On February 9, 2022, Renovo Capital, LLC (“Renovo Capital”) announced its recently closed growth equity investment in Reynolds Lift Technologies (“Reynolds Lift”).
Reynolds Lift, headquartered in Missouri City, TX, is a technology company focused on engineering and manufacturing cutting edge Permanent Magnet Motor solutions. Reynolds Lift’s products are sold primarily to oil and gas operators and oilfield service companies.
Renovo Capital is a Dallas, Texas based lower middle market private equity firm comprised of seasoned operating and investing professionals. Renovo makes control investments in technical businesses that have the potential to generate meaningful value through operational improvements and strategic initiatives. Since its founding in 2009, Renovo has completed over 30 transactions and raised over $400 million of committed capital.
Baker Botts represented Renovo Capital.
To read the press release regarding this transaction, please click here.
Baker Botts team:
Corporate: Jon Platt, Grant Everett, Trevor Labarge, and Derek Gabriel
Intellectual Property: Michael Silliman
Tax: Jason Loden and Steve Marcus
Labor & Employment: Jennifer Trulock
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