RENOVO CAPITAL - Key Persons
A.P. Nonweiler, Co. acquires PurEpoxy to expand its concrete coatings product offering
September 6, 2022 - A.P. Nonweiler, Co. ("APN" or the "Company"), a portfolio company of Renovo Capital, LLC ("Renovo") and a leading manufacturer of specialty coatings, is pleased to announce the acquisition of Vortex Coatings Inc. ("PurEpoxy") and Groupe Distribution Inc. ("Ice Epoxy"). Founder Erik Gravel has built PurEpoxy into… Read More
Job Titles:
- Associate - Internal Operations
Allie brings client service and internal operations experience to Renovo Capital. Prior to Renovo, Allie worked as an Office Coordinator at a boutique consulting firm. Prior to consulting, Allie worked at Charles Schwab where she earned her Series 7 and 66 licenses.
Allie attended the University of Arkansas where she graduated with a BS in Business Management and a minor in Finance.
Prior to joining Renovo, Andrew was an associate at CenterGate Capital, where he evaluated private equity investment opportunities across a broad range of industries.
Andrew began his career in investment banking as an analyst at Stephens Inc. He graduated cum laude from Southern Methodist University with a BBA in Finance.
Job Titles:
- Strategic Advisor / Bill Earnshaw Strategic Advisor
Bill is a senior-level professional with 30 years of experience in executive leadership at world class technology organizations with a proven track record of delivering industry-leading platforms and driving substantial bottom line results in highly competitive markets. Extensive experience in delivering new technologies and products resulting in revenue growth, margin improvement and increased operating profit.
Bill served as Partner and semiconductor expert at Boston Consulting Group for the past 3 years. Prior to BCG, Bill spent 8 years at Qualcomm as SVP of Engineering and most recently as Technology Leader of IP Strategy. As SVP of Engineering, Bill provided strategic direction on the R&D of advanced wireless connectivity technologies and products. He was responsible for product development and delivery for Qualcomm's mobile, infrastructure, automotive and IoT business units.
Prior to Qualcomm, Bill was VP of Engineering at Atheros Communications, developing multiple industry-leading hardware and software platforms. He also spent 15 years as SVP of Engineering and Operations at a start-up where he led a team focused on high performance communications products for consumer electronics and service provider markets resulting in a successful IPO. Bill earned his MBA and a Bachelors of Electrical and Electronics Engineering at Old Dominion University and is the holder of 20 US patents.
Job Titles:
- Operating Partner
- Renovo Operating Partner
Chip has over 25 years of experience in executive management and management consulting. He has the requisite financial and operational skills to lead organizations in start-up, restructuring, acquisition integration and ongoing operations.
Chip is a Renovo Operating Partner helping portfolio companies implement value creation strategies and currently serves as COO at Rochester Sensors.
Job Titles:
- Member of the Firm 's Investment Committee
- Partner
David Hull brings over 20 years of experience in principal investing and management consulting. Prior to Renovo, David was with Goldman Sachs' Special Situations Group providing debt and equity capital to middle market companies.
Prior to joining Goldman Sachs, David was a Partner at a boutique strategy and operational consulting firm advising middle market companies. David started his career as an investment analyst with Prudential Capital Group. He graduated Southern Methodist University with a degree in finance.
David is a member of the firm's Investment Committee and serves on the board of A.P. Nonweiler.
David Hull joins Renovo Capital from Goldman Sachs. While at Goldman Sachs David worked in the Special Situations Group providing debt and equity capital to healthy and distressed middle market companies. He focused on originating new investment opportunities in the southwest and worked closely with existing portfolio companies in distressed/work… Read More
Dennis Lewandowski brings decades of specialty coatings and adhesives experience to Renovo's Industry Partner program.
Dennis was most recently co-owner and head of commercial and supply chain for AP Nonweiler, a portfolio company of Renovo Capital. In 30+ years at APN, Dennis helped grow APN revenue over 15x. Dennis remains a Board Member of APN under Renovo's ownership while also consulting with the sales and procurement teams.
Prior to APN, Dennis spent 15 years in sales leadership roles for raw material and ingredient manufacturers including for Sacco/Midstates, The Cary Company, and Armstrong Container.
Dennis has partnered with Renovo to identify specialty coatings and adhesives acquisition targets while also supporting diligence and commercial strategy.
