“We have demonstrated a consistent track record of sourcing great yet under-invested founder-owned companies,” said founding partner Jesse Serventi, noting the firm’s strategy of scaling businesses and generating growth and returns for investors.
Portfolio and Future Outlook
With over $2 billion in assets under management, Renovus’ portfolio includes more than 30 U.S.-based companies in its core sectors. Earlier in 2024, the firm closed a $325 million multi-asset continuation fund. Renovus aims to continue its pattern of earnings growth and multiple expansion through its latest fund, adding to its established presence in the private equity space.
Legal Advisers
Renovus was advised by a Morgan Lewis team led by partners Brian Jacobson, Stephen Tirrell, Kevin Shmelzer, Michael Richman, and Jason Traue. Full counsel details for Winston & Strawn LLP were not immediately available.
