JLL Partners announced that it entered into a partnership with Bart Doedens to form Renovo Health, committing $100 million to build the materials technology company.
Renovo Health is set up to buy, build and develop materials technologies to improve efficacy across medical and dental procedures with an opportunity for near-term expansion, according to a news release. JLL’s $100 million commitment seeks to fund future acquisitions and add capital available as Renovo pursues its growth strategy.