Keystone Strategy, a San Francisco-based consulting firm, has been confirmed to receive a whopping $100 million investment from RLH Equity Partners. Keystone has a long-standing reputation in the field, offering their clients expertise in multiple departments such as product development, data analysis, and economics, as well as services for protecting intellectual property and antitrust matters.
With an impressive repertoire of clients like Amazon, Intel, Microsoft, Coca-Cola, and Pfizer, to name a few, Keystone draws its talent from the top business schools across the country to ensure accuracy and professionalism throughout the firm, currently employing 125 of such industry leaders nationally. This attention to detail has landed Keystone on Vault’s list of the Top 50 Consulting Firms for the past two years running.
The growth that $100 million can provide for a company will substantiate business strategy advantages and problem-solving measures that Keystone continuously provides to its clients across its national platform, as well as allow it to ramp up its services in a high-demand market.
Co-Founder and Managing Director of RLH, Chris Lewis said, in a statement about the transaction, “Our orientation is to invest in the people of high-end, knowledge-driven companies, and Keystone represents an extraordinary opportunity to support a talent-driven organization that aligns with our core investment thesis and values. We are excited about the partnership and look forward to supporting Keystone as it continues to find solutions for companies’ most challenging business problems.”
RLH Equity Partners is a Los Angeles-based investment firm which has over 35 years of history investing in multiple sectors, namely healthcare, government, and business services. The firm currently manages over $1 billion in assets, with most of their investments placed in companies that have $200 million or more in annual revenue.
The IT consulting market in the U.S. is expected to grow by nearly 10% in 2021, reaching upwards of $576 billion according to IBISWorld, with an expected 8.5% growth in management consulting. For RLH, this growth is consistent with their large scale investment in consulting firms such as Keystone.