Andronico’s Community Markets, a five-store Northern California chain based in San Leandro, has seen sales grow by 15% since it was acquired out of bankruptcy by Renovo Capital, Denver, in late 2011. The stores are undergoing remodeling that will continue through next year as the company seeks to solidify the reputation it has built since 1929 of meeting the needs of each neighborhood it serves with a wide variety of specialty merchandise.

This communication is intended only for informational purposes. This communication nor any attachment thereto is not intended, and should not be construed, as investment advice and does not constitute an offer or commitment, a solicitation of an offer, or any advice or recommendation, to enter into or conclude any transaction. Offers are made only pursuant to a definitive Private Placement Memorandum, Subscription Agreement, or other relevant documentation for the Funds, which contain detailed information concerning the investment terms and the risks, fees and expenses associated with an investment in that Fund. Certain information regarding this communication may have been obtained from third-party sources, including from portfolio companies of funds managed by Renovo. While taken from sources believed to be reliable, Renovo has not independently verified such information and makes no representations about the accuracy of the information or its appropriateness for a given situation. The communication speaks only as of the date indicated or, if no such date is indicated, the date such content is originally posted, and any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in this communication are subject to change without notice and may differ or be contrary to opinions expressed by others. This communication or any attachment thereto is not intended, and should not be construed, as legal, tax, public accounting or auditing advice or opinions. You should consult your legal counsel, accountants and/or tax advisors prior to making any decisions or taking any action concerning the matters in this communication.