What NOVUM Consulting Group does

NOVUM Consulting Group is an independent professional services firm founded in January 2020 by Stephen Dell, headquartered in The Woodlands, Texas, that provides financial and advisory consulting services with a core focus on intellectual property disputes and commercial litigation. The firm delivers damages analysis, expert witness testimony, business and asset valuations, licensing negotiations, and due diligence support to law firms, corporations, universities, government agencies, and individuals. Its six service lines — Intellectual Property Disputes, Commercial Disputes, Advisory Services, Licensing & Market Assessments, Valuations, and Other Services (Royalty Audits, Royalty Compliance, Financial Reporting) — are delivered by a team of approximately 13-14 professionals including two Senior Directors, two Directors, two Managers, and a bench of Senior Analysts and Analysts.

The firm's value proposition is anchored in expert testimony credentials rather than proprietary technology. Founder and President Stephen Dell, a Certified Valuation Analyst with 23+ years of experience, has testified in 200-300+ major IP and commercial litigation matters and has been recognized by IAM Patent 1000 as a top patent professional for four consecutive years (2020-2024). Notable jury-adopted damages testimony includes $142M in G+ Communications v. Samsung (2024), $62.7M in Solas OLED v. Samsung Display (2021), $25M in Acorn Semiconductor v. Samsung (2021), and $4.5M in Broker Genius v. Seat Scouts (2019). Advisory engagements have exceeded $2 billion in aggregate value.

NOVUM operates a project-based professional services revenue model with no disclosed pricing or contract structure; engagements are typically sourced through law firm referrals and direct corporate relationships. The company does not maintain a proprietary technology platform and relies on its named experts' courtroom credibility, damages-modeling expertise, and IAM-recognized credentials as its primary competitive assets. In 2024, NOVUM became a portfolio company of Aperture, a national forensic services firm, gaining access to a broader bench of experts and national distribution while maintaining its brand identity.

Name

NOVUM Consulting Group

Legal name

Novum Consulting Group LLC

Website

https://novumconsultinggroup.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

NOVUM Consulting Group is a The Woodlands, Texas-based boutique financial advisory firm specializing in intellectual property damages analysis, expert witness testimony, and business valuations for law firms, corporations, universities, and government agencies, anchored by founder Stephen Dell's court-recognized damages expertise.

Ownership category

akta.pro rank

Product category

Financial Advisory Consulting

NAICS

Management Consulting Services (54161), Other Management Consulting Services (541618), Management, Scientific, and Technical Consulting Services (5416)

SIC

Services-Management Consulting Services (8742)

akta.pro primary industry

Financial Management & Performance Improvement Consulting (BPAHACAF)

akta.pro secondary industries

Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL), Risk, Compliance & Internal Controls Consulting (BPAHACAJ), eDiscovery, Litigation Support & Legal Hold (BPAEAPAE)

Keywords

• Intellectual property disputes
• Damages analysis
• Expert witness services
• Business valuations
• Licensing negotiations

Headquarters

HQ city

The Woodlands

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Financial and Advisory Consulting Services: NOVUM generates revenue through providing expert financial consulting, damages analysis, valuations, licensing negotiation advisory, and expert witness services to law firms and corporate clients for intellectual property and commercial disputes.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

NOVUM Consulting Group is an independent consulting firm providing financial, accounting, economic, valuation, and expert services to law firms, corporations, universities, government agencies, and individuals. The firm specializes in intellectual property damages analysis, expert witness testimony, commercial litigation support, business and asset valuations, licensing negotiations, and advisory services for buy/sell transactions.

Product overview

NOVUM Consulting Group is an independent consulting firm providing financial and advisory consulting services. The company offers six interconnected service lines: Intellectual Property Disputes (damages analysis and expert testimony), Commercial Disputes (financial analysis and valuations), Advisory Services (due diligence and buy/sell transactions), Licensing & Market Assessments (monetization and licensing negotiations), Valuations (business and asset valuation), and Other Services (Royalty Audits, Royalty Compliance, and Financial Reporting). These services are delivered by credentialed experts including Certified Valuation Analysts (CVAs) and provide consulting to law firms, corporations, universities, government agencies, and individuals for business transactions and disputed matters.

