Renovus, Argosy and BB&T Capital Partners Recapitalize Linkage, a Leadership Training and Development Company
Wynnewood, PA, Wayne, PA, Winston-Salem, NC – Renovus Capital Partners (“Renovus”), Argosy Private Equity (“Argosy”) and BB&T Capital Partners (“BB&T CP”) announced today a significant investment in Linkage, Inc. (“Linkage” or the “Company”). Renovus, Argosy and BB&T CP are Small Business Investment Company (“SBIC”) funds that focus on acquiring or providing capital to companies with… View Article
Renovus Capital Partners Completes a Minority Investment in South College of Tennessee
Wynnewood, PA— Renovus Capital Partners (“Renovus” or the “Fund”) announced today a minority investment in South College of Tennessee. Renovus is an education-focused private equity firm based outside of Philadelphia, PA. South College offers a variety of degrees in health, legal, education and business ranging from associate to doctoral level. The college is particularly known… View Article
Renovus Capital Partners Acquires The Ariel Group, a Leading Provider of Leadership Training to Corporations and Universities
Wynnewood, PA – Renovus Capital Partners (“Renovus” or the “Fund”) announced today the acquisition of The Ariel Group, LLC (“Ariel” or the “Company”). Renovus is an education-focused private equity firm based outside of Philadelphia, PA. Renovus acquired the business from the Company’s founders, Belle Halpern and Kathy Lubar. The Ariel Group is a provider of… View Article
Atomic Learning Teams Up with Geek Squad on Learning Tools for Tech Support Program Members
60,000+ videos with tips for Microsoft® Windows® 8 and other topics augment convenient Geek Squad support for millions of subscribers. LITTLE FALLS, MINN. (PRWEB) Atomic Training, the consumer division of Atomic Learning, Inc., and Best Buy’s Geek Squad today announced an agreement that will provide millions of Geek Squad Tech Support members exclusive access to… View Article
How Private Equity Firms Can Use the SBIC to Facilitate LBOs – Part II
(This article appeared in SBIC Weekly as part of its Weekly Expert Author Series) by Brad Whitman, Founding Partner, Renovus Capital Last month’s column looked at the key challenges to using the SBIC program to do leveraged buyouts. Now let’s look at the key advantages. From a transaction process perspective, SBIC funds do have a… View Article
How Private Equity Firms Can Use the SBIC to Facilitate LBOs – Part I
(This article appeared in SBIC Weekly as part of its Weekly Expert Author Series) by Brad Whitman, Founding Partner, Renovus Capital Why Private Equity Firms Were Slow to Embrace the SBIC Historically, the Small Business Investment Company (SBIC) program has primarily attracted mezzanine debt funds. This trend partly reflected a Small Business Administration (SBA) that… View Article
Renovus Capital and Boathouse Capital Jointly Acquire Atomic Learning
Philadelphia, PA – Renovus Capital Partners (“Renovus”) and Boathouse Capital (“Boathouse”) announced today the acquisition of Atomic Learning, Inc. (“Atomic Learning”) from Granite Equity Partners. Renovus and Boathouse are private equity funds based outside of Philadelphia, PA. Renovus specializes in investing in education companies while Boathouse is knowledgeable about Atomic Learning’s business given its prior… View Article
Renovus Capital Partners Acquires EDIC College
Wynnewood, PA – Renovus Capital Partners, L.P. (“Renovus” or the “Fund”) announced today the acquisition of EDIC College, Inc. (“EDIC”). Renovus is an education-focused private equity firm based outside of Philadelphia, PA. EDIC is a leading career college offering associate’s degrees and certificates in a variety of health-related fields. The school has approximately 1,500 students… View Article
Renovus Capital Partners Receives its SBIC License and Raises $100 Million
Renovus Capital Partners Receives its SBIC License and Raises $100 Million to Support Education Companies in the Middle Market, an Area of Dynamic Growth and Investment Opportunity. Wynnewood, PA – Renovus Capital Partners (“Renovus” or the “Fund”) announced today the receipt of its Small Business Investment Company (“SBIC”) license from the U.S. Small Business Administration (“SBA”) and… View Article
The Back-To-School SBIC Special
Millions of students across the U.S. have tapped the federal government to help pay for education. Now Renovus Capital is doing the same. The firm, which recently received its license as a Small Business Investment Company, is taking advantage of the low-cost money available from the Small Business Administration. Having already raised around $33 million… View Article
