Founded in 1996, Dallas-based Dimont & Associates, Inc., is a leading provider of specialty insurance and loan administration solutions to the residential and commercial financial services industries. The investment furthers Renovo’s focus in the technology-enabled business services sector, with a particular emphasis on serving the evolving residential real estate industry.
In partnership with a veteran management team, Renovo Capital’s investment enables Dimont to continue to grow and innovate, while benefitting from Renovo’s sector expertise. Renovo Capital also owns RealtyTrac and Homefacts.
In connection with this transaction, Denis Brosnan agreed to a new five-year contract to continue his role as president and chief executive officer of Dimont.