Differentiator

Problem solved

Functional benefit

Products and services

• Intellectual Property Disputes Financial consulting, damages analysis, and expert witness services for IP matters including patent, trade secret, trademark, trade dress, and copyright infringement, with testimony provided in state and federal courts, arbitrations, and mediations. For law firms and corporate clients.
• Commercial Disputes Damages, financial, and statistical analysis, economic modeling, and valuations for commercial litigation matters, with expert testimony in federal and state courts, mediation, and arbitration proceedings. For law firms and corporate clients.
• Advisory Services Strategic advisory and consulting services including due diligence, buy/sell transactions, and development of innovative licensing and negotiation strategies, with engagements exceeding $2 billion in value. For corporations and other entities.
• Licensing & Market Assessments Monetization strategy development, licensing negotiations, and preparation of offering memorandums for potential buyers and licensees, including market analysis and competitive assessments. For corporations and IP owners.
• Valuations Business and asset valuation services by certified valuation specialists for dispute and ordinary business needs, including financial reporting, litigation, tax compliance, and purchase price allocations. For corporate clients and law firms.
• Other Services Additional business and transaction services including Royalty Audits, Royalty Compliance, Financial Reporting, and Valuations for dispute and compliance purposes. For corporations and law firms.

Quantifiable outcome

• Stephen Dell testified to $142 million in damages that were awarded by jury in G+ Communications v. Samsung 5G patent retrial (2024)
• +6 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• AperturecoreStrategic or Co-development Partner · 1 January 2024NOVUM Consulting Group has joined Aperture, a national forensic services firm, as one of Aperture's portfolio companies. This partnership provides NOVUM with broader reach, deeper bench of experts, and increased scale while maintaining their reputation for expert analysis supporting the legal community.

Scale indicators3 records

Recent moves8 records

Expansion highlights4 records

Broad incumbents

• Analysis Group: Major economic and financial consulting firm with one of the largest IP damages practices, frequently engaged as expert witness in patent and commercial disputes similar to NOVUM's matters.
• NERA Economic Consulting: Global economics consulting firm with deep IP damages, antitrust, and valuation practices; competes with NOVUM for high-stakes IP litigation engagements.
• The Brattle Group: Consulting firm with strong IP economics and damages expertise providing expert testimony in major patent infringement cases similar to those handled by NOVUM.
• Berkeley Research Group (BRG): Major consulting firm with a disputes and economics practice offering IP damages, valuation, and expert witness services comparable to NOVUM's offerings.
• Alvarez & Marsal Disputes and Investigations: Global professional services firm with a disputes and investigations practice providing forensic accounting, damages analysis, and expert services overlapping with NOVUM.
• Kroll (formerly Duff & Phelps): Global financial advisory and valuation firm offering business valuations, damages quantification, and dispute consulting — overlapping with NOVUM's valuation and advisory services.
• Cornerstone Research: Economic and financial consulting firm providing expert testimony and damages analysis in IP, securities, and commercial litigation — overlapping directly with NOVUM's expert witness work.
• Charles River Associates (CRA): Large global consulting firm with a well-known IP and antitrust economics practice providing expert testimony and damages analysis in major patent litigation.

Direct peers

• Ocean Tomo: Specialist IP consulting, valuation, and damages expert firm — directly competes with NOVUM on IP damages analysis, licensing, and patent valuation engagements.

Others

• Aperture (parent platform): National forensic services firm that acquired/incorporated NOVUM as a portfolio company — now serves as the parent platform and adjacent ecosystem participant in NOVUM's growth strategy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/novum-consulting-group-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NOVUM Consulting Group