JLL Partners (“JLL”) today announced it has entered into a partnership with Bart Doedens, a highly regarded and accomplished leader in the biomedical industry, to form Renovo Health, Inc. Renovo Health seeks to buy, build, and develop materials technologies to provide a platform for improved efficacy across a spectrum of medical and dental procedures while offering an opportunity for near-term expansion. Renovo Health will focus on partnering with existing best-in-class operators, leveraging its deep expertise and organizational capabilities to facilitate organic growth as well as through the development of complementary offerings, operational improvement initiatives, and strategic mergers and acquisitions. JLL Partners has initially committed $100 million to capitalize Renovo Health and fund future acquisitions, with additional capital available to pursue its growth strategy.
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Source: https://www.businesswire.com/news/home/20200310005087/en/JLL-Partners-Bart-Doedens-Join-Launch-Renovo