Houlihan Lokey Advises Renovus Capital Partners
Houlihan Lokey is pleased to announce the closing of Renovus Capital Partners IV Core Buyout, LP (along with its parallel fund vehicles, Renovus IV), which was significantly oversubscribed with total capital commitments of $875 million. Houlihan Lokey served as the primary placement agent for Renovus Capital Partners (Renovus) in support of the fundraise.
Founded in 2010, Renovus Capital Partners is a lower-middle-market private equity firm specializing in the knowledge and talent industries. From its base in the Philadelphia area, Renovus manages more than $2 billion of assets across its several sector-focused funds. Its current portfolio includes more than 30 U.S.-based businesses specializing in education and workforce development and services companies in the technology, healthcare, and professional services markets. Renovus typically makes control buyout investments in founder-owned businesses, leveraging its industry expertise and operator network to make operational improvements, recruit top talent, and pursue add-on acquisitions.
This transaction highlights Houlihan Lokey’s ability to leverage its experience in identifying strategic global investors aligned with Renovus’ long-term strategy. The success of this raise underscores the confidence investors have in Renovus’ proven track record and its ability to drive value in the lower middle market.
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