Renwood Opportunities Fund has Acquired the Assets
of Andronico's Markets, Inc.

Dallas, Texas and San Francisco, California (November 1, 2011)

Renwood Opportunities Fund, a partnership formed by Rosewood Private Investments and Renovo Capital, is proud to announce the acquistion of the assets of Andronico's Markets, Inc. Since 1929, Andronico's has operated grocery stores providing specialty foods in the San Francisco Bay Area. In addition to providing a full selection of competitively priced everyday needs, the Company offers a wide variety of organic foods and specialty items that cannot be found at conventional supermarkets. Renwood acquired the senior and junior debt of Andronico's in August 2011, and in conjunction with Andronico's entering Chapter 11, provided Debtor-in-Possession financing. Renwood successfully credit bid its debt in a 363 sale for the assets of Andronico's. The total time from purchase of the debt to the closing of the 363 sale was less than 90 days, which preserved the going concern value of the business.

About Rosewood Private Investments

Rosewood Private Investments ( is the private equity arm of The Rosewood Corporation, a prominent family-owned company with diverse worldwide operations and investments. Rosewood has a long history of investing in profitable, growing middle-market companies that are the best in their respective industries.

About Renovo Capital

Renovo Capital, LLC ( is a private equity group who through its Renwood Opportunities Fund, makes control equity investments in troubled and underperforming companies, and invests in other special situation opportunities. Renovo's investment size ranges from $2 million to $15 million with a primary focus on operating turnarounds, backruptcy reorganizations, debt purchases and out-of-court restructurings for companies in the manufacturing, distribution and service industries.