of diverse experience with the Company, where he has served in roles such as Account Manager, Director of Operations, and most recently, Vice President.
Originally founded in 1999, Insight’s team of subject matter experts provides mission focused, complex services to various Federal customers including the U.S. Coast Guard and other Department of Homeland Security agencies. After more than two decades of sustainable growth, the Company was acquired in 2020 by Renovus Capital Partners (“Renovus”), a private equity firm specializing in the Knowledge and Talent industries. Through the combined efforts of Renovus and the leadership team, Insight remains focused on sustainable growth efforts including service and vehicle expansion and add-on acquisition opportunities.
Mr. Anderson added, “When I first started with Insight, we were a company of less than 25 employees. It has been my distinct pleasure to be a part of the transformational growth that has established Insight as a leading service provider to the Federal government. I am excited to partner with Renovus as we build upon our legacy of trusted service and grow to serve new customers with expanded offerings and contract vehicles.”
About Insight Technology Solutions
With over twenty years of experience supporting the Federal Government, Insight Technology Solutions provides a wide breadth of professional and technical capabilities spanning business, mission and program support, financial and budget support, lifecycle logistics and engineering, and enterprise information technology and communications support. Insight has built an impeccable reputation for providing cost-effective solutions and quality services exemplified through ISO 9001:2015, ISO 20000-1:2011, and CMMI Level 2 certifications. For more information, visit www.insighttsi.com.
About Renovus Capital Partners
Founded in 2010, Renovus Capital Partners is an investment firm specializing in the Knowledge and Talent industries. Renovus, based in the Philadelphia area, manages over $1 billion across several investment vehicles. The firm’s current portfolio includes over 20 U.S. based businesses across its four Knowledge and Talent verticals of Education & Training, Healthcare Services, Technology Services and Professional Services. Renovus typically partners with founder-led businesses, leveraging its industry expertise and access to debt and equity capital to make operational improvements, pursue add-on acquisitions and oversee strategic growth initiatives. More information can be found at www.renovuscapital.com.