Chicago, IL – January 31, 2020 – Svoboda Capital Partners, LLC (“SC”), is pleased to announce the recapitalization of Kenway Consulting (“Kenway” or the “Company”). Specific terms of the transactions were undisclosed.
Kenway, founded in 2004 and based in Chicago, IL, serves as a management and technology consultancy. The Company provides IT and business solutions to middle market and enterprise clients operating across a range of industries, including financial and professional services, manufacturing and industrial, telecom and software / IT, and healthcare, among others.
Matt Kueker, who previously served as Kenway’s Managing Director, has assumed the role of Chief Executive Officer (CEO). Brian King, Kenway’s founder and former CEO, will now serve as the Company’s Scottsdale office lead and member of the Board of Directors.
“Since Kenway’s inception, I have referred to Kenway as the company for which I always wanted to work. Our culture, values, entrepreneurial spirit, collaborative environment, respectful workplace, and commitment to clients, employees and the community have helped us grow into what we are today,” said King. “SC believes in these differentiators and appreciates everything they bring to our business. This exciting partnership, along with the energy and enthusiasm Matt brings to the CEO role, will help position Kenway for accelerated growth, continued success, and long-term value for our clients and employees. With this news, now more than ever, Kenway is the company for which I always wanted to work.”
“For the past 14 years, it’s been a privilege to work with such a talented group of colleagues, always driven by Kenway’s Guiding Principles that center on integrity, quality, value and respect,” said Matt Kueker. “I’m honored to be a part of this new chapter of Kenway’s history, as we build upon this successful momentum we’ve created together. It’s especially exciting to be able to partner with the great people at SC on the journey toward our Kenway 2025 Vision.”
“We are impressed by Kenway’s consistent growth and its talented and energetic team which remains focused on building a culture that delivers outstanding client service,” said David Rubin, Principal at SC. “SC’s partnership with Kenway reflects our firm’s continued focus on investing in and helping build great professional services companies.”
For more information, please visit www.kenwayconsulting.com
About Svoboda Capital Partners LLC
Svoboda Capital Partners LLC is a Chicago-based private equity firm with over $400 million of capital under management. Founded in 1998, SC identifies, invests in, and helps build excellent businesses in its targeted business niches: value-added distribution, business services, and consumer products. SC typically makes investments of $10 to $20 million per company in partnership with management teams.