Renovo Capital (“Renovo”), a private equity firm investing in lower middle market companies, is excited to announce the closing of Fund IV. Due to strong support from its institutional capital base, the Fund reached its $350 million hard cap in nine months.
This milestone is a testament to Renovo’s commitment to the lower middle market and to building strategically valuable businesses. Renovo’s vertical focus areas within technical product and service niches, combined with its purpose-built team of value creators, has created a sustainable and differentiated model supported by a strong and diversified institutional investor base.
“Since our founding in 2009, we have sought to build a firm that maintains a deep commitment to creating long term value through operational excellence and scale. We are grateful for the dedication of our team and the continued support of our limited partners,” Don Jungerman, Founding Managing Partner.
Renovo seeks to partner with founder-led businesses in attractive niche markets and work together across operational, strategic and technical vectors to continuously improve upon and build value within our partner companies. The current portfolio includes investments in:
- Advanced Manufacturing
- Industrial IoT
- Specialty Chemicals, and
- Tech-Enabled Services