RENOVUS

2025

Year in Review

2025 was a year defined by purposeful growth, strategic partnership, and the continued realization of our mission: to be knowledge and talent investors who back visionary founders and build enduring businesses. Across our platform, we strengthened teams, supported entrepreneurial leadership, expanded capabilities, and delivered value for our investors and portfolio companies alike.

Advancing Our Strategy in Knowledge & Talent

At Renovus, we invest with industry focus and operational insight — partnering with founder-led companies across education, healthcare services, technology services, and professional services to accelerate performance and long-term success. Our investment approach blends capital with deep expertise and talent development, helping businesses unlock their full potential.

Celebrating Key Achievements in 2025

  • For the third straight year, Renovus Capital was ranked #1 globally among small-cap buyout firms in a comprehensive industry study¹, a testament to our disciplined investing and sustained performance across cycles.
  • We were also honored on Inc.’s 2025 Founder-Friendly Investors list, highlighting our commitment to supporting founder-led businesses and long-term collaboration.

Over the course of 2025, we:

  • Deployed over $200(?) million in capital across new platform investments and strategic add-ons, supporting growth and innovation throughout our portfolio.
  • Closed four new platform investments, advancing our commitment to scalable sectors.
  • Supported eight strategic acquisitions, enhancing scale, capability, and long-term value for our companies and investors.
  • Welcomed six new team members across investment, operations, and value creation teams – deepening our domain expertise and execution capacity.
  • Promoted 11 team members who each played an important role in advancing the firm’s growth through consistent performance, collaboration, and leadership

Driving Growth with People at the Core

Our emphasis on talent — both within portfolio companies and within Renovus itself — remains central to our success. We celebrated leadership milestones, welcomed new executives into growing teams, and supported management in securing top industry talent. This year reaffirmed what we’ve always believed: acquiring capital is just step one — cultivating talent and knowledge is what creates lasting value.

 

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.

Renovus sold Pillr Health, a technology-enabled pharmacy optimization platform serving healthcare providers nationwide, in late 2025. Renovus first partnered with the business in 2019, supporting its evolution from a legacy 340B third-party administrator into a scaled, software-enabled platform offering a comprehensive suite of pharmacy optimization, compliance, and specialty pharmacy solutions. During Renovus’ ownership, Pillr Health expanded its product capabilities, invested meaningfully in technology and talent, completed multiple strategic acquisitions, and rebranded the combined platform under the Pillr Health name.

 


New Platform Investments

Renovus acquired a majority stake in Collage Rehabilitation Partners and a new platform through the combination of three firms

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.

Renovus created a new platform through the combination of K2 Services, Global Business Transformation Solutions and Forrest Solutions. These three strategic organizations have come together to form a powerful new entity poised to drive transformative impact for their professional services and legal clients.


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

Professional Services

Healthcare Services

Technology Services

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Technology Services

Technology Services

Healthcare Services

Professional Services

Technology Services

Professional Services

Healthcare Services

Healthcare Services


Looking to 2026

As we reflect on 2025, we’re grounded in gratitude for the founders, operators, investors, and teams who made this a tremendous year. Entering 2026, Renovus is poised to continue investing thoughtfully in businesses where talent and expertise are the engines of growth. We remain committed to long-term partnerships that empower people and transform industries.

Thank you for your continued trust and partnership.