Equiteq advises evolv Consulting on investment from Interlock Equity

January 31, 2024

Equiteq, the global boutique investment bank, is pleased to announce that it has acted as exclusive financial advisor to evolv Consulting, a leading data-driven digital and business consulting firm, on its investment from Interlock Equity, a growth-oriented private equity firm.

evolv serves enterprise clients by bringing a fresh perspective to navigating the shift to a data-driven business and technology landscape. The company specializes in a comprehensive suite of services, including business strategy, data & analytics, and digital transformation.

Under the leadership of co-founders, Eric Neef and Mike Bogda, the company is differentiated as an Elite Services Partner in the Snowflake ecosystem, one of 29 in the US and one of 43 globally. The investment from Interlock is anticipated to bring a blend of expertise and resources, further solidifying evolv's position as a leader in consulting solutions.

Rob Zielinski, Managing Partner at Interlock Equity, conveyed his enthusiasm for the partnership stating, "Our investment in evolv reflects our confidence in the company's exceptional client delivery and strong momentum in the data and analytics market. Our collaborative efforts will continue the expansion of services, entry into new markets, and introduction of strategic acquisitions—all while reinforcing their commitment to being a relationship-first organization.”

evolv remains steadfast in its dedication to providing exceptional services to clients and will continue to be led by the existing leadership team. With continued investment in their Snowflake partnership, evolv will capitalize on the company's industry expertise within key verticals, including healthcare, financial services, telecommunications, and manufacturing. The team is committed to continuous innovation and serving as a trusted advisor to enterprises by driving tangible impact via data-driven solutions.

Eric Neef, CEO of evolv, stated "This strategic investment from Interlock represents a significant milestone for evolv. The cultural and philosophical alignment between our firms was clear from the beginning. This partnership will enable an accelerated growth trajectory, while allowing evolv the ability to enhance an already amazing culture as the business scales."

Commenting on Equiteq’s role in the transaction, Eric added “The entire Equiteq team really understands our business and the evolv offerings: Strategy, Data & Analytics, and Digital Transformation. The drive they showed in finding us the right partner was remarkable. Equiteq led a great process that led us to an outstanding result with a partnership with Interlock Equity. I would highly recommend Equiteq as a trusted advisor.”

Greg Fincke, Managing Director and Co-head of Americas at Equiteq, noted "It was an absolute pleasure to advise Eric, Mike, Greg, and the evolv management team throughout the process, which ultimately led to the team selecting a great partner in Interlock Equity. We are excited about the partnership and opportunities for growth.”

Read more on the deal here: https://www.prnewswire.com/news-releases/interlock-equity-makes-a-strategic-investment-in-evolv-consulting-302040025.html

View all deals >>

RELATED RESOURCES

Publication

Equiteq has acted as corporate finance advisor to NVM Private Equity on its investment in Leading...

READ PUBLICATION
Publication

Equiteq is pleased to have advised leading infrastructure consultancy Infrata on a majority...

READ PUBLICATION
Publication

Equiteq, the leading M&A advisory firm for companies in the knowledge economy, is pleased to...

READ PUBLICATION
Publication

READ PUBLICATION