Renovus Launches Opensity, a New Managed Services Firm Formed by Combining K2 Services, Epiq GBTS, and Forrest Solutions

Why It Matters

The merger gives Renovus a scalable platform to capture growing demand for bundled managed services, enhancing its competitive edge in a fragmented market. It signals accelerating consolidation as clients seek single‑source providers.

Key Takeaways

• Renovus creates Opensity via three firm mergers
• K2 Services adds cloud infrastructure expertise
• Epiq GBTS contributes global back‑office capabilities
• Forrest Solutions brings cybersecurity and compliance services
• Opensity targets mid‑market enterprises seeking managed services

Pulse Analysis

The managed services industry has been on a rapid expansion curve, driven by enterprises accelerating digital transformation and outsourcing non‑core IT functions. Renovus, a private‑equity firm with a track record of building infrastructure‑focused platforms, seized this momentum by unveiling Opensity. By consolidating three specialized providers into a single entity, Renovus positions itself to capture a larger share of the $300‑billion global market. The move reflects investors’ confidence that integrated service offerings will command premium pricing and higher client retention.

K2 Services contributes deep expertise in cloud infrastructure design, migration, and ongoing operations, enabling Opensity to deliver end‑to‑end platform management. Epiq GBTS brings a worldwide back‑office network that handles finance, HR, and procurement processes, adding scale and geographic reach. Forrest Solutions adds a robust cybersecurity and regulatory compliance portfolio, addressing the rising risk landscape that mid‑size firms face. The synergy of these capabilities creates a one‑stop shop, reducing the need for multiple vendor contracts and simplifying governance for customers.

For clients, Opensity promises streamlined procurement, unified SLAs, and a single point of accountability, which can translate into faster project delivery and lower total cost of ownership. Industry observers see the launch as a bellwether for further consolidation, as larger platforms seek to fill gaps in service breadth and depth. If Opensity can integrate its legacy systems and culture effectively, it may set a new benchmark for managed services providers, prompting competitors to pursue similar mergers or strategic alliances.

Deal Summary

Renovus announced the creation of Opensity, a managed services company formed through the combination of K2 Services, Epiq GBTS, and Forrest Solutions. The new firm aims to deliver integrated services across its combined capabilities.