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Consumer Product Transaction

About the Futura + Renovus Capital

has been acquired by

August 20, 2020  |  Philadelphia, PA

Mufson Howe Hunter & Company (“MHH”) is pleased to announce that Futura Mobility LLC (“Futura Mobility”) has been acquired via a management buyout with capital provided by Renovus Capital Partners (“Renovus”). The transaction represents a successful transition of ownership from the founding principal to the current CEO, David Gulian. Mr. Gulian will focus his partnership with Renovus on accelerating growth, deepening the product offerings and continuing to provide a differentiated level of client service.

“Our objectives for this transaction were to transition ownership to our CEO and to establish strong alignment between David’s and the investor’s longer-term vision for Futura Mobility. MHH did an outstanding job finding the ‘right’ investor as well helping us navigate the appropriate structure for this transaction. I am excited to see this partnership take Futura Mobility to the next level,” said Janet DeNicola, the Chairman of Futura Mobility.

Futura Mobility is a premier technology services provider with enterprise mobility DNA and deep domain expertise in application services, IT infrastructure and managed solutions for healthcare systems and Fortune 1,000 enterprise clients.

MHH acted as Futura Mobility’s exclusive financial advisor for the transaction. This engagement underscores MHH’s commitment to partnering with leading technology-enabled service companies, and highlights the firm’s deep domain expertise and established relationships in the sector.