K2 Services, LLC
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
K2 Services, LLC - overview
Established
1985
Location
Chicago, IL, US
Primary Industry
Software
About
K2 Services, LLC is a US-based company specializing in technology-enabled solutions for law firms, offering managed and support services tailored to enhance operational efficiency in the legal sector. K2 Services, LLC, founded in 1985 and headquartered in Chicago, US, focuses on providing IT solutions to law firms. The company has undergone strategic shifts to enhance its service offerings. In November 2025, Renovus Capital acquired a majority stake in K2 Services, LLC.
Financial terms of the transaction were not disclosed. In February 2026, Opensity Solutions was formed through the merger of K2 Services, LLC, Forrest Solutions and Epiq Global Business Transformation Solutions. The company's founder has a history in the tech sector and has been involved in establishing similar firms. K2 Services specializes in providing technology-enabled solutions tailored for law firms.
The company’s core offerings include Managed Services, Technology Hosting Services, Help Desk Services, and Application Managed Services. Each service is designed to enhance operational efficiency, streamline technology management, and support the unique needs of legal professionals. For instance, Managed Services encompass comprehensive IT management, while Help Desk Services offer immediate technical support to law firms, ensuring their operations remain uninterrupted. K2 Services primarily serves clients within the legal sector across North America and select international markets, focusing on mid-sized to large law firms that require robust, reliable technology solutions to enhance their service delivery and client engagement.
K2 Services generates revenue through a structured transaction model that includes both subscription-based agreements and service contracts with law firms. Clients typically engage with K2 through annual contracts for Managed Services and ongoing support, which allows for predictable revenue streams. The company offers several pricing plans tailored to the specific needs of its clients, reflecting the scale and complexity of the services provided. For example, flagship offerings such as Technology Hosting Services might be billed on a per-user basis, while Help Desk Services could involve tiered pricing based on the volume of support requests.
This structured approach not only facilitates long-term partnerships but also allows clients to efficiently allocate their technology budgets while receiving essential IT support. In November 2025, Renovus Capital acquired a majority stake in K2 Services, LLC. Financial terms of the transaction were not disclosed. K2 Services plans to leverage this investment to enhance its service capabilities.
The company is focusing on upcoming product launches designed to expand its offerings in managed services and support infrastructure. Additionally, K2 Services is targeting expansion into new geographic regions to serve an increased number of law firms in North America and select international markets by 2026. The recent funding will be utilized to support these initiatives, ensuring that K2 Services remains equipped to meet the evolving needs of its clients.
Current Investors
Opensity Solutions
Primary Industry
Software
Sub Industries
Legal Software
Website
www.k2services.com/
Verticals
Artificial Intelligence, RegTech
Company Stage
Add-on
Total Amount Raised
Subscriber access only
K2 Services, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | K2 Services, LLC | - |
Displaying 1 - 1 of 1

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.