Renovus Capital Partners Invests in EMS, a Medical Simulation Technology Company

Wynnewood, PA – Renovus Capital Partners (“Renovus” or the “Fund”) announced today an investment in Education Management Solutions, LLC (“EMS” or the “Company”). Renovus is an education-focused private equity firm based outside of Philadelphia, PA.As part of the transaction, Renovus acquired a minority stake in EMS and provided capital for future expansion.

EMS, based in Exton, Pennsylvania, is a medical simulation solutions provider to medical and nursing schools and hospitals.The Company designs, installs, and supportsthe technology platform that records and manages the activities occurring within medical simulation centers. Healthcare institutions use these centers to train doctors, nurses, and undergraduate and graduate students to diagnose and treat medical problems via hands-on scenarios involving either actors simulating patients or sophisticated patient mannequins. EMS’ system includes a software suite that instructors can use to administer training sessions and then store, search, review and annotate the resulting videos. Since these videos are used to assess the skill level of medical and nursing students and identify mistakes, these systems have become an essential part of most medical simulation centers.

“Many medical skills are best learned by participating in realistic scenarios that test a student’s ability to deal with an actual patient,” noted Jesse Serventi, a Renovus founder. “Medical simulation centers provide the ideal environment for teaching these hands-on skills to doctors and nurses, and companies like EMS are well-positioned to benefit from the tremendous growth in these centers.”

“Partnering with Renovus provides EMS with the resources it needs to take full advantage of the market growth that is taking place,” added Anurag Singh, EMS founder and CEO. “Since first meeting the Renovus team over a year ago, I’ve been very impressed with their knowledge of the sector and their relationships with healthcare institutions. As a partner, they brought more to the table than just money.”

“Over the past year, we spent a significant amount of time meeting with companies in the medical simulation market. From talking with customers, competitors and partners, it was clear that EMS stood out as a market leader with a history of innovation.” concluded Brad Whitman, a Renovus founder.”The Company has enormous potential for growth in a very exciting market.”

DLA Piper advised Renovus on the transaction while Morgan Lewis advisedEMS.

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About Renovus Capital Partners

Founded in January 2010, Renovus Capital Partners is a $185 million, education-focused private equity fund based in Wynnewood, PA, a suburb of Philadelphia.Renovus invests in small and mid-sized businesses within the education and training sectors, including both educational institutions and companies that provide these institutions with technology, content and services.The Fund is particularly interested in growth-oriented businesses, and the Renovus team actively partners with management to build its portfolio companies through acquisitions, new strategic initiatives and operational improvements.The Renovus team has a combined 50+ years of experience investing in the education and training sectors and the founding partners have been working together since 2005.Renovus is a licensed SBIC.For additional information on Renovus Capital Partners, see www.renovuscapital.com.

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