Epiq announced today the sale of its Global Business Transformation Solutions (GBTS) division to K2 Services, a prominent managed services provider. This transaction allows Epiq to sharpen its focus on technology-enabled legal solutions, while significantly expanding K2’s presence in the professional services sector.
The acquisition of GBTS is part of a broader strategy by K2 Services, which also acquired outsourcing and staffing company Forrest Solutions. This dual acquisition is backed by a majority investment from Renovus Capital Partners, a private equity firm managing over $2 billion in assets. Together, these entities form a combined organization of more than 4,500 professionals offering managed services across on-site, off-site, and offshore capabilities.
Epiq’s Strategic Pivot
For Epiq, the sale of GBTS represents a significant strategic shift towards its core competency in legal technology and services. David Dobson, CEO of Epiq, emphasized the move as part of the company’s commitment to technological innovation.
“At Epiq, we made a commitment to our clients to never leave them behind when it comes to technology and its application,” Dobson stated. “The sale of Epiq GBTS is a strategic shift as we continue to focus on innovation, expanding our technology portfolio, and delivering even greater impact to our clients across the legal ecosystem.”
The New York-based company, employing approximately 3,800 people across 17 countries, describes itself as the most advanced alternative legal service provider in the market. With the sale, Epiq will concentrate on technology services, including proprietary AI solutions and SaaS offerings, to advance its mission as a tech-enabled legal solutions provider. The company plays a crucial role in administering complex legal settlements and transforming legal outcomes for clients.
Epiq GBTS had partnered with organizations to deliver strategic expertise in operational and business services, helping clients streamline processes, enhance efficiency, and refocus resources on core business priorities. The division provided key business services outsourcing across front, middle, and back-office functions, offering benefits like increased scalability, centralized operations, improved cost-effectiveness, and standardized service delivery.
K2’s Expansion Strategy
For K2 Services, these acquisitions represent an expansion from its roots as an IT managed services provider for the legal industry into a comprehensive managed services company. The Chicago-based firm specialized in IT hosting, consulting services, 24/7 help desk, network and security operations, and enterprise application platforms.
“These acquisitions mark a major leap forward in our long-term roadmap — dramatically expanding our capacity to deliver integrated, people-driven and technology-powered solutions for our clients’ back, middle, and front office operations,” said Christopher Petrini-Poli, executive chairman at K2 Services. “Client demand is driving this momentum. We’re redesigning, implementing, and operating these support functions on our workflow automation platforms, freeing our clients to focus on increasing revenue.”
Nicholas Quil, vice chairman at K2 Services, highlighted the comprehensive nature of the expanded portfolio: “Our newly formed comprehensive portfolio empowers us to deliver true end-to-end managed services, enabling us to develop forward-looking strategies with our clients.”
New Leadership for K2
To lead the combined organization, K2 Services appointed Michelle Deichmeister as chief executive officer. Deichmeister, who previously served as president of Epiq GBTS, brings more than 35 years of experience leading transformation initiatives across multiple industries. Her expertise includes scaling global operations for Fortune 500 companies, Am Law 200 firms, and top financial institutions.
“With this evolution, we are now unmistakably positioned as the premier managed services provider — delivering transformative impact across industries,” Deichmeister said. “By fusing deep strategic expertise, key talent, and technology-enabled managed services, we’re reshaping the future of enterprise performance for our clients.”
Deichmeister emphasized that the new entity will function not merely as a managed services provider but as an operational architect working with clients to design, implement, and manage their operations. “This newly formed business will be more than a managed services provider — we’re strategically helping our clients architect the operational backbone of their business,” she added.
Addressing A Market Gap
K2’s acquisitions were supported by Renovus Capital Partners, a lower middle market private equity firm based in the Philadelphia area, specializing in knowledge and talent industries. Founded in 2010, Renovus manages over $2 billion across its sector-focused funds and maintains a current portfolio of more than 30 U.S.-based businesses specializing in education and training, healthcare services, technology services, and professional services.
Lee Minkoff, managing director at Renovus Capital, commented on the investment: “We are filling a gap in the industry by providing streamlined business and technology services that will allow clients to focus on their core revenue-generating operations and grow more profitably. We’re excited to partner with K2 Services to bring together this level of expertise to help clients modernize and strengthen their operational and technology infrastructure.”
Note: This article is inspired by content from https://www.lawnext.com/2025/11/k2-services-acquires-epiqs-business-process-outsourcing-division-in-strategic-realignment.html. It has been rephrased for originality. Images are credited to the original source.