Arlington-based Aperture LLC has acquired the NOVUM Consulting Group, a provider of financial consulting services including economic damages analysis, valuations, licensing negotiation advisory, and expert witness services to law firms and corporate clients across the country.
NOVUM is based in The Woodlands north of Houston. Terms of the deal were not disclosed.
Aperture, a Trinity Hunt Partners portfolio company, said NOVUM’s experts have been engaged in more than two hundred major intellectual property litigation and complex business litigation matters, as well as advising clients in patent acquisitions/dispositions, licensing, valuation, and/or financing arrangements.
Stephen Dell, NOVUM’s founder and president, has been recognized by IP valuation information consultant IAM as one of the world’s leading economic and patent damages expert witnesses by IAM Patent 1000 each of the last four consecutive years.
“Over the course of his prolific career, Stephen Dell has proven himself to be a preeminent economic and damages expert in Intellectual Property disputes. He took that expertise and built NOVUM into the market leading firm it is today,” Aperture CEO and President Robert E. Joyce Jr. said in a statement. “Through his leadership, Stephen has built an extraordinarily deep and impressive team of high performing professionals.”
Joyce added that NOVUM is the “go-to solution” for clients seeking “the absolute best.”
He said that NOVUM’s “collective thought leadership, vision, and service delivery capabilities are a perfect fit for the Aperture team.”
Joyce welcomed the NOVUM team aboard and said that he and his team “are looking forward to collaborating with them as we continue to expand our service offerings to our clients.”
‘An ever-expanding platform of talent’
Dell said NOVUM aligns well with Aperture.
“I’m extremely excited to share the news of NOVUM partnering with Aperture,” Dell said. “From the outset of our discussions with Aperture, the executive team made it abundantly clear that Aperture’s corporate culture and intense focus on client service were directly aligned with the mission and vision of NOVUM.”
He added that collaborating with Aperture would be instrumental for the NOVUM team to continue giving clients “the best-in-class service they are accustomed to.”
Aperture is a full-service provider of forensic expertise and litigation dispute support services in the areas of accident reconstruction, biomechanical engineering, construction, economic damages, human factors, intellectual property, premises liability, and workplace safety. Aperture also has locations in California (Berkeley, Carlsbad, El Segundo, and Long Beach), Colorado (Denver), Massachusetts (Boston), Nevada (Las Vegas), New Mexico (Albuquerque), Texas (Cedar Park, Dallas, Houston, Rockwall, and Southlake) and Wisconsin (Pewaukee).
Trinity Hunt Partners is a Dallas-based growth-oriented middle market private equity firm.
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