Renovo Continues to Grow

• Matt Farrell promoted to Principal
• Tom Colosky and Rob Minor join Renovo as Vice Presidents
• Active vertical investment initiatives
• Investing out of $225M Fund III raised in 2019

Team Developments

We are pleased to announce the promotion of Matt Farrell to Principal

Matt Farrell has been with Renovo for over 7 years and has been a key contributor to two fundraisings as well as the development of a number of platform strategies. Notably, during his tenure, Matt has played an instrumental role in the development of our Sensors vertical, successfully completing the platform acquisition of Rochester Gauges in 2018 and two subsequent add-on acquisitions. Matt also stepped in as interim CFO for the first two years post-closing.

Matt has over 15 years of principal investing and management consulting experience. Prior to Renovo, Matt was a vice president with Deloitte CRG, was an associate with Goldman Sachs Specialty Lending and started his career in Dallas with Prudential Capital Group.

Matt graduated with highest honors from the University of Texas at Austin with a degree in finance. Matt currently serves on the board of Summit Casing Equipment and Rochester Gauges.

Congrats, Matt!!

Contact Matt

Join us in welcoming Tom Colosky and Rob Minor:

Rochester Gauges, LLC is pleased to announce the acquisition of FPI Sensors, which further expands Rochester’s market share in the liquid level sensor space.

Tom Colosky joins as Vice President with nearly 10 years of experience working in strategic and operational value creation. Prior to Renovo, Tom was a Senior Manager at Strategy& (formerly Booz & Company) where he focused on corporate and operations strategy. Areas of expertise include cost structure affordability, governance and organizational design, large scale transformation, market analysis, and growth strategy, and was primarily focused in the Industrials sector.

Tom holds a Bachelor of Science in Mechanical and Aerospace Engineering from Princeton University. Tom is also a graduate of the Harvard Business Analytics Program.

Contact Tom

Rob Minor joins as Vice President and has over 10 years of experience working in strategic and operational value creation. Prior to Renovo, Rob was a Principal at Boston Consulting Group in the Technology Practice Area helping clients on key strategic initiatives including market due diligence, product portfolio strategy, operating model improvement, cost transformation and post-merger integration.

Rob began his career at GE Energy Management as a graduate of GE’s Commercial Leadership Program in the Electrical Distribution Equipment division and holds two patents on Electric Vehicle Infrastructure from his time at GE. Rob received his BS in Industrial Engineering from Texas A&M University and his MBA from the University of Texas at Austin.

Contact Rob

Active Vertical Investment Initiatives

Renovo is actively seeking platforms and industry operating partners in the following verticals:

About Renovo

Since 2008, Renovo has invested in lower middle market entrepreneur or family owned businesses where Renovo’s flexible capital and operational capabilities bring transformational opportunities to lower small businesses.

• Investing out of $225M Fund III raised in 2019; investment size $10-$60M
• 75% of platforms have been entrepreneur and/or family-owned
• No minimum EBITDA required; we will invest in negative EBITDA situations
• Investment structures customized to fit specific company situations: control equity, structured equity, bridge loans and capital for acquisitions
• Comfortable with distressed situations, turnarounds, underperforming businesses, or companies/industries in transition

Renovo Capital is a Dallas, TX-based private equity investment firm that invests in lower middle market specialty manufacturing and business services companies. Since its founding in 2009, Renovo has expanded from three founding members to 15 operating and investing professionals, raised over $400 million in committed capital and completed over 20 transactions. The firm targets investments in complex situations, seeking to build strategically valuable business platforms.

For more information please visit renovocapital.com

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