Job Titles:
- Member of the Investment Professionals Industry & Operating Partners Team
- Partner
Don brings more than 30 years experience as an operating executive, principal investor and entrepreneur. Prior to founding Renovo, Don was a partner at Four Corners Capital and established the firm's operating partner practice that structured and managed private equity investments.
He holds a Bachelor's degree in Mechanical Engineering from Texas A&M University. Don is a member of the firm's Investment Committee and serves on the boards of States Industries, Summit Casing Equipment, Rochester Sensors, Otodata Wireless and Reynolds Lift Technologies.
Erik brings over 20 years of business process improvement, business infrastructure development and acquisition integration experience as a Renovo Operating Partner.
Previously, Erik served in various management roles at Measurement Specialties, Inc. (NASDAQ: MEAS), including Vice President, Integration/Best Practices; Executive Director of Operations, Americas and Director of Global IT/Best Practices.
Prior to MEAS, Erik spent years in management consulting as a Partner at boutique strategy and operational consulting firm advising middle market companies and as a consultant at George Group, Inc., a manufacturing-focused management consulting company.
Erik received a B.S. in Management Science from Southern Methodist University.
Frank brings over 30 years of operating and executive leadership to Renovo as an Industry Partner focused on the Sensor and Industrial IOT sectors. Most recently, Frank served as President/CEO and Director of Measurement Specialties, Inc (NASDAQ: MEAS), a designer/manufacturer of embedded sensors and sensor-based systems. At MEAS, Frank orchestrated a successful out-of-court restructuring earning TMAs turnaround-of-the-year in 2004.
He subsequently remained at the helm of MEAS and led a decade long expansion program, growing revenue from $40 million to $600 million over 10 years. Frank completed 24 acquisitions and deployed $450 million of capital within the embedded sensor sector, compounding earnings over 20% annually during that period. Frank exited in October 2014 following the successful sale to TE Connectivity (NYSE: TEL) at $86 per share, creating approximately $1.7 billion of incremental equity value under his leadership.
Prior to MEAS, Frank was a Founding Partner and Managing Director of CRP, a Dallas-based turnaround/restructuring firm, along with Four Corners Capital, a boutique investment/advisory firm, and spent 13 years in management consulting with Andersen Consulting and George Group, Inc. Frank received a B.S. in Mechanical Engineering from The University of Texas at Austin.
Frank currently serves on the board of Otodata Wireless, Rochester Sensors and Summit Casing Equipment.
Jonathon Miller brings over 20 years of experience in principal investing, operations, and engineering. Prior to Renovo, Jonathon was a Principal with LKCM Headwater Investments, a middle market private equity firm and affiliate of Luther King Capital Management in Fort Worth, Texas. There, Jonathon also formed and led a captive team of operating partners through a standalone entity, Headwater Operations, which continues to support the operating initiatives of LKCM Headwater portfolio companies.
Prior to joining LKCM Headwater, Jonathon was in portfolio operations at Renovo Capital, a Portfolio Manager for NFJ Investment Group in Dallas, and a Senior Design Engineer at both Texas Instruments and Emerging Memory Technology.
Jonathon graduated Highest Honors with a Bachelor of Science in Electrical Engineering from The University of Texas at Austin and holds a Master of Business Administration with Honors from Columbia Business School in New York.
Jonathon is a member of the firm's Investment Committee.
Kevin brings over 30 years of experience in manufacturing operations and executive leadership.
Kevin is currently Chief Executive Officer and Operating Partner at AP Nonweiler Co. Prior to these roles, Kevin was a practice leader at FTI Consulting and Deloitte and was a founding partner of CRG Partners Group. Kevin was previously with the management consulting firm George Group (now Accenture). Kevin received his Bachelor of Science in Industrial Engineering from the University of Arkansas.
Kevin Smith brings over 25 years of experience in roles as operating partner, interim executive management, management consulting, and operations management. Experience includes a broad range of industries and improvement areas, including strategic planning, marketing and sales, product development, operations, and foundational infrastructure, having worked with over 50 companies, ranging in size from $10M to $8B in revenue. Common focus across positions has been developing an integrated, cross-functional platform for growth and accelerated business performance, under lean resource availability.
Kevin is currently Chairman and Operating Partner on Global HR Research and was previously an Operating Partner for Formation Brands. Prior to these roles, Kevin was a founding partner of CRG Partners Group and previously with management consulting firm George Group (now Accenture).
Kevin received a Bachelor of Science in Engineering from Texas A&M University.
