ADVEEZ Joins Renovo Capital's IoT Platform

Deal News | Mar 26, 2025 | Renovo Capital LLC

Renovo Capital, LLC has announced the acquisition of ADVEEZ, marking its fifth platform acquisition in the Internet of Things (IoT) sector and the twelfth IoT transaction overall. This strategic move highlights Renovo's commitment to growth and its efforts to forge strong partnerships in the IoT space. Renovo's track record in value creation and industry expertise positions it as a trusted partner, providing innovative and effective solutions. ADVEEZ specializes in designing and building hardware and software to provide telematics for aviation ground support equipment. With this acquisition, ADVEEZ aims to invest in research and development, improved customer care, and enhanced post-sales support to deliver groundbreaking solutions to the aviation industry.

Sectors

  • Internet of Things (IoT)
  • Aviation Technology

Geography

  • United States – Renovo Capital LLC is based in the United States, making the geography relevant to the article.
  • France – ADVEEZ, the company acquired by Renovo Capital, is based in France, adding a cross-border element to the transaction.

Industry

  • Internet of Things (IoT) – The acquisition of ADVEEZ by Renovo Capital highlights the continuous expansion in the IoT sector, aiming at providing innovative telematics solutions.
  • Aviation Technology – ADVEEZ's focus on telematics for aviation ground support equipment positions this acquisition within the aviation technology industry.

Financials

    Participants

    NameRoleTypeDescription
    Renovo Capital LLCAcquirerCompanyA private equity firm focused on investing in the IoT sector, with a track record of building strong partnerships and creating value.
    ADVEEZTargetCompanyA company specializing in hardware and software telematics solutions for aviation ground support equipment.