Renovo Capital

About The Fund

Renovo Capital is a private equity firm that specializes in investing in lower middle market companies with technical products and services. They focus on sectors including traditional and specialty manufacturing, food processing, tech-enabled business services, packaging, industrial technology, and industrial/route-based services. Based in Dallas, Denver, and New York and founded in 2009, Renovo Capital operates with a deep understanding of their target sectors and prioritizes investments in companies that offer substantial operational, strategic, and technical potential for value creation. They emphasize operational improvements, such as supply chain enhancements, capital investments, and process improvements. Strategically, they aim to support their portfolio companies with go-to-market strategies, product development, and strategic acquisitions. From a technical perspective, they bring automation, value engineering, and state-of-the-art business systems to the table. Renovo's approach is partner-centric, working alongside business owners, especially highlighting patience during founder transitions and shared upside financial structures. Boasting a history of stewardship in family-owned businesses — with 81% of their portfolio companies falling into that category — Renovo has a significant presence in the industry. They are currently investing out of Renovo Capital Fund IV, LP, a $350 million committed capital fund raised in 2024. Their team consists of 22 professionals with expertise as operators, engineers, and investors. They have successfully executed 43 transactions and manage assets totaling $900 million. Renovo typically makes equity investments ranging from $20-80 million. With a portfolio that underscores their operational, strategic, and technical prowess, Renovo Capital remains a key player in transforming lower middle market companies through comprehensive and specialized investment strategies.