Leslie brings over 30 years of operating and executive leadership to Renovo as an Industry Partner focused on the Human Capital Management and Benefits Administration industry. Most recently, Leslie served as the Chief Operating Officer at bswift, a leading benefits administration outsourcing provider. Prior to bswift, Leslie held senior leadership roles at Conduent (formerly Xerox HR Services) as COO for the HR and Benefits Outsourcing business, and Hewitt Associates (now Alight) where she led global practice leadership for all benefits and payroll outsourcing divisions.
While at bswift, Leslie was instrumental in driving growth from $40 million to $200 million over 7 years and transitioning the company from a provider of technology solutions for small to mid-market businesses to a leader in the benefits administration outsourcing business serving the largest employers in the country.
Leslie graduated from Northwestern University with a degree in Economics and Political Science and completed graduate work at George Washington University and Northwestern University's Kellogg School of Management.
Job Titles:
- Member of the Firm 's Investment Committee
- Partner
Matt has close to 20 years of principal investing and management consulting experience. Prior to Renovo, Matt was a Vice President at a boutique strategy and operational consulting firm advising middle market companies.
Prior to consulting, Matt was an Associate with Goldman Sachs' Special Situations Group providing debt and equity capital to middle market companies. He started his career as an Investment Analyst with Prudential Capital Group. Matt graduated with highest honors from the University of Texas at Austin with a degree in finance.
Matt is a member of the firm's Investment Committee and currently serves on the board of Otodata Wireless, Summit Casing Equipment and Rochester Sensors, where he most recently served as interim CFO for two years post-closing.
In the May/June 2014 edition of "turnarounds & workout Trends", Matt Farrell published an article outlining a recent merchant cash advance.
Patrick Jupe has nearly 10 years of experience leading strategic and operational value creation transformations. Prior to Renovo, Patrick was an Engagement Manager at McKinsey in the Recovery and Transformation Services practice. Patrick focused on conducting diligence, sizing opportunities, defining strategic cost and growth initiatives, developing implementation plans, and driving initiatives to execution across a broad set of operational and growth levers primarily for heavy industrial clients.
Patrick began his career at Chevron in their Project Management Leadership Program, where he focused on leading major capital projects from engineering to start-up in the field. Patrick earned his BS in Mechanical Engineering from MIT and his MBA from the Harvard Business School.
Rob Minor joins as Vice President and has over 10 years of experience working in strategic and operational value creation. Prior to Renovo, Rob was a Principal at Boston Consulting Group in the Technology Practice Area helping clients on key strategic initiatives including market due diligence, product portfolio strategy, operating model improvement, cost transformation and post-merger integration.
Rob began his career at GE Energy Management as a graduate of GE's Commercial Leadership Program in the Electrical Distribution Equipment division and holds two patents on Electric Vehicle Infrastructure from his time at GE. Rob received his BS in Industrial Engineering from Texas A&M University and his MBA from the University of Texas at Austin.
Rushton began his career in investment banking as a credit underwriting analyst then associate at Truist Securities covering technology relationships. His responsibilities included investment diligence and monitoring of credit commitments for a portfolio of clients.
Prior to joining Renovo, Rushton completed his MBA from the University of Virginia Darden School of Business. For undergraduate, he received a BBA in Finance from Auburn University, graduating summa cum laude.
Prior to joining Renovo, Ryan attended the University of Texas and graduated with a Bachelor of Arts in Economics and a Master in Professional Accounting. Ryan interned with Renovo during the year of his graduate degree and joins as an Analyst.
Job Titles:
- Strategic Advisor / Scott Lavie Strategic Advisor
Scott has a distinguished career as a principal investor, lender and entrepreneur. Prior to co-founding Renovo, Scott held senior roles in Summit Investment Management, Galena Capital and Republic Financial Corporation. Scott began his career at GE Capital, where he rose to co-founder and manager of GE's restructuring finance group. Scott received a BA in finance from California State University-Chico.
Scott is a Senior Advisor to Renovo and serves on the board of States Industries.
Tom Colosky has nearly 10 years of experience working in strategic and operational value creation. Prior to Renovo, Tom was a Senior Manager at Strategy& (formerly Booz & Company) where he focused on corporate and operations strategy including cost structure affordability, governance and organizational design, large scale transformation, market analysis, and growth strategy, primarily in the Industrials sector. Tom holds a Bachelor of Science in Mechanical and Aerospace Engineering from Princeton University. Tom is also a graduate of the Harvard Business Analytics Program.