R/P
Renovia Partners
Private Equity Fund

Bridging the Futureof Construction to the Next Generation

Japan's only buyout fund specializing in small and micro-cap construction companies

About Us
Meeting

Succession & Innovation

OUR MISSION

Solving business succession challenges
in construction, building sustainable growth companies

Renovia Partners serves as a receiver for small and medium-sized construction companies struggling with a lack of successors or human resources, aiming to transform them into "star companies" through our fund's capital strength and management expertise.

Rather than relying on simple cost-cutting, we grow enterprise value through stronger recruiting, stronger sales capabilities, and organization building. That is our approach.

VALUE UP

Offense-oriented value creation,
not reliant on cost-cutting

New Client &
Partner Development

Leveraging the networks of fund investors and portfolio companies' partners to develop new clients and external partners

Project Selection &
Unit Price Improvement

Clarifying project selection criteria - factoring in room to pass rising costs through to pricing - to raise unit prices

Recruiting Successors &
Building Hiring Capability

Beyond recruiting successor executives, building relationships with recruiting agencies with a focus on organizational renewal to strengthen hiring capabilities

Development Plans &
Performance Systems

Setting clear, quantitative skill-development targets, creating development plans, implementing compensation and performance reviews, and supporting professional qualifications

Sales Productivity Improvement

Improving deal-acquisition efficiency by streamlining quoting operations and implementing management tools

Business Planning &
Management Efficiency

Developing business plans with clear quantitative targets, enabling efficient financial closing through IT tools

Financial Efficiency Improvement

Improving financial efficiency through negotiations with financial institutions and reviewing payment terms

Roll-Up M&A

Pursuing M&A with mutually beneficial companies in the same industry to further stabilize the management foundation

WHY RENOVIA

Japan's OnlyConstruction-Focused Fund

We specialize in small and micro-cap construction companies (revenue under ¥5 billion). Our deep understanding of the industry's unique business practices and challenges enables rapid decision-making and robust support

Growth ThroughRevenue Improvement

We don't rely on cost-cutting. Professionals with top sales track records lead sales transformation, growing enterprise value by increasing the top line (revenue)

Mutual Prosperitywith the Industry

We welcome strategic investors connected to the construction industry and promote collaboration with portfolio companies, building an ecosystem for the development of the entire industry - not just financial logic

MEMBERS

Representative Partner

Shuri Ryoyama

In 2014, joined SMBC Nikko Securities. After working in the retail division, engaged in M&A advisory work. Was involved in investments in and management of multiple small and medium-sized construction companies through government-affiliated investment firms and regional financial institutions. Later, after PE secondary investment work at A.I. Capital, founded Renovia Partners in 2023.

Partner

Shota Tsukaguchi

In 2012, joined SMBC Nikko Securities, achieving results in the top 1.5% in the retail division before transferring to the investment banking division, where he engaged in finance and M&A advisory for listed companies. He later became an independent IFA in 2019, providing financial consulting services to domestic family offices and small and medium-sized enterprises. He has established a strong track record as a life insurance agent and is registered as an MDRT TOT member.

Partner

Hideaki Taura

Since 2014, engaged in management consulting at foreign-affiliated consulting firms. At Accenture's strategy group and on Big 4 FAS PMI teams, led initiatives targeting revenue growth and cost reduction of ¥10-100 billion in scale, including new business launches, overseas market entry strategy, and post-merger synergy planning and integration. At Renovia, primarily responsible for deal sourcing, due diligence, and portfolio company management support.

Associate

Mitsunori Nishide

After graduating university, joined a bank where he began sales of investment trusts, life insurance, and securities to corporate and individual clients, and also gained experience in civil rehabilitation and organizational restructuring. He later provided financial and tax advisory services at a tax accounting firm, and at an M&A firm engaged in advisory work spanning sourcing, origination, and execution.

Advisor

Hiroyuki Usuda

Registered as an attorney in 1997 and joined Nishimura & Sanada (now Nishimura & Asahi, a foreign law joint enterprise). Became a partner at the firm in January 2006. For many years, as a partner in the firm's M&A/Corporate department, has been involved in numerous M&A transactions, including LBOs by PE funds. Most recently, served as lead legal advisor on the acquisition and going-private of former Hitachi Metals (now Proterial) by Bain Capital and others.

Advisor

Shigeru Ishiwaki

Joined the Architecture Bureau of Nippon Telegraph and Telephone Public Corporation (now NTT) in 1979. He subsequently held positions including branch manager and department head at NTT Urban Development, NTT Facilities, and Nippon MECS, primarily engaged in construction supervision and building maintenance management. He is a first-class registered architect, first-class construction management engineer, and licensed real estate transaction specialist. At Renovia, he leverages his industry knowledge and network to advise portfolio companies on business evaluation and management.

PORTFOLIO

Taiko Jyuki
Mobile Crane Rental | Aichi Prefecture

Taiko Jyuki

Strengthening the management structure and cross-regional collaboration to raise unit prices and drive organizational development

  • Addressing business succession risk and transitioning to organizational management
  • Retained the previous management while dispatching two non-executive directors
  • New client development leveraging the Renovia network
  • Advancing a strategic alliance concept with industry peers within Aichi Prefecture
  • Streamlining administrative functions by integrating finance, accounting, and general affairs
  • Raising crane rental unit prices through coordination with companies across regions
Somay-Q Technology
Paint & Repair Materials Manufacturer | Ibaraki Prefecture

Somay-Q Technology

Supporting the development of new business with major companies and the creation of new business models

  • Growth support aimed at a 10x increase in revenue
  • Dispatched one director to provide hands-on support centered on growth
  • Development of major accounts in telecommunications, railways, energy, shipbuilding, and marine shipping
  • Building construction and sales networks with construction firms, energy companies, and trading companies
  • Development of unprecedented business models through joint development of new technologies
Nakano Engineering
Building Inspection & Facility Construction | Tokyo

Nakano Engineering

Advancing smooth business succession and building recruiting and development systems for young talent

  • Achieved a smooth transition of the former management team after a 6-month handover period
  • Achieved zero employee turnover through one-on-one interviews with all employees following capital investment
  • Hired multiple mid-career and young employees in a short period through partnerships with recruiting agencies
  • Developed HR systems by supporting qualification acquisition and defining skill and evaluation criteria
  • Improved employee treatment by revisiting work-life balance and compensation levels
  • Streamlined administrative work through DX initiatives such as eliminating cash payments and going paperless

RECRUIT

Recruiting professionals to
transform the future of construction

Executive Talent Recruitment in Construction

Investment Professional Recruitment

Contact Us

For inquiries regarding business succession or investment opportunities, please contact us here

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