RENOVUS

2025

Mid-Year Review

As we reach the midpoint of 2025, we’re taking a moment to reflect on our progress and share highlights from the first half of the year. We are incredibly proud of the partnerships we’ve strengthened, the milestones our portfolio companies have achieved, and the exciting opportunities ahead.

We’re honored to share that Renovus Capital was ranked #1 globally among small-cap buyout firms in a comprehensive industry study – for the third consecutive year.¹ This recognition reflects the collective efforts of our team, our exceptional portfolio companies, and the trust of our partners.

Additionally, in the first six months of the year, we:

  • Deployed over $100 million in capital across new platform investments and strategic add-ons, supporting growth and innovation throughout our portfolio.

  • Closed a new platform investment in the rehabilitation services space, advancing our commitment to scalable sectors.

  • Supported eight strategic acquisitions, enhancing scale, capability, and long-term value for our companies and investors.

  • Welcomed five new team members across investment, operations, and value creation teams – deepening our domain expertise and execution capacity.

  • Established dedicated AI resources to support development and deployment of artificial intelligence across our portfolio – enabling meaningful streamlining and operational optimization for long-term competitive advantage.

We’re energized by the momentum and remain committed to delivering strong results in the second half of the year.

Firm Updates

IT Services CEO's meeting in a conference room

Exits

Our portfolio company, Harbor Global, a market-leading provider of technology and professional services to the legal industry, received a majority investment from BayPine. Renovus partnered with Harbor at inception and supported its substantial growth. We will remain a significant investor alongside BayPine and Harbor’s management team. The new partnership positions Harbor to accelerate its digital transformation strategy and continue expanding its global reach.


New Platform Investment

Renovus acquired a majority stake in Collage Rehabilitation Partners.

Collage Rehabilitation offers high-quality, multi-disciplinary treatment for patients with neurological injuries and disorders across residential, outpatient, and home and community settings. The company designs individualized, agile treatment plans tailored to each person’s unique needs and recovery timeline. With a nationwide network of providers, they offer both residential and non-residential services that support recovery in real-life environments—at home, at work, and in the community. Their approach is intentional, innovative, and focused on helping individuals regain independence and lead productive lives.


Add-on Acquisitions

In addition, Renovus’ existing platform investments achieved greater scale through making multiple strategic add-on acquisitions:

Renovus Platform

Industry Vertical

Add-on Acquisition

Technology Services

Professional Services

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Technology Services

Professional Services

Healthcare Services


Looking to the Second Half of 2025

Renovus is well-positioned for continued success in the second half of 2025. With a robust pipeline of investment opportunities and deep conviction in our target sectors, we anticipate active and productive third and fourth quarters.

We’re also looking forward to our Annual LP Meeting in September, where we’ll share performance updates, portfolio insights, and our roadmap for the future.

Meanwhile, our Operating Partner Program continues to grow, bringing additional expertise and strategic capacity to our companies. If you or someone in your network would be a strong fit for the program, we’d love to hear from you.

As always, if you’re interested in learning more about our portfolio, co-investment opportunities, or the broader market dynamics we’re observing, we welcome the conversation.

Wishing you a productive and successful second half of the year!