Acquisition Opportunity The Novak Consulting Group has become part of Raftelis, expanding capabilities in local government consulting and executive search. This presents a cross-sell opportunity for Raftelis to introduce broader financial modeling, rate studies, and organizational optimization services to existing Novak clients, leveraging a blended government-focused portfolio.

Local Government Focus Strong footprint in city management recruitment and governance consulting, evidenced by recent client wins for police chief searches and city manager searches. Target similarly positioned municipalities and civic organizations with Raftelis’ combined expertise in executive search and financial planning to address leadership gaps and succession planning.

Revenue Growth Path Reported revenue in the one to ten million range with acquisition history and strategic partnerships suggests room to scale through expanded service lines such as organizational assessments, strategic planning, and technology-enabled data analytics for municipal operations.

Tech Enablement Existing tech stack includes Power BI, AWS, SharePoint, SQL Server, and collaboration tools. Position offerings around data-driven decision making, dashboards for rate studies and budget optimization, and scalable digital solutions for governance and organizational planning.

Expansion Momentum Past high-profile engagements with cities and organizations, plus integration into Raftelis’ network, indicate a momentum for growth in public sector consulting. Use case studies from police chief searches, city manager searches, and rate studies to illustrate value to prospective municipal clients.