WAYNE, PA — Renovus Capital Partners announced that Aretum, LLC, its recently formed government services platform, has named Damian DiPippa as its Chief Executive Officer (CEO). Mr. DiPippa brings a long history of working in the government services sector. Most recently, he was CEO of Arcfield, where he transformed an acquired portfolio of programs into an independent $500 million revenue company with domestic and international operations.
“We are extremely pleased that Damian will lead Aretum,” said Atif Gilani, Founding Partner at Renovus Capital. “His in-depth knowledge and experience in the government services sector is invaluable and will enable him to carry out our shared vision for Aretum.”
Mr. DiPippa commented, “I am excited to lead Aretum as we build the company into a new mid-tier provider of technology-enabled mission support for defense, homeland security and civilian agencies. The combination of our legacy companies provides a very high level of competitiveness and excellence within our core competencies of engineering, IT, cybersecurity, and financial services. We are extremely well-positioned with Renovus as our partner to execute on our ambitious goals.”
Prior to Arcfield, Mr. DiPippa was President of the Systems Engineering Sector at Peraton, where he executed an initiative that resulted in the successful divestiture of more than $500 million in conflicted contracts. While at Perspecta (a Peraton predecessor), DiPippa was Senior Vice President and General Manager and led the $900 million Intelligence Group. He was also a Senior Vice President and General Manager for ManTech and held Vice President roles at Engility, TASC and Northrop Grumman. In each role he developed and executed multi-year growth strategies with pipelines of new opportunities totaling more than $4 billion; and led contract wins across various federal agencies including the Departments of Defense, Homeland Security and Transportation. He received a master’s degree in business administration from Georgetown University and a bachelor’s degree in aerospace engineering from Penn State University.
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