Kroll’s Technology and Business Services Investment Banking Practice Advised xFact on Its Merger with DataServ

On June 13, 2025, xFact (or the "Company"), announced its merger with DataServ, a leading provider of managed IT, cybersecurity and infrastructure solutions.

Kroll’s Technology and Business Services Investment Banking practice served as the exclusive financial advisor to xFact in connection with the transaction.

About xFact

Founded in 2000, xFact is an innovative technology and business solutions firm focused on serving public sector organizations. The company works with state and local agencies primarily in the public safety and criminal justice and health and human services sectors. xFact provides IT and management capabilities including digital transformation, systems integration, cloud modernization, legacy modernization, data management, and other solutions. The Company is based in North Andover, Massachusetts.

About DataServ

DataServ provides forward-thinking information technology consulting services and solutions to schools, municipalities, and mission-driven organizations. The company offers strategic services, managed services, end-user support, project-based services, and workflow management services, thereby enabling clients to grow their businesses through digital transformation.

About Renovus Capital

Renovus Capital Partners is a private equity firm headquartered in Wayne, Pennsylvania, with a focus on the Knowledge and Talent economy. Since 2010, the firm has invested in education, healthcare, and technology services companies, including those that deliver IT and consulting solutions to public sector clients. Renovus typically partners with founder-led businesses and supports growth through strategic acquisitions, operational enhancements, and leadership development. The firm manages more than $1.5 billion in assets and has completed 36+ transactions in the last five years.