Renovus Capital Partners

Renovus Capital Partners is thrilled to announce the close of its fourth private equity fund, Renovus Capital Partners IV Core Buyout (with its parallel funds, "Renovus IV"), which was oversubscribed with capital commitments of $875 million. Limited partners (LP) for the funds include university endowments, foundations, pension funds, insurance companies, banks, family offices, and industry executives from both the U.S. and abroad. Renovus is grateful for the continued support from our LPs, which reflects their confidence in our strategy and execution capabilities. We are also excited to welcome new limited partners from across the globe, including institutions in Canada, Europe, the Middle East, and Asia. Founding Partner Atif Gilani said, "It is rewarding to see our team’s experience and commitment resonate with both new and existing LPs, many of whom have been with us since our inception nearly 15 years ago." Renovus IV will build on the strategy of its predecessor funds, focusing on control investments in founder-owned small and mid-sized businesses in the lower middle market.?“Our goal is to continue to deliver top-tier outcomes for our portfolio companies and limited partners alike," stated Founding Partner Jesse Serventi. "We have demonstrated a consistent track record of sourcing great yet under-invested founder-owned companies, and over the course of our investment period scaling and professionalizing them, generating both EBITDA growth and multiple expansion at exit." “Renovus IV is off to a great start with its first investment scheduled to close in the next weeks and a robust pipeline of prospective investments ahead,” added Founding Partner Bradley Whitman. Read the full news release here: https://bit.ly/3NCtDpz #privateequity #lowermiddlemarket #fundclosing

Renovus Capital Partners is pleased to announce it has made a majority investment in Angeion Group! Angeion is the leading innovator in the class action settlement industry. The Renovus partnership will enable Angeion to accelerate the buildout of its management, client service, and delivery teams and increase investment in its proprietary class action technology solutions. “Renovus has a track record of identifying unique tech-enabled legal services companies, aligning with management on a growth thesis, and making investments to execute that thesis," said Renovus Managing Director Lee Minkoff. "This is the exact opportunity we have with Angeion. We are excited to partner with Angeion CEO Steven Weisbrot and the management team.” #privateequity #growthacquisition

Renovus Capital Partners is excited to announce the sale of its portfolio company LeapPoint to Omnicom! Renovus’ and LeapPoint Founder Nicholas DeBenedetto's vision for LeapPoint aligned over the goal of becoming a leading Adobe partner. “Our 2021 investment in LeapPoint was shortly after Adobe’s acquisition of Workfront, a mission critical product for marketers and LeapPoint’s historical core competency," said Jesse Serventi, Co-Founder of Renovus. "Three years later, the LeapPoint team has built extensive expertise across Adobe Experience Cloud and has received Adobe’s Content Supply Chain Ready badge, recognizing the company’s commitment and demonstrated ability to help clients plan, create, and deliver personalized content at scale." Congratulations to Nik and the entire LeapPoint team! #privateequity

Renovus Capital Partners is pleased to announce its portfolio company EducationDynamics (Eddy) has acquired RW Jones Agency! With this acquisition, Eddy has established itself as a buyer of choice in the higher education technology enabled services space. With support from Renovus, Eddy will continue to actively pursue M&A opportunities. “To succeed in today’s environment, institutions need to target both traditional and adult learners with a cohesive strategy for branding, communications and overall enrollment management," said Renovus Capital Founder Atif Gilani. "Eddy is one of the largest pure play providers in the higher-ed category. With this acquisition, Eddy has completed its transition from a provider of lead generation services to a managed services platform." #privateequity #growthacquisition

Renovus Capital Partners is very pleased to announce its portfolio company, Thought Logic Consulting, has acquired eCapital Advisors. With offices in Atlanta, Richmond, Washington, DC, Nashville, and now, Minneapolis, the newly combined entity is poised to serve a wider client base with enhanced digital services. eCapital’s established partnerships with leading technology providers—including OneStream, Workday, Incorta, IBM, and Oracle—will further empower Thought Logic to deliver customized, holistic solutions to their clients. Congratulations to Keith Roberts and the entire Thought Logic team! #privateequity #growthacquisition

Join Renovus Capital Partners' Managing Director Lee Minkoff as he shares his perspective and insights on structuring deals in the wealth management space with Dynasty Financial Partners' Harris Baltch next week. Register to join the webinar at the link below. #privateequity #wealthmanagement #mergersandacquisitions

Renovus Capital Partners is pleased to announce the acquisition of QualX Corporation, a leading provider of records and information management, digital transformation, and business process improvement services to agencies across the Federal government. “QualX has been an industry leading and a trusted supplier of information management and records management services to the DoD and civilian agency clients for decades,” said Renovus Partner, Manan Shah. “They have an impeccable record of providing the highest quality services in support of agencies’ missions. We see a great fit with the QualX team and are very happy to be their partner in growth.” We look forward to working with the entire QualX team! #privateequity #growthacquisition

The Renovus team reached new heights (despite the rain!) with an unforgettable treetop adventure at its recent offsite at Skytop Lodge! #privateequity #teambuilding #offsite

Our Renovus team unplugged for a few days to hear from our Founding Partners, connect as a team, and enjoy some time in nature. A few highlights included our Partners sharing their vision for the future of Renovus, enjoying delicious food, making memories among the treetops, and some very competitive rounds of Quizzo! #privateequity #teambuiliding #offsite

Renovus Capital Partners' portfolio company ToxStrategies LLC is pleased to announce the acquisition of Suttons Creek! This partnership between leading pharmaceutical solution providers enhances offerings across pharmaceutical development and commercialization. “ToxStrategies has generated significant momentum over the last year in terms of adding new service offerings to its life sciences practice,” said Jesse Serventi, Founding Partner at Renovus Capital Partners. “We are thrilled to welcome Suttons Creek into the fold, bringing deep regulatory expertise to the medical device, pharmaceutical, and combination products industries. We are confident that this acquisition will allow ToxStrategies to deliver even more value to its clients and provide numerous growth opportunities for the company." Congratulations to Laurie Couture Haws and the entire ToxStrategies team! #privateequity #growthacquisition