Harris Williams & Co. Advises Revenew International, LLC on its Sale from Levine Leichtman Capital Partners to Sentinel Capital Partners

July 20, 2016

Harris Williams & Co., a preeminent middle market investment bank focused on the advisory needs of clients worldwide for 25 years, announces the sale of Revenew International, LLC (Revenew), a portfolio company of Levine Leichtman Capital Partners (LLCP), to Sentinel Capital Partners (Sentinel). Harris Williams & Co. served as the exclusive financial advisor to Revenew, a provider of cost containment and cost recovery services. The transaction was led by Brian Lucas, Derek Lewis, Luke Semple and Victoria Mercer of Harris Williams & Co.’s Richmond office.

“Revenew has demonstrated impressive organic growth over its history, which is a testament to the value of its services and the strength of its client relationships. It has been a pleasure to work with Revenew’s management team and we look forward to following the company’s continued success in partnership with Sentinel,” said Brian Lucas, a managing director at Harris Williams & Co.

“Revenew occupies a unique position in the cost recovery and cost containment industry with a leading position in the energy and power market. The company’s compelling value proposition, superior service delivery and approach to customer satisfaction continue to position Revenew as a preferred provider in the industry,” said Luke Semple, a director at Harris Williams & Co.

Revenew offers cost recovery and cost containment services that deliver monetary recoveries and cost reduction benefits. The company’s programs help to ensure compliance with commercial terms, recover lost monies and provide best practice recommendations for contractual and operational improvements.

LLCP is a Los Angeles, California-based private investment firm that has managed approximately $7.5 billion of institutional capital since its inception. LLCP invests in middle market companies located in the U.S. and Europe. LLCP is currently making new investments through Levine Leichtman Capital Partners V, L.P., Levine Leichtman Capital Partners Lower Middle Market Fund, L.P., Levine Leichtman Capital Partners Private Capital Solutions, L.P., Levine Leichtman Capital Partners Europe, L.P. and LLCP Co-Investment Fund, L.P. LLCP has offices in Los Angeles, New York, Dallas, Chicago, London and The Hague.

Sentinel is one of the nation's leading lower-middle market private equity firms. The firm invests in management buyouts, acquisitions of family businesses, corporate divestitures, industry consolidations and going-private transactions in the U.S. and Canada. Sentinel forges partnerships with talented management teams who want to be owners of the companies they operate. Based in New York City, Sentinel has approximately $2.6 billion of capital under management.

Harris Williams & Co. (www.harriswilliams.com), a member of The PNC Financial Services Group, Inc. (NYSE:PNC), is a preeminent middle market investment bank focused on the advisory needs of clients worldwide. The firm has deep industry knowledge, global transaction expertise and an unwavering commitment to excellence. Harris Williams & Co. provides sell-side and acquisition advisory, restructuring advisory, board advisory, private placements and capital markets advisory services.

Investment banking services are provided by Harris Williams LLC, a registered broker-dealer and member of FINRA and SIPC, and Harris Williams & Co. Ltd, which is authorized and regulated by the Financial Conduct Authority. Harris Williams & Co. is a trade name under which Harris Williams LLC and Harris Williams & Co. Ltd conduct business.