Panum Group, LLC Promotes Former Controller Matt Fecik to Chief Financial Officer

Bethesda, MD — February 25, 2020 —Panum Group, LLC (Panum), a fast-growing, leading professional services organization that provides management consulting, professional services and technology services to the Federal Government, today announced the promotion of Mr. Matt Fecik, former Controller, as the company’s new Chief Financial Officer (CFO) and latest addition to its executive team.

Serving as Controller since 2016, Matt has ensured accurate and timely financial statements at Panum and helped the company achieve an annual growth rate of 20 percent. He was heavily involved in the sell-side diligence process of Renovus Capital Partners’ minority investment in Panum in 2017. Matt will continue to lead the financial organization as CFO, providing strategic financial direction for Panum’s leadership.

Matt’s leadership and financial acumen have contributed to Panum’s recent growth. Over the past three years, the company transformed from a Small Business to a Large Business with more than 700 employees as a result of new contract awards and the acquisition of Marton Technologies Inc., in which Matt serves as CFO and Board Member. Matt has been and continues to be instrumental in Panum’s growth, financial leadership and success. Panum CEO Ms. Sujata Gupta said, “Matt’s promotion will help us continue to support our aggressive growth plans and direct the staff to attain financial goals.”

“He complements our strong performance-oriented culture, and we believe his impressive performance in financial execution and achieving results makes him the right choice to lead our finance department," said Panum President Mr. Vijay Mishra.

Matt received his bachelor’s degree in Accounting from St. Vincent College and is a Certified Public Account (CPA).

About Panum Group, LLC

Panum Group provides Professional Services, Management Services and Technology Services for more than 24 federal agencies. Panum’s unique expertise and innovative solutions address federal customers’ greatest business and mission challenges. For more information, please visit www.panum.com.

About Renovus Capital Partners

Renovus Capital Partners is an education, training and human capital-focused private equity firm with over 50 years of experience investing in mid-sized companies. Based in Wayne, Philadelphia, Renovus manages over $500 million in assets under management. To date, the firm has invested in more than 25 portfolio companies specializing in US-based education, technology and human capital enterprises. For additional information, see www.renovuscapital.com.